CommScope Holding Company, Inc. COMM

Rumor has it leaking out of CS is the reason HN didn’t spin-off is they finally found a buyer, plus possibly Carlyle taking private. Time will tell, but if the price drops more, I’m scaling in since it appears we are finally reaching the bottom.

People are delusional if they think this is going back to $20+ anytime soon. It will have the occasional spike but plan to see it float in the current range until they prove they have things under control.

With significant operations based in China and India, how long before it impacts CommScope more since they are aiding Russia in circumventing the “sanctions”.

https://www.livemint.com/politics/policy/russia-india-explore-opening-alternative-payment-channels-amid-sanctions-11647371750761.html

Unless a saving PR occurs, this is going back to $8 maybe lower to $7 range.

At the end of the day, they are still sitting on $9.5B in debt, more then revenues, and any debt refi is going to result in higher rates. They are fked.

Interesting how even the institutions are now seeing what crap this is and selling off positions held for a long time.

This will probably bump up into ER and then hold a few days and then slowly leak back down as reality sets in.

No company will step in and buy Commscope because the debt poison pill. No company wants to take that on or be saddled with the cost of trying to parcel it up to sell it off.

There only hope is a PE does it and spins the pieces back off.

$COMM take your losses and come to $BCTX and $SEAH to make you money back. SP approx the same, or keep holding your nuts with $COMM crying the blues.

????. <$9 coming soon, then $8 to the bag holders of this POS. Your only hope is the buyout when Carlyle takes them private again is enough to recovery your loses. This mgmt team is for ?.