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American Express Company Message Board

  • kurlabr kurlabr Dec 20, 2010 12:51 PM Flag

    GET Long! Bologna theory by Analyst downgrade

    AXP is down today because an analyst is predicting what teh govt is gonna do in the years to come. This is so ridiculous I cannot believe teh stock is down even $1 on a market up day. Even if the bologna the analyst was talking about happened, it would crush MA, V, and DFS just as much if not more. The stock market is so driven by day traders. That is the ONLY reason AXP is down at all today. Watch for a super strong squeeze on the upside today at some point becasue a large cap like AXP that is making lots of money cannot be driven down this far by no news!!!!!!! I hope this helps!

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AXP
80.11-0.08(-0.10%)May 27 4:00 PMEDT