Thread regarding Altice USA (Cablevision) layoffs

Stock dipped below $3 today

Woah, these guys are going to be forced to either go private, bankrupt or sell very soon. This dog has FLEAS!

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Post ID: @OP+1lNIARcL

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They will continue to exercise the only play they know and that being a short term play of shedding employees at the cost of their customers and the company. They are well beyond what any short term fix can do and they can’t sell because they are so heavily leveraged. So taking the company private may give them some breathing room but I honestly don’t see a way out for Altice at this point. Ignorance and arrogance will do them in.

Post ID: @3sqb+1lNIARcL

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