If you want to understand anything in America you follow the money.
If windstream had a future the executive money would be snatching up shares at these all time low prices.
They can cheerlead all they want. Their lack of buying tells you everything you need to know about the reality.
Tony Thomas made $5,412,718 in total compensation in 2017. $1,000,000 salary, $1,195,680 bonus, $0 was received in stock options, $3,131,379 was awarded as stock and $85,659 came from other types of compensation. The point of repeating this information is TT does not take STOCK OPTIONS for compensation and you wonder why they are not buying shares!?
The SEC also needs to investigate the Gunderman bothers since they are directly involved in the financial transactions that have destroyed Windstream from the inside. Financial transactions that constantly are getting taken to court. Financial transactions that have only increased the wealth at the determent of others.
The Leadership team (as these failures like to call themselves), now take home over 10% of the capital market value of the company in annual compensation. This type of greed and incompetence should be punished not rewarded!!!!
As someone that has been in a space that has worked behind the damage of this cost savings team has caused over the last few years , this has caused a records nightmare and in most cases we are now paying for 2 circuits instead of just one for the same customer so no I will have to disagree with any cost savings that has happened as I have seen it many times with my own eyes, you can’t change a customers carrier circuit to a whole new provider and not document anything about it in m6 , so yeah there was no cost savings only major records damage and now we are paying for 2 services instead of 1 for the same customer because as new service was added to “save money” they never disco’d the existing services with the original provider lmao , great idea to save money! Haha
While I work in cost savings and save Windstream many times my annual salary each week, I'm under no illusions. At this point you either need to bail for another company ASAP or ride this out into the ground. I love my job and my team so I'll stick it out. But always keep your resume updated and keep an eye out for other opportunities. There will always be more layoffs, the C-suite will continue to get raises as earnings per share continue to plummet, and the biggest expenditures for 2019 will be buybacks so the executives can pump-and-dump.
"Our big win in court will kick our stock up to 8 or 10 a share"
Correct - 8 or 10 cents it will go up before dropping....
Time for another reverse split - maybe 1 for 100 reverse split this time so TT can take another vacation in the Alps?
$1.50 by the end of the year is looking like a real possibility!
Good job WE executives! TT and his Zombies can brush up on their resumes so they can next work at Walmart...
I just hope they make payroll in December.
Currently trading around $2/share
Maybe they wait on ruling and buy right before that. Our big win in court will kick our stock up to 8 or 10 a share.