TWC is getting a huge write off by selling now . There is more to it then we know. They might be required to sell because of Verizon deal. Also to be honest with the number of hotspots they are adding in each city do you really need cell service? Wifi could end up being the next big thing as I know I look to see if the places I visit have free wifi. There are numerous ways if Clear gets one boost on taking care of the debt this stock will be off to the races and that is the big question we are all gambling on.
Naturally, no longs or pumpers would dare respond to your assertion here; but, what you illustrate is true. No one wants to take a loss, especially one on the $478 mil level. Yet, when TWC sees there best bet is to unload shares at the $1.50 level - this is a bad sign. The days of $1.80 in this stock are over. We will see $1.00 before we see $1.80 again.
Robert Kraft bought the Patriots for $175 million from Victor Kiam. How much are they worth now, $1.5 billion? Miami beach property was close to worthless in the 70's, now its some of the most expensive property in US. Vision and new business models change old paradigms. TWC is selling because their phone business model changed; they are stuck in their connected-to-the-cord old business paradigm; and conflicts of interest.