I expected a loss, and factoring layoff costs, 1b. They have exceeded my expectations by far. They just lost all the money they made for last 10 years.
All these losses companies are making (kq, total, kk, marshals, cmc...), and the counters are still bullish, what is it am missing? How long will these struggling companies take.to reverse the losses?
A bad day fishing is better than a good day at work