Only took 2 days to reach bear pullback. From 9.27 to 7.87 (more than 15%) in less than 2 days. Regardless of how much this CEO may have made you and me in the past, he is not getting it done right now.
Quite often you see stops taken out just before a big move up. MMs getting cheap shares to resell higher. Wish I had a bid in for those cheap shares
Why are they announcing the earnings date and CC so far in advance. 6+ weeks. I know they want to prove themselves worthy again, but this seems extraoridinarily far in advance.
Once the warrants pass the record date, you own them and they are NO LONGER tied to any stock. These warrants become a separate line item on your brokerage statement. They have a different cusip number (when tradable). They are not affected by anything you do with the stock since the warrants have been issued.
So you can short all you want and ignore the warrants.
At the rate the regionals are moving, it could happen this year. Looking at the monthly chart, the dropoff during the 2008 crisis was straight down. When RF begins to retake that ground and close those gaps, it will move up very fast.
backlog up 90% and new land purchases. these are two big items to watch. they both indicate future earnings capacity, backlog = near term...land purchases = long term
I have ScotTrade and my new shares just appeared. no restrictions on buying/selling these shares.
Yeah, low 7s. Me 2. But since that's not going to happen, I bought more at 7.95 this morning. GLTY