CommScope Holding Company, Inc. COMM

$COMM. Glad I sold several weeks, but unfortunately bought back in with a smaller position thinking it might get a 5-10% bump. What a POS.

I sold 2 weeks ago, went and flipped a few to make some $, come back and as expected this thing is running sideways. I will be back in 2 weeks and it will still be here in the $17-18 range. Outside of acquisitions, this company hasn’t seen growth since before 2010 and still lose mkt share after the acquisition.

$COMM will go lower before it sees $20.

Sold this morning at hod to buy$OCGN when it dipped. CS is not going anywhere anytime soon. Why not make money elsewhere while this stupid mgmt team figures out what to do next.

There are much better investment opportunities out there. CS is only for the lazy who don’t keep up with what there money is doing on the daily. It will break $20 before year end, but those thinking $30 or even $40 are nuts. This company has to much work to do in cleaning up the current product line offering and reestablishing market share they’ve lost while focused on other things. Also, to many competitors in the market now offering the same thing at a cheaper price. Why pay the premium CS charges for a product that’s outdated before you install knowing you plan to update in 3-5 years.

This company sucks. The debt levels and related servicing cost is drowning them. Their only savior is Treadway selling the shit off.