Got out yesterday at $42.41. Had a bad feeling about declining soda sales generally.
$37 to $37.50 is the probable buy back in range.
Selling domestic oil companies, LINE or otherwise, in the face of global turmoil and rising oil prices makes no sense, yet that's exactly what happened to several of them, including LINE.
Fraud requires a false statement/misrepresentation of fact.
Opinion is protected by the First Amendment and, as Dirty Harry once said, are like @zzholes, everybody has one.
ETP, KMP, OXY, etc. are all down today too. With concerns over a potential explosion in Iraq over the weekend, there may be some short covering heading into the close.
Not only that, but LINE was featured prominently as one of his stock picks in his latest book. That book, Get Rich Carefully, was published AFTER the LINE accounting for derivatives issue was first raised. So, Cramer didn't seem to care about it then.
According to stockconsultant, TEVA broke through double resistance at $53.18. There's a 75% chance TEVA reaches an interim target of $56.52, which is a 6% increase, before resistance is reached again.
The name of the lead case was: Yanise Germain v. TEVA Pharmaceuticals USA, Inc., with the initial citation 14a0134p.06.
The United States Sixth Circuit Court of Appeals affirmed the dismissal of 67 of 68 lawsuits (except one against Eli Lilly), which arose from the Plaintiffs use of propoxlyene. All of the suits against TEVA were dismissed.
Agreed. The 2011 double top at around $32-33 may provide the floor here. I'd wait until then to buy or cover a short.