And people are talking about selling our loss leading assets for $15
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I would happily write that put. You think in 9 days it’s going to 155.
Yeah it has nothing to do with speculation of a huge rate cut, which has been the primary driver of our stock movement in general through this. 🤦♂️
To the “it’s an AI article, option IV means nothing guy”, interesting that we hit a 52 week high yesterday, almost like the increased IV on the high dollar puts meant that they’d be going down in value, which is why there’s no buying volume on them
Just say you don't understand the business model.
I’m excited bc I will watch from a far as CCI crumbles and no one can blame fiber anymore.
I can't wait for these people to be gone
Im excited for a sale. Get us out of here and maybe see some new competent leadership …
All these fiber companies just get bought by each other. I bet Lightpath buys us since it’s basically the old light tower. I bet 5 yrs from now crown will be buying a fiber company.
Doesn’t anyone remember that Verizon sold its network that became Frontier now only to buy it back? So weird that corporations can get away with this BS.
@1zvh+1um1q2MW lol I really hope you don’t work in our finance dept. Way to believe a AI article. Yes of course 155 put option is going to have a high IV since it be a 30% jump in two weeks. If you look at the IV of every OTM its all high IV. There is also 1 open contract there probably your du----s. Also if the news is bullish as you say the person wouldn't buy a OTM put. They would lose money they would OTM calls.
The EMT is like a used car salesman trying to sell the lemon in the lot. What will it take for me to put you in this fiber business today? She's got some miles on her but she's a runner! Call BR 5-49 today!
@1rxf+1um1q2MW notice how I said options, not the stock’s IV
https://finance.yahoo.com/news/options-market-predicting-spike-crown-124600711.html
@1urw+1um1q2MW IV is 25-28% which is almost the same as the S&p and consistent with the last year. No one is betting on crowns sale. Good one though.
Based on the increased implied volatility of options, seems like the sale announcement is being expected in the near future, with a good spike likely meaning a price that many doomers think isn’t possible
Lightower wasn't a failure, ask it's investors who sold it to Crown for 7B. I'm sure the Irish man and his cronies are enjoying their multi millions. To bad the Crown folks couldn't keep the scam going.
We bought lightfailure for $12billion? Or $7 billion?
I heard $23 billion too. I must’ve been peeing when the person was pooing. the person is wrong SM did wash his hands but he dried them on his pants.
You do realize how different Crown’s fiber business and Frontier Communications is, right? Please tell me you do. The only person who said $15B was that guy who tried to bully his way into a job for himself and his son-in-law, that was likely never a realistic number.
Lol
I heard we got $23 billion. I was po----g and heard SM on the phone. He didn’t wash his hands either
Jesus, Crown is begging people to buy our fiber and even those who are looking to expand don’t want it… another fail for the Crown EMT…