being taken lower without regard to fundamentals.
the company. On the first day of BK nothing will change operationally. The big difference will be that the shares will be worthless, which doesn't really effect the company in the near term.
Less than 3% of stock is short, so this is not going to be a source of a lot of buying.
Once in awhile the market is manipulated lower (mostly by the shorts) and when you see earnings like GILD just reported and the stock trades down, this is a market that is being manipulated lower.
for many years and now am convinced a change is needed at the very top.
ever reported by any company. All this other negative talk is to facilitate for the shorts.
going to cost them, as JCI backs out of their non deal.
to help pay back over 11 billion in debt it is only a matter of time before the equity holders get wiped out. The bond holders will take charge and hopefully get back 50 cents on the dollar from the ensuing fire sale of physical assets.