Q4 $.11 EPS loss vs. expected $.02 gain, Revenue $6.5M vs. expected $35M
Trust Ullman's words at your own peril.
9/26 CEO Mike Ullman was reportedly in New York saying he didn’t see “conditions for the rest of the year that would warrant raising liquidity,” according to Trade the News.
The embattled retailer saw its shares fall dramatically in afterhours trading on Thursday after the company announced plans to issue 84 million shares, with Goldman Sachs as the sole underwriter.
The 50 day MA is currently 6.25. Here's to hoping it provides support.
if for any reason, a retail customer is not completely satisfied with any Herbalife product purchased from an Herbalife Distributor, the customer may request a refund from the Distributor within 30 days from the date the customer receives the product. The customer will be instructed to return the product, or the unused portion thereof, to the Distributor from whom the customer purchased the product. The Distributor must offer the customer a full credit toward the purchase of other Herbalife products or a full refund of the purchase price.
Short covering is the fuel that has lifted BBRY. When that fuel is spent look for BBRY to give back some gains.
Hertz Global Holdings (NYSE:HTZ) was downgraded by Zacks from a “neutral” rating to an “underperform” rating in a research note issued to investors on Thursday, American Banking & Market News reports. They currently have a $27.20 price objective on the stock. Zacks‘ price objective indicates a potential downside of 4.96% from the stock’s previous close.
The SPY has been in a long term uptrend since October 2011. It should be assumed this will continue until it doesn't. That said, now is an opportunity to sell and look for a cheaper entry point.
"3) business model is showing profitability, according to financial reports"
FAB does not disclose a bond sale, changes promises to maybes from sale brochure to sales contract, lies outrageously about kiosks numbers, etc. But their financial reports are to be trusted. LOL.