This is just how TWTR-FIT-GPRO started out. Now look at their share prices. I say day trade this and take profits; then buy again on the dips. Repeat. Cramer pumped this up and he has many followers. I buy and sell when he has CEO's on his show because there is always a temporary hike in price the following morning. Eventually these same stocks decline back to the same levels before the pump. It's a shell game. . .
That's not the problem. The EPS is -1.55 which means they are bleeding money. I like this stock to day trade only because if the Baker Boys own it they have plenty of followers. Always buy bio stocks below Bakers price and sell for a quick one.
When people are losing money in their retirement accounts they are not going to travel and many have cancelled their vacations. Auto sales will decline also. Better investment is utilities since no one can do without this service plus they pay dividends.
Cramer wants this thing to go through. He owns WBA in his trust fund. I agree with your post though about the patience part. People want a fast buck and many have sold out of this thinking the deal is not going to get done. The most recent articles have now turned positive and both WBA and RAD shot up since the post. I think this gets done by month end or first week in July. Good luck to all longs.
Soooo, WBA is paying a premium for RAD. What's your point. The holders of these two stocks are making money.
So glad I bought the hype and sold the same day. I would be waaay down. Daytrading is where it's at. A reverse split is never a good thing.
Why would WBA go up over $4.00 a share on a day the dow was off over 100? Why did RAD rise also? Surely not on any bad news.
The news yesterday was big buying piling in before their earnings release. Two positive calls in two days. Someone always knows in advance regardless of private insider knowledge; leaks are out.
The deal has not closed yet so you won't get your $9.00 until the merger is okayed. By the volume yesterday and today and the rise in pps-looks like a sure thing.