Mon, Sep 15, 2014, 9:32 PM EDT - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

Itron, Inc. Message Board

  • zinskystill zinskystill Dec 2, 2010 11:05 AM Flag

    Should have known yesterday

    Talk about insider info. GS downgrades today but the price was going down yesterday in heavier than usuall volume. Someone knew!!!

    Price will drop another 5-10% before te earning.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • GS should be reported to the SEC - someone knew yesterday they were coming out with a sell rec today - there should be an investigation what their position was in the stock - there is supposed to be a Chinese wall between the analyst and the trading desk.

    • Someone knew!!!

      Of course someone, more than one, knew. Yesterday's performance was a clue. The real question is: In view of no negative news or impending problems, what does Goldman know to lead them to a "sell" rating?

      • 1 Reply to lord9090
      • THE ANALYSIS: Wienkes wrote that Itron is well-positioned to cash in on that market, but sees a slowing in new contract awards in the near term. That means Itron will need to see significantly higher bookings next year to sustain results in 2012.

        "We see a slowdown in 2010-2011 awards setting a high bar for Itron to repeat what should be a record 2011 again in 2012 or 2013," Wienkes wrote.

        He anticipates that the lower contract volume will lead 2012 earnings per share to fall 24 percent to $3.25.

 
ITRI
40.81-0.47(-1.14%)Sep 15 3:59 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Avanir Pharmaceuticals, Inc.
NasdaqGSMon, Sep 15, 2014 4:00 PM EDT
Netflix, Inc.
NasdaqGSMon, Sep 15, 2014 4:00 PM EDT