I'm long you freaking moron! If I was short, I wouldn't be calling for a change in the BoD and the executive ranks! Get a #$%$ life!
I recently had a TV problem. The guy who came out to my house was terrific. I told him I was a shareholder and asked him what he thought about the company since it acquired SureWest. He said the company is terrible to work for; terribly mismanaged; and that the executives and managers in the company are completely incompetent. He said they might think they are smart; but that they didn't have a clue regarding running a fiber network! He also said the number of subscribers leaving and switching to a new provider was at a record high! This might explain the plummeting stock price.
When CNSL acquired SureWest, everything went to hell in a hand basket. The management for CNSL is totally incompetent, and hasn't effectively incorporated their acquisition into the company. Their customer support is horrible, and their networking systems have huge problems talking to each other. Email, telephone, and internet are ALL having problems. And the former SureWest employees are miserable working for CNSL. In my opinion, we need a huge shakeup in both management (from the top down) and with the BoD. They are totally ineffective at performing.
Today? Down 40% in the last 6 months! Extremely incompetent management and disenfranchised staff! Class action suit coming soon.
...or they will be seeing a huge class action suit for breach of fiduciary responsibility and mismangagement. I have Consolidated for my home, and all I can say is since they bought SureWest, the company has deteriorated markedly. Worst customer service in the industry and lousy attitude from investor relations. If in three months, I don't see a substantial shakeout, the class action suit will be initiated.
See a pattern Warren? Do something Mr. Largest Position Holder!