Thread regarding Crown Castle International Corp. layoffs

CCI stock is down 30% from all time high.

CCI Stock is trading around $146.60 as of 9/29/2022 10:18 AM CST. The ATH is $209.86. This means we are down over 30% from our ATH. This is just the beginning.

There are a bunch of European "issues" to say the least. When the Euro falls, our economy will not last much longer. The USD is going up while all the other fiat currencies are dropping. This crazy DXY price action is a strong sign of an impending currency collapse. The dollar will follow suit and drop like a brick too. The other countries cannot afford to pay USD based debts as their own currency loses value. BOE had to pump in 100 million yesterday to keep their pensions afloat!

Don't forget that the SEC gave the greenlight to use pensions (https://www.federalregister.gov/documents/2022/09/08/2022-19417/self-regulatory-organizations-the-options-clearing-corporation-notice-of-no-objection-to-advance) for clearing house defaults. The market already lost over 7 trillion (https://www.cnbc.com/2022/09/27/stock-market-losses-wipe-out-9-trillion-from-americans-wealth-.html) in value this year! The DTCC committed international securities fraud and Ken Griffin of Citadel lied to Congress. The whole market is rigged and is about to fall apart for what may be the last time. Get ready for the US CBDC (https://www.investopedia.com/us-cbdc-6740586https://www.investopedia.com/us-cbdc-6740586).

So do not be surprised when family members lose their pensions. Do not be surprised when your 401K drops another 50%. The writing is on the walls. The death of the USD is imminent. Stay safe, and look for other job opportunities to diversify your income streams. This is not financial advice. DYOR.

by
| 1930 views | | 13 replies (last ) | Reply
Post ID: @OP+1iXvtDc8

13 replies (most recent on top)

@8njy+1iXvtDc8, the reason our economy is on the verge of collapse is because of what you just said. Because flights, restaurants, and stores are all packed, the fed will continue to raise the prime rate, forcing the economy to recess. You have to look 2 steps ahead. Not just in this moment.

by
| | Reply
Post ID: @aies+1iXvtDc8

We are not on verge of economic collapse. Record employment, demand out ways supply, restaurants ,sporting events, flights, & stores are all packed. What you spew is B.S.. The fed is raising rates to slow economy down. It's the normal business cycle. The American economy is resilient.. if worried about your 401k I suggest diversevaction and limit your exposure to CCI stock.. dont panic

by
| | Reply
Post ID: @8njy+1iXvtDc8

@8ftr+1iXvtDc8 This post was needed to counter the opposite of what you are suggesting. You should read my other posts - I have said numerous times how the stock price is a graph for how rich people feel. The problem is that there are people suggesting that CCI is doing better than DJIA (which I could never find a day where that statement was ever true when it was being uttered). They are also saying that because of the stock performance was the most important metric for success of a business. I know the price is fake, but that does not change the fact that the price can affect retirement accounts.

The rich get richer during economic turmoil. If we prepare before the storm, we can retain our wealth and take the rest of our stolen wealth back. Louisiana just took back almost 800 million from Blackrock because the ESG policies are un-American and against the financial interests of the citizens of Louisiana.

To tie this all together - @8fcr+1iXvtDc8 everyone looks at the world however they want to. You can see doom and gloom wherever you want it to be. I am trying to warn people so they do not lose all their retirement and savings. Who would want to argue against that or be a naysayer against that sentiment!?!?

There are a million ways to say it, and I am right about it because society has found so many ways to say it. Better to have it and not need it than need it and not have it, be prepared, the early bird gets the worm, a bird in the hand is worth two in the bush, etc. These words are a survival guide if anything, and survival and hope are intertwined. However, you are more than welcome to imagine as much negativity as your mind can muster. I wish you good luck during this economic collapse.

by
| | Reply
Post ID: @8els+1iXvtDc8

It should be shocking that people quote the stock prices as a prediction of the company’s “demise”, but it isn’t. People obviously don’t understand how things work in a Bear Market. If the whole market is down, don’t expect the average corporation’s stock to soar. Well, energy companies are doing well, but that’s a while other story.

by
| | Reply
Post ID: @8ftr+1iXvtDc8

doom and gloom

by
| | Reply
Post ID: @8fcr+1iXvtDc8

Stock closed at $132 today. Just when you thought it couldn’t get worse. But you can take comfort that the rest of the market also tanked so we’re not alone.

by
| | Reply
Post ID: @7pha+1iXvtDc8

I always liked Jay personally when I have met him but it's pretty clear he's not cut out for the role. The EMT is failing, Sr leadership is failing, and the bad managers that have been in place for years make it even worse.

by
| | Reply
Post ID: @3qdh+1iXvtDc8

I've been here for many years. The plaice is a disaster. There is absolutely no accountability. Upper management is clueless to what is going on here. This place is a joke. Get out while you can. They don't care.

by
| | Reply
Post ID: @3xyg+1iXvtDc8

If y'all want to see more of our industry going through painful times, then look no further than this website.
ATT - https://www.thelayoff.com/t/1iXiQRCt
Dish - https://www.thelayoff.com/t/1iGsKe9f
T Mobile - https://www.thelayoff.com/t/1iUXOftJ
Verizon - https://www.thelayoff.com/t/1iXMmNbZ
Comcast - https://www.thelayoff.com/t/1iV5Q5SD

The beat down is real and it is just getting started. Some people will remain silent, but at least we can learn from our peers. Watch out for the shills in the comment sections trying to prop up false narratives and use ad hominem attacks to discredit people. We know what is really going on.

by
| | Reply
Post ID: @ylz+1iXvtDc8

I am not surprised to see the stock price tank. Beyond market conditions the company is lagging under very poor leadership. EMT is weak and have no idea how to move forward. Appointed a failed leader from failed Google Fiber as COO who in turn appoints a blow hard drama major as SVP for implementation. Company has lagged since his, and her, appointment. Tower under CP another joke. She’s just interested in her own advancement and really could care less about CCI. Don’t get me started on Jay. EMT and VPs have lost the plot. More layoffs coming as they try to cut their way to budgets and individual bonuses. Really sad to see the way things are playing out.

by
| | Reply
Post ID: @aig+1iXvtDc8

Your informed comments will sail right over everyone's head on this site.
You could argue that the US is in the least bad shape amongst the western countries.
But we have gangsters running things, though.
Ugly, dark days ahead are guaranteed.
Stockpile essentials.

by
| | Reply
Post ID: @jcx+1iXvtDc8

@zfz+1iXvtDc8 Solid refutation. Much smart.

by
| | Reply
Post ID: @vcl+1iXvtDc8

Ramblings of a mad man………..

by
| | Reply
Post ID: @zfz+1iXvtDc8

Post a reply

: