Thread regarding CGG Veritas layoffs

Stock price from $2000 to $0.51 garbage stock

CGG's stock price from $2000 in 2008 to $0.51 now. It is a garbage stock

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Post ID: @OP+18RS0r5G

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I bought stocks from this company in 2014 after the price plunged significantly to a low level. I thought it was a good deal at that time and I would be able to make good cash on my investment. Unfortunately, I was wrong and the price kept going down until it became worthless (few $). To be more specific the loss since I bought the stocks is 99.34% (highlighted in red).

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Post ID: @Bfau+18RS0r5G

That's what penny stock does ...

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Post ID: @zubi+18RS0r5G

Garbage company, garbage management and garbage managers.

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Post ID: @sdog+18RS0r5G

What happened? Fugro won and CGG lost back in 2012 when CGG took on too much debt, too much risk and failed miserably at consolidation, management and leadership.

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Post ID: @1dwi+18RS0r5G

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