I have started to buy CRM. Can anyone summarize the top and bottom line growth for CRM in the past couple of years? Especially since the stock is trading as if the growth is gone away!?
In 2000 most companies got killed because they had no revenue! CRM has massive revenue and growing. Having said that, this recent sell off feels quite different to the other pull back of the recent few years.
Since EPD has long-term contracts with cash flowing at 130% of distribution rate, barring an outright fraud by EPD, they will be fine.
At this point NGL is effectively a call option on price of oil. Knowing that they have ample cash thanks to their recent sale of TransMontaigne. So distribution is safe for now and BK is out of the question. In fact, one could argue that the high distribution is causing anxiety for investors. So if management drops it by 50% or even 75% it would still be a decent rate and could alleviate concerns causing stock to pop.
Who cares about this "still way too expensive" Company with inferior product and even worse management? Why is CNBC talking about this"story" stock and ignoring much bigger and better companies??
Even with the bounce today, BAC is still down 30% in 6 weeks!! That's like the 2008 sell off all over again except this one is purely on sentiment and fear. Do not sell here, BAC is still 25% discount to book value!
Don't underestimate the power of algo traders. Same ones who pushed BAC down $6 in 6 weeks can do the reverse just as fast.
What if China announces a massive stimulus on Sunday? Everyone and their brothers expect China to open down huge next week so as is usual, the expected almost never happens.
He needs to step up and buy some shares here.
Given the 2.5 times avg volume yesterday, your thesis may be true. Certainly a spike from here to $14 is very possible in days.
Why is BAC acting like a European bank? C is up 4.2%. BAC is having trouble holding 1.8%! Last I checked BAC is still 45% discount to book and is down 35% in 6 weeks! We need some buying Mr. CEO. Learn from Dimon.
Agree. Best thing is if management prudently cuts 75% of div to preserve balance sheet. Worst case is already priced in here.