Man, this company is done. Now reporting even higher cancer exposure for those dumb enough to have bought laminate flooring from this company on product produced in China. LL's reputation is 'terminated'.
Up to almost $17 million YEARLY with 27% hike in pay. Yeah, that's about right for a company that has gone NOWHERE since 2008 after a 90% or so COLLAPSE in share price and a 99.3% REDUCTION in the dividend. Yeah, that's about right. A company that has underperformed JPM and WFC by 90% in share appreciation.
And JPM and WFC have INCREASED their dividends off their base back in 2008. Yes, INCREASED then while
CitiHYPE has reduced theirs by over 99%. Yeah, CORBAT deserves this pay raise in addition to his plethora of perks and stock options resulting in tens of MILLIONS of dollars. Ok,, bag holders, you should feel pretty darn good now knowing CORBAT is living a life of luxury while your shares go nowhere in value and your dividend, if you're lucky, gets you a HAPPY MEAL at McDonalds. Happy trails, bag holders!
Well, Big Craig is down 4+% normal trading hours and a WHOPPING 10+% after hours.
And down to a yearly low. Nice call, Big Craig. Glad I'm NOT in this stock. (Wouldn't follow this guys advice for FREE)....
Selling here and buying WYNN. Steve has been on a tear lately....and buying volume has supported him over this one. LVS and WYNN are the winners now. This one has been HYPED for too long now. The report card today supports this.
It's part of Sands Cotai Central. St. Regis has 400 hotel rooms. Sands Cotai already houses Conrad,
Sheraton and Holiday Inn hotels. It features 111,000 sq.ft of retail, entertainment, dining, convention space, 2 spas, 3 health clubs and, of course, the casino.
And this LOSER President did NOTHING to accomplish this. It was all the FEDERAL RESERVE and if you have a brain you know this. OBAMA is a MORON like ALL liberals!
I had a free trade and $25 in an account so bought this LOSER prior to the reverse split. My 6 shares turned to 0 after the reverse. I bought just to keep this LOSER on my radar. Well, it's off it now. This LOSER is barely up today on a huge market rally. Also, this LOSER lost all its gain after the Supreme Court ruling. Today, this LOSER is just that - a LOSER! It will eventually go bankrupt because it can't do another reverse. There aren't enough outstanding shares available for one. OBAMA destroyed this industry and wants to finish it off.
I hope many LIBERALS lost their stake because they are the NUTS who helped put this LOSER (OBAMA) into office. This pleases me. For others, I'm sorry. My $25 was just a 'bet on the roulette table'. It didn't work but it certainly didn't hurt me. It was fun. For ones with huge stakes in this LOSER industry and this LOSER stock I feel your pain (except for the LOSER liberals). Have a nice weekend.
If you really want to see the divergence between these two go back to 2007 to date. It is INCREDIBLE just how much JPM has outperformed CitiHYPE....you just won't believe it....Sandy Weill put this mismanaged conglomerate together and LOSERS like Chuck Prince, Pandit 'the bandit' and Corbat followed him to make matters even worse. You are in one HUGE bad investment with this loser.
I know - I made the mistake once and have made a dramatic comeback since. If I had stayed in this LOSER back in 2008 I would be in the poor house now. CitiHYPE is for bag holders.
Dimon buys 500,000 shares or $26 MILLION worth of shares today in JPM. I haven't seen any reports of insider buying in CitiHYPE. No one in their right mind would buy shares. These corporate guys only RAID the company of assets. Yeah, huge salaries, unlimited perks, and 'free' shares that they resell in open market.
This company is WORTHLESS! Only bag holders own this PATHETIC company. And they listen to the
illustrious Mike Mayo....
(1) January best month in long time (2) Chinese New Year in 3rd day - full blown this weekend and mass looks stronger than last year (3) Business good in U.S. and holding own in Macau (4) Wynn Palace on pace to open June 25th in Cotai (5) Steve has bought more shares of Wynn because stock is trading at low levels, I buy on weakness, and likes long term prospects (6) Visitation stabilizing in Macau (7) Junket operators less now - about 5 of which Wynn does business now and does business with only the strong ones (8) Citizens and employees are on side of gov't. Gov.t wants best for them. Steve points out that the Chinese gov't has brought 350+ million out of poverty and is unprecedented in history of world. Feels confident gov't wants to see Macau grow albeit in a diversified way. Remember, China is 4x the size of America in population. Feels better where we are today than yesterday. Gov't wants operators to be successful.
This may be in trouble like it was back in early '09....who knows what is on their books this time in this new commodity crisis....This Stock Is A LOSER no what the situation. Avoid this LOSER at all costs.
Yeah, got this thing at $1 back in early '09, rode it to $18 and sold it at $14, it's first disappointing earnings report. Glad I did. And don't think I will buy this again if it hits $1 again. I do watch it, however.
Where is MIKE MAYO???? This loser is down over 35% and not a peep from him. This was his
#1 pick in financial stocks, his 'expertise'. Must be hiding under his desk!!!! This thing is now $3.35 per share (reverse split adjusted), not much higher than back in March '09....Come on, Mike, get out from under that desk!
His solar city stock is being decimated. An analyst on CNBC the other day said to avoid TSLA stock; that it was extremely overvalued; that it is a great short candidate. Looks like he is right and investors should take pause on this auto stock. If you're in this best of luck to you. Tomorrow could be painful.
Go on margin at 8% and max out. Also, borrow all the money you can from everyone you know including your kids education. It's only money. Go for it! Now leave the poor investors alone with your inane blogs. The pain is enough for these guys in this loser.
What a demoralizing story - this loser was once the 'darling of Wall Street' oil investment just a few years ago. Today it is near bankruptcy. Good grief, the share price is 34 CENTS per share. Just a matter of time for some of the VERY weak oil 'related' companies.