The CFO sells 20.000 shares and that is why the stock is down. He still has nearly 663,000 left. They sell shares to buy some luxuries. Wall street uses what ever they can to make money manipulating stocks. No shares myself yet as I am waiting to see when the downtrend ends in MU. Still appears they may take it lower.
We have had a long bull market. Now they are starting to short more strong good companies. This is often the precursor to the elevator beginning to drop at a faster speed. A 10% drop in the last six days with no negative news on MU is a significant drop. This is not retail investors doing this. For myself I will remain in cash. Not liking what I am seeing in China, Scotland, Europe, Russia, Middle East and North America.
Yet they took VTR down more than HCN. When easy money to be made wall street is there. I was just following what they were doing. Another example of doing what the market is doing not what you think it should do.
May everyone have a great week-end.
Six time as many puts as longs on the option market trades. I think this is what they call putting it to you when they gang up on the longs.
When they decide to take VTR down it just keeps falling. If you look at charts of VTR when it goes down it goes down for the whole day. There does not seem to be any big buyers to stop it. Already down 4% today. This sector is considered to be where you should be putting you money. Folks that are long VTR have already lost a bundle this week and it is still falling.
Definitely not too healthy with market still near all time highs.
So many experts that are sharing totally opposite FACTS. All the secrecy leads to a lot of anxiety and for some a loss of a lot of money or a gain of much. Me thinks the retailers are the losers reacting after the fact while the big money sends out the rumours after they are set up.
It misses on revenues and has a P/E of 207. Goodness this should be down 10 points. Another overpriced stock that the little folks will end up losing a bundle.
If you can not figure out what that means then, not meaning any disrespect, but you may want to return to the jungle.
Think we see MU go under 32 again. We still have over 2 weeks before earnings. The manner they have been shorting, covering, buying, selling, shorting, etc. has more time to play out.