Hey Zugzwang, how could you tell that from the ticker? I have access to level 2 quotes and was curious what pattern you saw that made you see that. I usually look for big block trades. Thanks!
Looks like the big boys accomplished their goal of scaring the weak hands out. Now they will gobble up those shares on the cheap. This should move back into mid 70's in next two weeks barring a major pullback in the general market.
Big boys scaring the weak hands out. Will buy back on the cheap. Absolutely no reason for this sell off. Company is a bell weather for the grocery industry. Great company, great earnings, growth, etc. Wish I had more money to load up on this at this price.
If this selloff over the past week has been driven by rumors (now reality) over the Dunnsburry deal, retail investors are just plain ignorant. This deal is a positive for KR. It continues to amaze me how ignorant most retail investors are. I normally don't post on boards, but I had to vent on this one. KR has blown away earnings and guidance over past several quarters. Management knows what they are doing. Weak hands will be shaken out (as usual) and the institutions and big boys will pick them up cheap. Happens time and again.
Thinking about starting a position around 16. It's been trending lower, but I think there is more upside than downside going forward for a long-term investor. Good article from WSJ on MEMP and other MLPs that peaked my interest. Dividend looks safe and hedging is favorable. Any opinions?
Who would short this stock? My goodness people! I held because I believe in the company and I am reaping the rewards. And what about that nut job analyst who said forward outlook could be disappointing. What a clown!