Because AMBA warned. Boy did that company get hammered.
I think there will be an offer soon --maybe after next earnings Q
I agree, Post 08 the Fed did perform a needed liquidity response. But now going forward as the Banks require less hand holding it should back out forever more from tinkering the system. Its time to let any Bank fail if necessary ...no more bailouts for any industry. If we need a recession or a depression so be it. That is the Capitalist way!
What is really needed is Congress to start acting and addressing responsibly our 19 trillion debt.
Try to rap your mind around that amount ...I can`t.
Analyst were wrong at 117 then 107 price target revisions. Always remember they are covering for someone.
Now at a very steep correction they upgrade... what morons!
The true price discovery is precisely where it should be in the mid 70s. The Chinese are hurting like we did in the Financial meltdown. By the way remember the Chinese authorities have no clue how to run a free capital market system.They do have however trillions of $$ to trow at it.
There will be a lot of smaller players in trouble for companies to buy. I think SWN will make acquisitions
but only if it is a steal. My worry is earnings going forward . I sure hope they have smart hedges in place!
Long term this is a great company. Buy on weakness
Its an extended head and shoulders on the right side.. Once it meets 80 there's very little support until 75 .39... its 200 day average.
from 38.60. This is all about larger players IE institutional types running it up so they can bale right before earnings! They want retailers to join in and hold the bag or last seat as they say.