Wantaloss continues spreading false information. I guess the squeeze has had some lasting burn marks. REIT will crush those who continue to doubt. More dividend losses coming for the market manipulators. Amazing watching there relentless pursuit of losing money.
Sentiment: Strong Buy
Sounds like you are trying to put lipstick on this pig. A reverse split is never a good thing. That is the last resort when it comes to getting the price of the stock up.
When the only reason a company has for a reverse split is that their stock has dropped it's generally bad news for the company. These kinds of reverse splits tend to be desperation measures. But WIN's reverse split is not of this sort. Instead, it's a reverse split that is part of an REIT spinoff. To compare it with other companies you should be looking at reverse splits that were in conjunction with an REIT spinoff. Are these so bad?
Here are some companies that have had a reverse split while doing an REIT spinoff. You can google their stock charts and history yourself, as for me, I am satisfied with their stock movement post split and expect to do well with WIN. Here are some recent reverse stock splits combined with spinoffs. The first two are REIT spinoffs, the other two are more general: Northstar Realty (NRF - NRF/2 + NSAM); United Online (UNTD - UNTD/7 + FTD/5); Motorola (MOT - MSI/7 + MMI/8). Now these were the first four reverse splits with spinoffs that I found. Look around and see if you can find some more. Did they do well or badly? It will give you something to do other than talking with your visiting relatives on Christmas.
Sorry dude but in this instance a RS is to try to prop up a failing share price. That simply NEVER works. WIN is lost and will be a firesale candidate once they file an 11. They tried to become a national presence buying PAETEC but have no clue how to run a CLEC and Wholesale Business. And word has it they hired a glorified sales rep to be a VP to lead that under the Finance VP who knows nothing about telecom. Smart guys those WIN execs.
Want2lose and company have had a bad year shorting WIN. The squeeze to $13 really burnt them bad as well as paying out a dollar in dividends. Bear shakes have not produced the results they were hoping for.
Sentiment: Strong Buy
Frank, your comment would have been totally hilarious had you signed off with....BOB.LMAO
The original hivoltage Bob
Windstream announces it has been awarded a five-year multimillion-dollar contract by the National Weather Service to deliver high-speed Internet connectivity Windstream will provide fiber optic circuit installation, Internet services and technical support for these select regional offices that currently have limited Internet access.
Prob as you know it's been a long standing joke from someone named "Bob" who never answered the main frame when called ha. Seriously, good luck guys I hope they have the management in place to work this out.
No it's not... Something wrong here and when they start playing with numbers like this it's a bad sign. It also comes to the point where folks have to asked why the CEO was AXED all of a sudden.
Thanks for your kind words, oicu! Yes re: CNSL. I owned North Pittsburgh Systems, which was bought by CNSL...liked what I saw and have been with CNSL since. You said you like WIN's direction, could you expand on that...maybe I was premature by getting out of that position. Re: T, I was able to get in at a low price and have enjoyed some appreciation, plus the dividend! Bob
Thanks!!! CNSL has been a good play for a long time (hats off to you). I never could pull the buy trigger for T or VZ. Mainly focused on rural wireline companies (including CNSL). Good Luck to you also!!! Bob
Good luck with your WIN holdings in the future! I still have some telecommunication stocks,,,T and CNSL. I will keep my fingers crossed for both of us. Alltel was a great and profitable holding for me, lost some cash with WIN. Bob