Thread regarding Verizon Communications Inc. layoffs

The 7% Disollution

Layoffs are likely to continue because it seems clear that Wall Street no longer believes Hans the flim-flam man and his 5G money hole. If there was any serious belief in the leadership of this company then the traders would have bought up the stock. But because they are allowing the yield to creep above 7% it would appear that there is little belief from the street that the company faces another turbulent year. Particularly since 'the adult in the room', Matt Ellis was just squeezed out.

Get those resumes ready!

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Post ID: @OP+1mKsMNsc

7 replies (most recent on top)

Hans has no worries. He and the board set himself up with a golden parachute deal, no matter what. Plus he's on the board at ыасжгосж...and the 5G is nothing more than 1. Part of Agenda 2030 and 2. Likely paybacks to Erics son for keeping him out of the spotlight for his corruption /bribery deals during his leadership there. Those deals that have had them in trouble since 2019 with the DOJ/SEC. With the latest findings involving deals made with _SI_.

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Post ID: @2csm+1mKsMNsc

36 hours until the hammers show up for the nails.

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Post ID: @feh+1mKsMNsc

Then you have Hans giving a speech to a college at graduation this weekend. What’s he telling them, how to drive a company into the ground?? He track record is horrible here and at Ericsson. I don’t get it. But he’s gonna get 40 million to leave and 99.9% of us will get nada. Flame this guy on instagram on that speaking at a college post. He’s a a-s clown

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Post ID: @lio+1mKsMNsc

My gut says that yield is going to keep on going higher.

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Post ID: @wyq+1mKsMNsc

The street doubts the growth. When money market funds are paying close to 5%, the market doesn’t feel a 2% premium justifies the risk of a stock especially when a bonds are yielding closer to 7%.

When interests rates fall, the yield will become attractive again though that won’t happen until 2024 q1.

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Post ID: @jzd+1mKsMNsc

Why buy Verizon with all that downside risk when you can buy bonds at 5%

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Post ID: @qyi+1mKsMNsc

I've been expecting at this price there would be more takers for the dividend yield . But it hasn't. In fact, stock has gone lower. Good observation OP you read my mind. This stock was near $60 when RSUs were granted. Look how much we've lost in compensation.

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Post ID: @htw+1mKsMNsc

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