I can see why you didn't answer me or post anything since this hideous earnings report. Sorry I listened to the pumpers of this stock, as it only caused me to lose a ton of money. Down 7% on a huge miss. Barchart can take their 96% Buy rating and stuff it. The analysts were right - $18 price target is the highest. Buying it at $22 was the biggest mistake I could have made. The chart will surely change the rest of the week, and this will be below, not above all the SMA's 200, 100, & 50.
No wonder DOW sold ithis part of their business off to this stodgy, old, tired company who doesn't know up from down. BAAAH!!
I'm a new owner, and have seen conflicting information on OLN. There are no analysts listed in Tip Ranks (contains most of the major analysts that have a price target above $18. Barchart has a 96% Strong Buy.
On this board, I found a lot of negativity. Since you are Bullish on the stock, and seem to have considerable knowledge of the stock, could you please give me your basic analysis of the stock? I do not understand your statements re: a deal closing in Oct. or later, or the $9.00 v $22.00 two years out reference. Ditto for RAD mgmt. selling out to Boots.
It seems like a very old company, with a history of spin-offs, splits, reverse splits.
It is not comforting that they give no time for earnings. Even calling Investor Relations, I got the manager's assistant, and she said, "In the next hour or two" and that was prior to 4 pm EST. Then I called again about 5:20pm, and she tells me that they are finalizing figures (!), and earnings should be out in the next hour or so.
Here I sit at 5:33 EST, and NOTHING. None of this leaves me with any
Grow up, infant. You can't handle any disagreement with what you write. You're far worse than a jackaz$.
"We have nothing against you." Is that why you created this and numerous other threads saying, "Good riddance loser"??? And, laughing at me for buying at a high price and losing money? You're way out there, guy.
If so many overpaid, then why does this stock continue to rise, and is above 50,100, & 200 day SMA, and why do so many consider it a buy? This is a unique company, and it is involved in chemicals and more. This is the material sector, which has been a beaten-down sector, and is now going on an upswing.
I understand your anger, but I couldn't wish HIV on anyone. Prison bars and paying the shareholders for their losses is what I'd like to see. But it will never happen in this crooked market.
He and his whole cohorts are #$%$. They don't work for the shareholders; just for themselves and their stock options. And this is what it has led to. They don't want to buy any more than small percentages of companies or tiny acquistions, as it will reduce their cash cow in options. They should be prosecuted for flagrant disregard of fiduciary responsibility. But nothing ever happens in this crooked market, so-called "regulated" by the dirty SEC.
Wow, a 10% stake. I'm really impressed (NOT)! The foolish idiots should have acquired a WHOLE company with one or two blockbuster drugs, but is in great debt and ripe for the picking. But no brains GILD just sits there, only worried about collecting more stock options, and don't want to see that reduced by a smart acquisition.
No, spare me with your relentless poison and hatred. You are one of the biggest sickos I've ever encountered. Good riddance to YOU, psycho!
Cross your fingers, and hope you are right. But by the time the court makes final decisions is too far off (GILD even told me on the phone that it will drag on for a minimum of a year, if not more.
Merck's lawsuit has now become a drop of water in an ocean of a stock that has violently sold off at a huge percentage, when the miss didn't justify that severe a reaction. Nonetheless, that is how the market now views GILD. I don't remember a stock of this caliber getting this type of sell-offf, plunge in price, and 180 degree turn around in sentiment. That's what should scare you.
Your reasoning that if Q3 & Q4 revenues were lower than stated, then Q1 revenue was higher than stated is completely senseless. As far as what you should be doing on Monday, is waiting with baited breath to expect a further sell off on a stock that the market has so violently reacted to, breaking through multiple levels of support. That should scare you out of your mind.
You expect anyone with half a brain to believe this nonsense? Please, GILD is a mine field, and if their earnings and tremendous and immediate drop and sell off on huge volume doesn't penetrate your head, nothing will.
Lighten your position? What, so you can lose a considerable sum of money on a high number of shares? It isn't as simple as you make it seem, nor do you know the individual's particular circumstances.
But they WON'T do it. $10 would make shorts cover, and it would drive the stock price up, and then the screwed shareholders would have a chance to either stay in or cash out until what happens to GILD's price becomes clear. It would also throw a wrench in the sell-off , which is exactly what is needed.