Deutsche Bank this year has dropped from $35 to $12.55 as of today and plenty of folks say it HAS NOT FOUND a bottom. It has been called the worst stock in the world to buy, so it is understandable that people on that payroll are going through miserable times and need company so they are making absurd ratings calls. Perhaps the decline recently will open up a buying opportunity for smart investors. Is Deutsche the next Lehman Brothers? I don't know but when shares are falling faster than a cement cloud, look out below. Make sure you're not standing under the cloud.
Out of 16 analysts who follow Sunoco LP, four say it is a STRONG BUY, six say it is a BUY, five say it is a HOLD and one believes it is an under perform. Ask yourself one question. Is it possible that one analysts knows more than all the others combined? My best judgment is: Highly unlikely. I'm in the BUY to STRONG BUY category.
This is an area that the Securities and Exchange Commission is responsible for watching. But despite the billions they spend, they always claim that they don't have the staff to watch all the crooked operations and their lawyers rarely bring anyone to court. Remember Bernie Madoff? Despite informers with documentation , they ignored that situation and it costs some investors a great deal of money. In order to get appointed to head the SEC, you have to have a lot of backing by the financial community. If a true watchdog ever gets that job, he gets kicked out fairly quickly.
Suspect good many investors will use this pullback to add to shares or take advantage of good entry price. Dividend and earnings look solid with gasoline consumption set to climb to record this Summer, according to the U.S Energy Information Administration. Oil price $51 plus today.
Former DOJ criminal justice lawyer says the government would have to prove that the former Secretary of State had some "criminal intent" in handling Emails as she did. He said there is no evidence or way to prove that. Case dismissed.
If one does not understand the correct usage of intellect versus intellectual one should not get into a discussion on the matter being discussed here. One will have a hard time convincing others if they show such ignorance as demonstrated.
Looks like some of the large holders are throwing in the towel. With market moving closer to new highs, not a good place to be in a big selloff. Those who have gone through a bear market know what to expect. Folks with big profit may also be taking some off the table. With all the lawsuits, taking too long to close this deal and a bear market is not the place to add 20 billion in new debt.
Couple of million shares bought past two days.at $47 and above. Now as the $4.8 million shorts cover we can see the shares return to their true value. This is one of the cheapest growth companies currently trading.
EPS is a healthy 10x and dividend looks safe. Over half of S&P firms reporting declines in sales by comparison. GEO shareholders have enjoyed three stock splits in 20 years. (total of 6 for 1) Guess why over 90 per cent of the shares are held by institutions. Long-term holders, enjoy your dividend in this age when it is HARD to find reliable, conservative places to put funds.
Williams needs to hire three or four more law firms. Only three suits over one merger. They've got to make this into a Texas-sized litigation. Someone call Jones-Day in Dallas fast. Lots of legal work to be done.