Most will have left by that point. End of union
Seriously, why doesn't VZ just sell off the landline business? Do you know anyone with a landline who is under 80 years old?
big increase in recreational goods in Q1 according to the latest GDP report. Should flow through to Medallion Bank
or spin it out to a new company. Call it "Buggy Whip Telco". Sell it, spin it out, just get it off the books of the cellular company.
the $2K/month per union employee health benefits is a real savings ($80M/month). The 10% 401K match and 12% pension contribution is a real savings ($40M/month). The OT paid to management and union pay cancel each other out. Lost installs and extra work if they come back need to be accounted for
$95M/week seems high. Probably $100M/month in savings to the company
I agree with their new stance. Announce the dividend 4-6 weeks before the ex-div date so that it hangs like a Sword of Damocles over the shorts. By doing what they did they can now do this as almost every other company does. If it makes the books look better, all the better. Maybe now they can pay a dividend every 3 months instead of 2-3-3-4 which is also stupid. The 4 month gap gives shorts a huge gift to screw with the stock
the company is disingenuous. shorts are a bunch of willful liars. Hard to stay engaged with a bunch of liars
Newark NJ charged Uber $10M to play
$100M Uber lawsuit settlement in 2 states
your buddy, Hickman, was released from prison after a 4 month sentence
Is the SEC asking those questions or your law firm is asking those questions on behalf of you? It look like your law firm is asking the questions.
but did he create a bogus shell corporation and name himself President to appear to be more important than he actually was? Cause James Hickman, disgraced financial analyst, probably wouldn't get you mention anywhere.
it's not a P&D. It's being manipulated down by the shorts. Too bad your buddy is not invested as he is missing out. I'll get in after earnings are reported if they are as expected.
no matter what medallions sell for, the company can us alternate accounting methods to slowly write down values. they can use other accounting methods to write up bank assets. They will continue to pay a dividend and continue on with their business. the medallion business will slowly be phased out; now it is ZERO of profits and 48% of assets. Just a few months back it was 20% of profits and 60% of assets.
You can write as many articles as you want. This is the reality. It's not going out of business. There is a larger chance that Uber will stumble than these guys going BK.
Time to face reality and move on. You made some bucks. The market is passing you by. Find another stock.