This stock has too many issues, and the valuation of it confuses Wall Street. Fast Money just advised no one knows where this is headed. Buy it up in AH, and then where will it be by the end of the week? It's basically fallen a lot, and there have been definite reasons for it, so don't feel overly confident based on Cohen's stake. Such funds are wrong on a daily basis with stocks.
Do you call this a gap up move? Take a look at it closing at 89.43, and then down to near 89 in AH. So much for your technical chart reading.
Oh, really? And where has the share price been going? Ever hear of a downward ski slope pattern? It merely uses its profits to add more stock options, as it is run for its big boys, not the shareholders in any sense of the word.
Thanks for your taking the time to write this. I'm so fed up with this lousy company, I don't know if it is even wise to get back in if it falls. It may just continue to fall again. We'll see.
The News? On Oki smartphones using Gorilla Glass? I doubt it means squat. I've watched this stock have multiple days of news of new this, new that, new associations; and, each and every time, it has done NOTHING to move the stock. To the contrary, most of those days, the stock moved down.
I've lost a literal fortune by selling this worthless stock at the worst possible day possible; when it was down in the 15's earlier this week. Why? Because all technical and simply daily tape indications were for this to continue to drop, and I was running out of ways to try to start recouping small parts of my huge losses. But, no, this worthless cr-p all of a sudden rises 1.50 above what I sold it for.
Perhaps I'd be better off buying stocks worth buying, that go up. Look at the action on Facebook, Nflx and many other in many sectors.
Your idea of what, if anything, is happening here.
Think again. It just was GLW's luck that this was last day to buy to get the dividend, and there was a unprecedented, humongous up day. Don't be so sure that tomorrow or the next day, you'll have lost more (if you bought today) , then you'll make on a .12 dividend.
No. For the piddly dividend, the increase in this ever-declining stock today, will disappear tomorrow, and it will be back in the mid or low $15's. You should know that much, and you should know what a dog this stock is/has/willl be.
Wow! What a great increase to look forward to from this shady company
Who votes it down here? The worthless pumpers who do so every day of the year. They are the liars of the board, and want everyone else to lose. I wonder how many of them are shorts masquerading as longs?
Simply to try to bring the stock down. It's totally out of control. These are paid pumpers working for PennyStock's attempts to trash stocks they want trashed. Those should be stopped by these moderators, but is not.
The problem is that everyone is too complacent and lazy, and by being so, allow this stock's value to continue downhill. And that's pathetic.
Mullam, there does seem to be a bunch of sick puppies here who worship anything Corning does. Or is it that they are afraid the truth will cause their stock to drop more? Which is ridiculous on a message board, which has close to zero effect on the stock.
I found just the opposite on a Google search: When oil price drops what does it do to electric utilities. A Forbes article indicates that falling oil prices should result in falling utility prices.
SO has been nothing but a thorn in my side. I finally sold it, planning to buy it back when it dropped as it did every day, week after week. But, with my luck, it immediately turned around and started to go up, and continues to do so. What gives here?
To steal all the shareholders money through the stock option money machine he set up. And to keep the status quo on how to run a company that develops new technologies all the time, yet continue to go down. It smells of a setup that reeks with stench everywhere.