From what I'm reading it's like giving "un Cazzo in bocca" at all the US lawyers within the law suit :-o
another short in action they all come out out of the wooooooooodwork LOL
dr.pumpandump Member since: Feb 5, 2015
Monday 01/26/2015 11:57 AM ET - Dow Jones News
11:56 EST - With 70% of its earnings from North America and financial reporting done in euros, a strong dollar for Fiat Chrysler (FCAU) "adds significant transaction and translation tailwinds not baked into consensus numbers," says Morgan Stanley. While most US earnings may not be repatriated, the greenback's impact on FCAU profitability is still "very large and likely underappreciated." The investment bank believes the currency story, alongside an urgent management team aiming to rationalize costs and pursue unexploited market opportunities, will lead FCAU to outperform GM and Ford (F) in 2015. Shares climb 4.6% today to $13.49, putting the month's jump at 16%. GM and F are down some 3% for January.
If you have played the markets for the last 37 years as I did ....you'll know that this stock is on the way to break the all time high of $120. The DOW will be over 18000 soon again unless we have a major geopolitical disaster.
I'm glad that the market is washing out few speculators.......
come back by the end of January when YHOO is at $55.00 then tell me all about it...bozo!
Sentiment: Strong Buy
@bee_plus_001 If I were to use the outstanding shares as of May 17, 2012 YAHOO had 1.223B Shares outstanding, 3 months ago there were 947.35m outstanding shares is it better for you?
A year ago YAHOO had i Billion shares on the float side, now it has only 873.44M This is from the last September 2014 report, I bet YAHOO bought at least another 50 million shares in the last 3 months.
FCAU will be $20 plus by end of the first quarter 2015....Fiat, Chrysler, Jeep, Ferrari Maserati, Alfa Romeo etc... are worth much more than the lousy $14 billion that the market has giving at todays price. Analyst valued Ferrari only at 10b how the heck the rest is only worth 4 billions? Are you kidding me!
Sentiment: Strong Buy
the shares that FIAT is selling are shares from the ex FIAT owners that didn't want to wait for the merger.
FIAT paid $10.50 per shares...now those same shares are sold at $11.00 EACH, FIAT is already making a profit OF $.50- By January 2015 FCAU will be much higher than $13.00
The amateur will sell because they are too lazy to read without do their own due diligence to invest.