Pump jobs never stay up. I got short today on this rally. WIll cover below $1 next week. Did anyone take a look at the financials of the company? They sure don't look too good. Capital raise probably happening soon as a result of this coordinated pump job.
Overhyped Marriott deal won't add much revenue to TRIP's numbers. Other discount travel booking sites already have Marriott hotels in their systems like Priceline so this MAR partnership is a whateva in my opinion.
Wall Street analysts so far have all reiterated their neutral stances on the stock this morning. Expect at least a $4-5 dollar easy giveback today.
Ever since HMSY has stated they are losing the NJ contract (~10% of their 2015 revenue), the stock has tanked -45%. To me this is a little absurd. I am loading up tomorrow and buying at the open and on any weakness.
Overreaction today on EMN lawsuit. Market ripped RYAM on the worst case scenario of a complete EMN business loss. But the most probably outcome will be either 1) courts uphold the contract and business goes back as usual or 2) EMN is able to lower tonage costs down just a bit.
In either case, RYAM should be at $10 considering the risks on the lawsuit and not 7. I am backing up the truck tomorrow and initiating my long position.