Seems like so far Wall St has clearly voted against EK. If EK's strategy is to be believed, since her position is that DD Is a faster growing leaner company post-spinoff, then logically she would have to give an up-beat forward guidance in 3 weeks. If not, that means the CFO and others in DD do not project what EK is preaching.
Please cite the last time that Cramer's advice was on point. I have tried but seems like he just goes with the mo mo techies. Anything with an uptrend is a buy buy buy and anything in a downtrend is a sell sell sell.
Just curious - by way of thumbs up or down, please let me know you approval or disapproval of Kullman's performance.
Mr. PELTZ please use this information in your next inevitable attempt to right this old ship.
So anyone know what happens if you have a call contract of DD prior to spinoff? Presumably the contracts are re-done to reflect the lowered strike. But CC has no options. What happens to the portion of the contract which pertains to the spun off asset? Any intelligent comments welcome.
what if you have option contracts on DD? I assume the strike price would also adjust accordingly.
She is going to be on CNBC soon. I guess that the investors have spoken with DD going to 52 week low. Serves them right. They should have voted for Peltz plan. Now, the CEO will go on CNBC to try to remove egg from face. We'll see.
For a second day, there was about 100K of shares dumped within 20 seconds of the close. This pushed down DD 20 cents in seconds. Manipulation? What could be the point?
Most likely the answer will be revealed Monday morning. The prior price of around $220 from Cigna was rejected apparently.
I rather buy DD. It's also falling - looks in sympathy - after already beaten up from the Peltz proxy fight.
Just look at what happened with AMBA today - 50% retracement in a blink of an eye!