He also said the market was going to go down and it shot up over 200 pts. He said to cash out because making only 1% on your money was better than losing 30%. Look at the 52 week low of Icahn's stock. He's wrong and bleeding so whatever he has to say is as good a guess as someone else like CRAMER, another 50%er. Anyone can do that well at guessing.
The new price target was just lowered to 60 bucks today so yes, a div. cut might happen.
Juno way overpriced for a negative 8.46 EPS. That figure is supposed to be positive or they are bleeding money. I wouldn't be surprised if they did a secondary like SGEN. SGEN's secondary was $41.00 and is down 3 bucks from that figure. Not good to have a secondary, especially when they offer so many new shares. The only ones that get rich are the insiders unloading.
has a negative EPS which means it is bleeding money. He wants everyone else to lose too so he goes on CNBC and tells everyone to cash out and that 1% is better than a 30% loss. Well take a look at your own investments Icahn-your shareholders are losing money.
and you will see CAT dealers unloading their inventory before winter sets in. Too many machines on the market at dirt cheap prices. You can bid and get equipment for 1/2 of what the dealers are trying to sell off their lots.
I agree-all sectors are down. Just wait until they raise interest rates if you think this is bad. Sit on the sidelines with CASH or spend years trying to break even.
Did Hillary also give you a second chance on buying Heavy Equip (CAT) retail (BABA) chicken (PPC & SAFM) too. All sectors have been hammered. This whole stock market is taking a beating and it's because it is getting close to dangerous bear levels. People do not want to lose thousands of dollars watching their stocks go down. They learned that the hard way during the last 3 crashes since 1987. Cash out and sit on the sidelines until there is a recovery. Just wait until the interest rates rise if you think this is bad.
$36.92 was good for me. Went down first and sprang right back up. Still loving this action. Every day this stock moves at least a buck and a half. I never buy at the open.