CCOI Cogent Communications Holdings Inc

$CCOI got to $10.20 just last week before the $T , etc fears around $SPCX takeover of the entire cell industry knocked things back… should be able to quickly regain that level?

$CCOI Today they have hired a law firm to find loopholes in the covenants on the 2027 notes given they are unsecured and I believe the primary strategy is to force a debt exchange albeit at a higher yield than the original 8.8% anticipated. As they get closer to the refi, which is June 2027, the company has to disclose they are a going concern under the accounting rules and in tandem Moodys and now downgraded the debt to Caa so they are now left with a handful of refi options. A good recent example of this strategy was with $FOSL (Fossil Group Inc.) as their refinanced their baby bonds through a debt exchange which was a very strong catalyst and helped the equity on its 1,000% recovery off its lows.

$CCOI Alright, here's the plan...CCOI is going to drop to $3. I'm going to put every dime into it, then Cogent is going to sell it's 14 data centers for $200M, sell its IPv4 assets for $1.2 billion, buy back 50% of its stock and all of its notes and then, next year, start paying a $6 annual dividend. Who's with me??

$CCOI $AAPL and $META pushing AI to local hardware (like Mac Studios running Llama) directly validates Schaeffer’s macro thesis: 1. Data center power limits are real 2. Cloud inference rents don't scale 3. Compute inevitably decentralizes to the edge As AI shifts from cloud streaming to heavy model syncing, low-cost, high-capacity carriers like $CCOI are built and positioned to handle the transport load. Centralized cloud was a bridge. Edge compute is the destination. Here’s to next week $CCOI holders 🍻

$CCOI Well, Dave says he is comfortable and lots offers to refi...take that for what its worth. $100M more in data center sales coming, they have some cash...i bought more

$CCOI This clown like lied you you. Here is some truth “Cogent Communications hired Evercore to salvage its failing debt restructuring efforts and avoid default. The company's prior attempt to manage its upcoming maturities on its own failed to gain traction, forcing management to bring in elite investment banking specialists to negotiate with increasingly anxious creditors.” Be weary of these silly pumpers on ST that see volatility spikes and claim silly things like X-price achieved, back to $20.. This bad situation is being exasperated by rising yields which couldn’t have happened at a worse time for Cogent. If you are a shareholder you should be pushing to fire corrupt Schaefer and his clueless and maybe equally corrupt board. It’s been quite the ride down and happy to see it! CCOI has been a blight on the industry for years. They should go bankrupt

$CCOI I'm trying to think through what happened with Cogent buying back $150M worth of the 2032 notes at a 10% discount last quarter...and those notes ended up trading at a 30% discount shortly after. Ostensibly, Cogent overpaid by $25M . Either the CEO's judgement is off or the entire market's judgement is off. I was in CCOI years ago and sold at around $50 because the price seemed like it was getting lofty. In those years, I've always known Dave Schaeffer to transparent while making good business-based decisions. I want to side with him, but I'm seeing more and more evidence that he seems to be making less-than-optimal decisions lately..

$CCOI tell us more.. you were almost right but Instead of going to 100 it fell 70% to under 5 🤣🤣🤣🤣

$CCOI Dave always loved being a 10 percent owner. He does know some wealthy folks, and he may get that loan which enables it again

$CCOI The stock just hit $3.70, now within $0.31 of the all time low set in 2008. Although Cogent has a lot more debt now.

$CCOI the CEO basically indicated yesterday that cogent expects to pay double digit interest on the REFI and its probably something 12% or above Fire the CEO and BOD that enabled him. A reorg is probably in the cards to salvage anything that this incompetent management team hasn’t already destroyed

$CCOI the road map seems obvious to me - this walter guy is a nutjob PoS seems like he can barely read: "Walter Piecyk: Because last quarter, you did mention, I forget who asked earlier about what you were anticipating in terms of a rate. I think you demurred on that, and I respect if you want to continue to demur, but last quarter, you did say that you thought maybe you would stick with single digits..." So secured w some warrants, maybe only for a slice

$CCOI rough day to suspend dividend & release results but that conference call obviously gave no confidence this thing will survive

$CCOI love to see the Board step in with some insider Buys. Especially those that have been there a LONG time

$CCOI pretty interesting that the Debt markets are still pricing this near par. May find a base near $5, as it’s basically a call option

$CCOI My guess is they do a debt deal w detachable warrants...9% coupon or so and call it a day...not that complicated

$CCOI Q3 '26 Earnings Results & Recap • Reported GAAP EPS of -$0.62 up 28.74% YoY • Reported revenue of $231.2M down -4.44% YoY

Moody’s Ratings downgraded Cogent Communications’ corporate family rating by three notches, from B2 to Caa2, citing deteriorating liquidity and rising refinancing risks ahead of a major June 2027 debt maturity. The agency also lowered its speculative-grade liquidity score to SGL-4 and assigned a negative outlook, warning that delayed refinancing efforts amid tighter credit conditions have increased financial and governance concerns. Cogent’s debt-to-EBITDA ratio stood at approximately 10x for the 12 months ended June 30, although pro forma leverage falls to around 6.7x after accounting for debt repurchases funded by recent data-center asset sales and contractual payments from T-Mobile. Cash flow remains under pressure from elevated capital spending, rising equipment costs, long supplier lead times and weak corporate office demand. $CCOI

$CCOI beat down, $29 intrinsic value $CCOI Cogent Communications operates a global internet backbone, providing high- speed internet, IP transit, and network connectivity to businesses and other carriers. The bullish recovery case centers on improving network revenue, growing internet traffic, expanding margins, and reducing its heavy debt load. In Q2 2026, adjusted EBITDA rose 1.3% sequentially, on-net revenue grew 6.2% year over year, and network traffic increased 16% year over year. If revenue stabilizes, profitability improves, and debt refinancing concerns ease, investor sentiment could turn and drive a meaningful recovery toward $29. A beaten down telecom infrastructure play with improving operating metrics and significant recovery potential.

$CCOI is taking a beating, down nearly 19% in just five days Today's drop is around 9.6% Looks like traders are reacting more to sentiment than any real news Just a law-firm investigation headline and an earnings PR out there Options flow shows all call buying with about 1,400 Jan 2027 OTM calls snapped up But this feels like speculative bottom fishing, not a real reversal Volume at the $12.5 strike is up The small size and high IV near 100% suggest a low-confidence play With this kind of volatility, expect more swings Defined risk structures might be the safer bet for now