Charter Financials

July 31, 2021 Charter Stock was trading at $814.20. Today it's $151. Down a whopping 81%.

S&P 500, meanwhile, is up 71% cumulatively over the last 5 years.

After the Cox acquisition, Charter has $110 BILLION in net debt.

While you can say every MSO has video losses, Charter also had a net loss of 172,000 data customers last quarter. That declining customer base compounds the massive debt issue, with annual interest payments around $5.5 billion.

Saw an announcement today that Cox's Marketing and Public Affairs teams were let go. You can guess the trends on what is ahead.

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u/Competitive-Day-1754 — 1 month ago

RIP Billy Ray

News broke yesterday about Billy Ray's passing. Beloved Bolts LB and longtime local sports media personality in San Diego. Classy, classy gentleman. Heartbreaking news for the Bolts family.

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u/Competitive-Day-1754 — 3 months ago

Apartment Bldg Refi in Cleveland

I'm an MLO, and our company has access to several dozen lenders, but unfortunately, only one that handles commercial loans for more than 10 units in an apartment building. I have an opportunity to refi a couple of apartment buildings in Cleveland, OH. The only lender we work with is quoting a 9.41% rate, and they know it's high for a client with 50% LTV, a high occupancy rate, good credit scores, etc. Thinking about approaching a commercial lender to see if they are willing to partner and collaborate as third-party originators, as this is a significant commission opportunity and would open up a great sales channel.

Appreciate any tips and guidance anyone has. Thank you.

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u/Competitive-Day-1754 — 3 months ago
▲ 90 r/Padres

El Capitan

Lot of heat on Manny all season, deservingly. However the man leads the Padres as of today in HR, RBI, BB and Runs. Second in TB and 2B. Rooting for Manny. LFG Padres!

u/Competitive-Day-1754 — 4 months ago

Spectrum 😡

Our Internet and TV services have been in a outage this morning for 6 hours. If you call, their IVR tells you that you are in an outage and hangs up on you. Meanwhile, every two hours their text messages tell you FALSELY that the outage has been cleared. Simple notification system run by idiots and liars.

Their stock has been going straight down for 4 years running. Easy to see why. We will be dumping them as well.

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u/Competitive-Day-1754 — 5 months ago
▲ 138 r/Chargers

McDaniel return path to HC

Interesting article. I'd think the Chargers position sets up McDaniel perfectly for a return to HC role. Harbaugh's leadership, experience and management style are not just very different but have the ability to develop where McDaniels is weak (strong X's/O's but weak leadership).

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u/Competitive-Day-1754 — 5 months ago
▲ 20 r/verizon

HORRIBLE Customer Service

WTF has happened at Verizon? Been with them for 16 yrs with 5 family lines. Today, called their customer service and they could not find my phone number online or associated to verify me. Three different agents who strictly stick to scripts and lack common sense and ultimately, poor English skills. The transactions that I have called about for the last 6 years, international travel, took 3 hours today. I will dump Verizon upon return from international travel.

reddit.com
u/Competitive-Day-1754 — 5 months ago