Looking at their financials how do they make money? Is it through financing? It is not like people are flocking to CONN's. I did by a TV there and the store looked very old school. For me the numbers just don't add up.
There are many who trade via the charts and this has the advantage of accounting for everything unknown but in the long term fundamental values will prevail. That is one reason Warren Buffett has been so successful.
I predict a drop below 70. The sales will not be booked until later. If it does go up I will look elsewhere to invest as there are better values. I don;t have to buy RDS.
Icahn is only interested in a short term boost of the stock and then he will exit with his profit and move on to another stock.
Seems like everytime there is bad news Shell announces it is buying back shares. Seems like a PR move. I wonder what the minimum number of shares they can buy to make the announcement? I am still sticking by my low 60's
I would have guess that the stock would be an obvious short. But once again the market befuddles. Motely Fool article say the market looks forward. I think this is wrong since the actually earnings have not been announced.
I think once the real numbers come it the stock should take a hit. I too am shocked that it actually has gone up.
I am thinking low 60's and even high fifties. The earnings are terrible. I am wondering if the stock buybacks are the only thing keeping it from cratering.