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Frontier Communications Corporation Message Board

  • owens132000 owens132000 Jul 1, 2013 3:22 PM Flag

    Words of Wisdom

    From J. Cramer quote " I don't like the way the operations of the company are run" He doesn't trust Maggot either. CEO lies to shareholders. Reputation of the company is negative.

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    • Cramer is a fraud. He had been pumping this co $LINE before the SEC decided to investigate it and the stock tanked. Now he has been completely silent on it. That should tell you everything you need to know about him. Do you really think he knows enough about all these companies he talks about? No he doesn't. Ignore Jim Cramer. Only a know nothing retail investor would get sucked into his nonsense.

    • vonstutt@bellsouth.net vonstutt Jul 5, 2013 12:57 PM Flag

      For a change I agree with Cramer. Maggie as CEO is not trust worthly. Why the hell the FTR Board does not wake up is beyon me.

      Sentiment: Hold

      • 4 Replies to vonstutt
      • ~~~ Dinx ~~~ ok you were getting back at me, I get it. You never did tell the board here [not the BOD] but the message board what you are investing in. I already know IBM because I see your posts. But why all the comments on fr and why all the analysis. I have tried to figure you out however that isn't going to happen unless you come clean with your investments

      • Dinx will you please stop with the prayer thing. That was your doing, not mine. It's not my prayer that was yours. If you want me to go over to the IBM board and start making comments I will. Von is right and you don't need to be little him for his comments either. a s hole :)

      • swp3@sbcglobal.net swp3 Jul 7, 2013 12:05 PM Flag

        Even a broken clock is right twice a day

      • "For a change I agree with Cramer. Maggie as CEO is not trust worthly. Why the hell the FTR Board does not wake up is beyon me."

        Alright let me try and communicate to you this way: Maggie is the Captain of the ship and the Crew -- make that HER Crew includes the BOD. It's a group that sees eye-to-eye with Maggie. Get it -- they are all part of a clique that runs FTR as a platform for them to ride at the top. Maggie bounces the ball and the BOD are the cheerleaders She's going nowhere. She just got a new two year contract with a base salary increase and increased bonus potential. I believe she made just a tad under $6 mil this year total salary, bonus and stock. Think about the 90% exe bonus payout for 2011 which was a year that the stock fell about 60% and the dividend was cut 47% for the first payment 2012. Think about it. Many FTR investors have been mislead and crushed. The stock has been transformed from an investment grade security into a very odd stock -- the combination of the huge short position, and growing short ratio as volume has dried up, and you couple the short position with a 10% dividend yield and you get a short circuit -- FTR has become a freak stock. And all this got Maggie & BOD ahead while public stockholders got an ice pick in the ear.

        Friday Night Services -- FTR Stockholders Prayer (aka cd's prayer)

        Now I lay me down to sleep,
        I gave Maggie capital to keep,
        If FTR should rise and then go dead,
        Help Maggie my balls are red,
        I shoulda bought VZ in stead!
        Amen

    • “Be Fearful When Others Are Greedy and Greedy When Others Are Fearful”

      Warren Buffett

      • 1 Reply to richard.schulze52
      • Warren says he takes minority positions in companies who treat their shareholders with reverence.

        FTR would never be on Buffett's radar screen -- for a lot of reasons but one big one is how executive management is rewarded big for miserable performance. FTR is a payroll machine run by a clique for the clique. Public shareholders come last -- 90% of max bonus payout for 2011 when the stock hit a rock and listed over in the water like an Italian love boat.

        Glittering generalities like Warren's quote applies to undervalued & overvalued assets when markets go thru a sea change. In either market condition, FTR is a dying enterprise that can't preserve the lines they have purchased. The goodwill of $6.4b is a ticking time bomb which will get a write down and the retirement funding gaps are over $1b. If FTR can't nose up and find some assets that will generate revenue then its remaining equity will continue to shrink each quarter.

 
FTR
6.76-0.02(-0.29%)Dec 24 12:59 PMEST

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