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The Hain Celestial Group, Inc. Message Board

  • funy1x funy1x Aug 24, 2012 3:38 PM Flag

    They walked this stock up and they will walk it down

    On Wed after hours when earnings were announced, the stock did not gap up $6+ but was walked up the 6 dollars slowly. The next morning it is walked up again.

    If the earnings were that great, the 25% up move would have been mostly immediate gap up then walked up short covering.

    The fact that most of the move was a walk up/short covering and then pile on Cramer pump only means this is going to be walked down again before it finds a reasonable base of real support at a level not much more than the walk up 2 days ago.

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    • "If the earnings were that great, the 25% up move would have been mostly immediate gap up..."
      Sure looks like HAIN "gapped up" at the open to me.

      http://finance.yahoo.com/q/ta?s=HAIN+Basic+Tech.+Analysis&t=5d

      "...before it finds a reasonable base of real support at a level not much more than the walk up 2 days ago."

      So you're inferring that the market anticipated all of the good news (earnings, guidance, divestures, acquisition) and this was already priced into the share price and therefore HAIN should be priced near where it was BEFORE all was announced?
      I disagree; different opinions are what make a market!

 
HAIN
96.51+9.58(+11.02%)Aug 20 4:00 PMEDT

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