cramer is one of the problems with the market .. some people actually listen to the jerk .
on june 22-24 there were near 1/2 million shares aquired by option agreements - most at the price of 7.71 ... 10 buys by insiders in the mo. of june with NO sells . usually in a situation where there may be some expiration date and the insiders wants the $ , they usually immediately sell after receiving the shares . now a week later , nobody did that .
this is really absurd .. broke serious support at a head and shoulders neckline . didnt even try and stop there and down on every trade as the market marches higher .. I would now think the shorts will be successful and go fill the gap down to 5.50 .. If the story is true , then good luck recovering all this high volume sell off now that many of us are losing
is the a..ss. who wrote this story on 6/30 about them losing their biggest contract really on to something or is he just pulling a scam to boost his short position .. this co. has a 9 positive and zero negative fundmental score . if its a scam he did a great job for himself and if its not true he should be arrested .
its more than big guys .. today , it cant even go positive with the market up huge .. really pathetic .. a better than expected earnings report will put a stop to this IF its better than expected .. meeting expectations wont help without positive guidance .. co. usually beats its estimates .. do it again .
the price just broke below the short term moving aver. this confirms the sell signal given by the mach 10 days ago and the sto sell signal which came last week . the sto and the macd are entering into oversold territory .. they probably will go further making 20 a big possibility which is where there is giant support .. if the price gets anywhere near there , I would expect these indicators to reverse to the upside but then there would be resistance back at the moving aver. line .. The best remedy would be for the overall market to get its act back together .
the last thing this stock is doing today is acting like its going to be taken over . down on a market up day . the sto just gave a sell signal .. to avoid that confirmation , it needs to stay above the short term moving aver. which its getting very close to .
I question that downgrade . The co. has 8 positive and 1 negative fundamental score , the negative being the PE . and where do you find a co. that has 9 to 1 assets over liabilities .. 2-1 is considered good .. Ive been waiting for a better price and now that its broken the short term MA and has given a couple sell signals , 6.50 could be an attractive target .
Im also curious if the target price here is going to be the high made 4 yrs. ago around 6.50 . why would they manufacture this run up just so we - me also who has been here too long - be able to get out .. nobody does us any favors .. I am curious about the many insider buys that have been made making me think something else may be up and perhaps global does want it all .. the fundamentals of this co. are pretty sound . or could this move be a prediction of the chance that the co. is going to finally start making $$$ ?
Ive been watching this stock for a couple months .. was certainly overbought and now Its looking more like a much better entry point .. but .. I see there is a gap down around 6.50 .. now that its broken the short term moving aver.today , its possible that area could get filled depending on what the overall market does for the next month .
exactly true . Ive been thinking this for awhile .It does make sense . Staples and OD are about the only chain stores that do office supplies where there are several other drug stores that will still be in existence after the rite aid merger .