Well, it looks like it went as low as $672 and now back up. I think tomorrow is going to be a down day and then Friday will be an up day, but we are going to close under $700 most likely.
They already received ultimatum from Obama on his last trip there to make sure they "stay."
Do you suppose they are going to revise their estimates and it will be a beat and races to $900? With the last two day drops, I think it will go down to as low as $680 possibly, then again when I looked at the chart for the past 5 years, this week had been a down week and then it goes up the last two weeks of June. Will see if it follows the same pattern or not next week.
Could you elaborate where that "cost" saving is going to come from to offset the price drop and maintain the profit margin!
Sentiment: Strong Sell