No, you aren't working with a complete understanding of the situation. The current P/E reflects the $1.64B breakup fee paid to Shire. If you look at key statistics, you'll see that the forward P/E, which will not be affected by that fee, is only 13.6, very reasonable. The next increase will come 1 year after the last one. Are you holding a short position?
Sadly, no, that won't happen. Those posts are robotic, doesn't matter what the stock is doing, just get the spam on the boards. This board is far from the worst. If you want to see how bad boards can get, between spam, politics and religion, visit GE or XOM. Seldom see even a single relevant post. There's probably a reason why Yahoo has no competition in the stock market message board service.
That's okay, taking a break, several good days in a row, RF deserves a rest. Just hope we can hold above $10 for a while, gather support for a push sometime in the fall.
Do you guys still read his posts? Whatever he said, I think it was directed at my post, not Ochs. I have him on IGNORE and haven't read any of his posts for months. I can just barely see his name - all faded - with the note "Post hidden because you ignored this user" A truly fine feature of the board.
The difference is a factor of 2X. Since each GSK American Depositary Receipt (ADR) (traded on the NYSE) represents 2 ordinary shares (traded on London exchange), perhaps your bank website is giving the information in ordinary shares.
Logging into this board is like going into an abandoned cabin in the woods. Just a few things lying around to show there were once inhabitants. Did I miss something? Did somebody die? Hello? Anybody here?
What, warts is gone? I'll have to check through my pages of IGNORE posts. So, no, just a quote from "The Big Chill," when the guys to into the attic to try and kill a bat. And you're right, bank stocks are just going to wander range-bound until something pushes them out of their comfort zone.
You've increased the number of legitimate posters on this board by 25%. A free benefit of visiting this board is getting to play the thumbs-down, abuse, ignore game. It increases manual dexterity gives you the feeling that you're cleaning up a mess. Glad to see you.
I hold 4 bank stocks, RF, JPM and two big Canadian banks, and all were down today. RF was the most decidedly down, but all were moving that way. RF does seem to have a pretty firmly established trading range, and earnings and dividend increases are the only way out.
Almost back to Wed/Thurs highs. Glad to see it open up, suggests oversold yesterday. Maybe it will stabilize around this level.
No, there's nobody at GSK who can control the short term stock price. That's not what company management is hired to do. But, if you think that IS what management does, did you post a message complimenting them on the outstanding job they did from December 2014 to mid-March, when the share price rose more than 18% in just three months? No? Why am I not surprised.
I looked at the UltimateStockAlerts page out of curiosity and was greatly amused by this part of their Disclaimer statement: "UltimateStockAlerts has a no tolerance spam policy". Their paid spammers have just about destroyed the message boards. Their advertising plan is truly pathetic, and I hope they go broke.
No problem, with so many typing on mini-keyboards with just their thumbs, typos have become the new normal. No, I've done a lot of freshwater fishing, no salt water. Grew up in WVA where salt water is in short supply. The failure of society to take advantage of boards like these to engage in civil discourse is a sorry commentary on human nature. Grump, grump.
Check the article with headline about China banning stock sales by major shareholders for six months. And ordering government entities to buy more shares. Trying to "stabilize" falling market. Wonder how that's going to work out. What's RF's exposure to this?
George, they always ask you to decide before the court decision. After the decision, it would be too easy to make up your mind. I tossed my copy of the letter. With 500 shares, I can't imagine you'd get enough to make it worth your time responding. And, you're right, the lawyers are the only ones who really seem to benefit from these lawsuits. Being closer doesn't really help, we're not getting any information here that you aren't getting there - wherever there might be.
Looks like you have a troll stalker who puts a thumbs-down on your every post. I have one over on the GSK board, another on the PFE board. I find it sort of flattering that somebody cares so much.
When I began investing in the market, almost 50 years ago, Greece could have sunk into the Aegean Sea without moving the market up or down a single penny. Now, every new development regarding Greece's debt situation causes a huge swing. Maybe I'll just convert entirely to money in the mattress.
I may be losing my memory, but it seems like you used to post as grayfoxrunning, not roving. I didn't have transactions during that period, and in general I don't bother responding to class action requests. They seem to benefit only the lawyers.