More layoffs still to come. Q is sitting on massive cash stock pile, they had zero financial need to do layoff's, it was just straight greed. The stock could hit 100 and still they would trim. The reality is "we're at a pivot point", which will not be good news for the vast percentage of employees. Q will give up on entire markets, harden their patent position, and look to external acquisition for future business growth.
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bitterlandlord, your point about short sellers would be stronger if Q hadn't tanked since $80+,
They layoff was very necessary, the 1% is hurting really bad holding on to Q stock now. You have to start looking at the life from the owners perspective, not from the servants one.
And here comes the doomsayer shortsellers.... Where's housing dr. doomsayer saying property values are going to fall 50%+? Lol. Keep renting and dreaming.
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60 today, moon tomorrow?