If you kept the match paid in 2017 in stock, you’ve lost 90% of your money.
If you kept the match paid in 2018 in stock, you’ve lost 60% of your money.
Ask your retirement advisor if double digit losses are right for you.
4 replies (most recent on top)
I had very little in WIN stock, and sold it all in early 2017 when I saw the bottom dropping out. TT's entire salary should be tied to the stock performance, so if it goes down 70% this year - so does his pay.
Sad that the stock is worthless - all the VP's always post on stock pages that the stock will 'bounce' back once the ruling from the Judge is released - but remember that Frontier is doing just as bad, and they have no court ruling like WIN's.
Bad executive management decisions will doom a company - a change of leadership clearly through all the VP ranks is needed.
TT resigning is the only way for the stock to recover.
I stopped putting into my 401k and opened an IRA. I don't want windstream stock. They can keep it.
I lost money too, I transferred it out first day I could and lost several hundred because there is a delay. It’s not meant to trading per say. That said if it stays this short sold it might be worth keeping if that lawsuit isn’t over someone spoke about earlier. It’s severely underpriced short term right now.
I couldn’t move my money out fast enough out of c-ap. Even moving the first available second i still lost money. Hey how about a match for my investment choices instead of your failing stock? It should be illegal to do what they do