IB Net Payout Yields Model

Frontier: Reverse Split Fears Overblown

Frontier Communications completed a reverse split on Monday.
The stock has been absolutely beat up due to this move and a dividend cut.
The market needs to focus back on cash flows.
Back in May, my thought was that Frontier Communications (FTR) was attractively priced below $1.50. My major concern in owning the telecom stock was a lingering shakeout from the dividend cut and reverse split that has the stock hitting new lows now.
Read the full article on Seeking Alpha. 

Disclosure: Long CTL. Please review the disclaimer page for more details. 


Comments

This is just a bit of empty space, filled with a link and some text. No attempt has been made to make the post seem more engaging and nice. Instead, it seems more like the fulfillment of a formality.

Popular posts from this blog

Aurora Cannabis: Deal Or No Deal

C3.ai: Out Of Steam (Rating Downgrade)

Archer Aviation: Promising Developments