Two gap down days, and the price is approaching a key SAR area... if it breaks and CLOSES below, say, $148 - $147.... look out below. Maybe not tomorrow, but soon... Take a look at a monthly chart and spot the trend channel.
So EL sold 3.8 million shares for around $ 600 million and is left with 88,000 shares. This could prove to be interesting when the dam breaks. Oh, I forgot, with car sales down, everyone is flocking to auto parts stores to buy parts to fix-up their clunkers. Silly, me. And, how much did he pay for those shares, again? Is the SEC beginning to look into some of games that have been played in recent years, or did I get that wrong?