Rarely do you see something like this. Everyone is exiting the BACK door in a stampede. It's plummeted another 25% from its opening price this morning. Even for those entering this LOSER today the pain must be excruciating. It's EXTREMELY tough to buy and hold when the stock is relentless in its descent. EXPECT this LOSER to be down tomorrow morning. Many 'investors' are not even aware of today's action but will be tonight.
So, opening will be interesting tomorrow.
This is a stock you guys should be buying. Why fool around with a company that no one knows where
it is going. And this LOSER pays no dividend now. And who wants to play a stock that can get hit 50+% in one day. This is crazy!
Looking out 2-3 years. Japan will (eventually) be on board. And other locations will be in Adelson's portfolio
making this a must own stock. With a dividend yield at 4.5% it's worth the wait.
Incredible volume for float of only 105 million shares. 28+ million shares traded today and only
11:05 est....at this rate will trade well over 100 - 125 MILLION shares for the day....
Always wait at least 3 trading days before you enter something like this. Who knows where the bottom is now....down 43% already this morning!
Word to the wise: Wait at least 3 trading days before you decide on buying a stock like this
and let the 'dust settle'. And even then only 'tiptoe' into it. Stagger your buying. Average down if you feel you 'need to be in this'. Proceed cautiously, very cautiously!
the stock price will have plunged nearly 80% from its high just 3 months ago. And now it pays NO
dividend. Devastating for longs......including Greenlight and Java. Never heard of this stock until today and will watch it closely for the next several months.
Civeo is proving my point. Nice dividend yield based on plummeting price but now it is eliminated.
Stock plunging over 30% after hours. Some big players in this stock and (like all of us one time or another)
are taking a huge hit. Play just large caps like XOM and CVX. These are much less likely to plunge if one wants to play this industry.
The questions now is: What will one who is long do with this stock now???? Glad this one is on you and not me. What a devastating hit since September. And this is a new IPO....
And for your March distribution you will get a handsome RAISE! Congrats.
Sentiment: Strong Buy
Today WFC hits ALL TIME HIGH of $55+. C(Citigroup - the LOSER) is just $5.4 (adjusted reverse split) which is about 91% OFF its All Time High. WFC is at the high end of its dividends while THE LOSER is off about 99+% off its dividend high set just a few years ago. The difference between the WINNER (WFC) and the LOSER (CitiHYPE) is like comparing HEAVEN to HELL. Warren Buffett has proven his intelligence in selecting the WINNER (WFC) over the LOSER (CitiHYPE). Anyone who has held a position in CitiHYPE knows about what I am talking........Citi is a COMPLETE LOSER! What a difference in management. Congrats to ALL WFC longs who are ALL WINNERS!
All the HYPE when this guy was named CEO. So much HYPE! I sure bought it when I was in this stock.
Thought he was the 'savior'. This guy should be fired now. Most of all, I am just elated that I was so
fortunate to dump my entire position (accumulated over several years) 6+ months ago. Sold at a substantial profit only because I bought a plethora of shares under $1 back in early '09. Probably going back there.
Don't thinkI could touch this stock even at that price considering the business on which they have
Only because of disappointing earnings a couple quarters ago. I sure didn't think it would get this bad. More bad news after hours. I was so sanguine for a couple of years on this LOSER, almost a pollyanna. What a difference a couple of quarters can make. Even Jeff Immelt noted today that GE spun off GNW and was a good thing. Will monitor this stock but will never take a position in it.
Sentiment: Strong Sell
Today could have been an ole' CAPITULATION one which the volume would clearly illustrate. Lot of margin calls and panic selling. Both WYNN and LVS have been decimated the past few months. A lot of bad news factored into price of stock. Could be more coming but I think today capsulated most of it.
Both traded huge volumes today. Much of it was for the FOOLS who buy on margin and got their
rightful calls today or prior. These stocks have really been hammered the past few months. See what happens going forward. All bad news probably not out but the stocks have discounted much of if not all of it.
Well, it's NOT over. If you read the ENTIRE article (and not just what you want to read) legal counsel for WYNN is taking it back to court in a different format. This is NOT over!!!!
This is why I have made this my largest holding. What Klaus Kleinfeld is doing today will be great for this company tomorrow. Even the commodity side is doing decent. There could even be a dividend hike at end of 2015.
THIS IS PITIFUL! This LOUSY stock has slipped even more after the announcement today and one of the WORST DOW performers this year. Immelt may have to GO. I just cannot believe IMMELT and the Board has the courage to raise this thing a measly 5% compared to previous hikes in the double digits. INCREDIBLE and a loud voice as to how the Board and the LOUSY CEO think of performance going forward.
I just added even more shares at the close. It's worth the investment.