They are better by two cents and down big why?
I will tell you why. Big money wants in on WM at these levels and as usual they will find a way squeeze in at the best price possible. This stock is going up, count on it.
there was a downgrade coming. Just saw it today... I guess their clients it the sale button before the news hit the wire.Today, October 28, 201119:18 AM ET Waste Management Cut To Equalweight From Overweight By First Analysis >WMDow Jones Never heard of "First Analysis" until today after Goggled them: www.firstanalysis.com/index.asp?PID=17
Very puzzeling. I would buy more but already own a full position and have other stocks to add too.I love the dividend and I like what they are doing. As they continue to mine more value out of refuse, the stock will ultimately go higher.
Analysts, on average, expected a profit of 61 cents per share. So yes they beat but expectations were higher.
Still don't get it though. Even my PG went up. I was thinking of buying more last week & still might tomorrow, but wonder what I'm missing.
I agree, it's odd. This was my only loser today and I'm guessing some sort of manipulation as I see NOTHING to worry about in the charts. Not fooling me... especially with that 4%.
a 4% dividend. They want you to sell your shares so they can buy a million shares at 30.