Market needs a little pull back. WFC did not beat so maybe a little pull back before they move it back up. Of course lots of liquidity so maybe the move under 51 is as far down as they take it for now.
GOLDMAN has downgraded HERO to sell this morning. They got up early to do that. Couldn't wait to execute the plan.
Many of those detainees should have been released as they had done nothing wrong. These 5 individuals will kill more Americans. I agree that Bush stunk as a president. I am sorry but Obama has done what he said that he would do. He has brought change. Granted it is change that is resulting in becoming a country that the forefathers left to create the greatest country in the world. Very negative things are in store for the middle class and poor of the USA. Obama has become omnipotent with his smooth deceptive speech. Be happy and cheer up because things are going to get much worse. From a stock stand point F has seen it's high of the day and they are selling the news looking to get out before the fall.
Should be a good sign for FB.
EBAY has been receiving nothing but bad news for most of 2014 . It has been on a steady downhill march since the beginning of March with the market on a steady uphill climb. EBAY is now lower than it was in September of 2012. With a little downturn in the market it could see a more significant drop if it can not hold 48.
This is some consolidation before a move higher. This company is better than a gold mine. It is making mega dollars and will be making much more in the future. Be patient. Invest in GILD. Other stocks trade.
Bought at 36.65. Realize shorts are in control but company still making lots of money and many folks still love their product. Some of these shorts will be covering as they have a lot of gains on the table right now.
After gap up downward pattern. Makes lower highs and lower lows. Has settled into that again today. At present it is somewhat stagnant similar to the market. Maybe they can get a different tax rate which is more
favorable like AMZN. Still trading it short as the pattern precludes. Will cover before the end of the day.
When their big money maker PayPal is going to have to share payments with Amazon it does not take a rocket scientist to figure out who will be losing on that deal. This will be new income for Amazon and Ebay will be losing income to Amazon. It appears there was around 9 million shares traded the first 45 minutes today concerned about this fact. Because a bunch of those shares traded Friday and this morning were short trades it provided an opportunity for a little give back to 49.70 as some covering took place. That doesn't mean that wall street will not take EBAY higher but from a fundamental stand point it certainly doesn't make sense for it to go higher. Now from a collusion or manipulated stand point I suppose it does. Good luck to all especially you folks that have been long EBAY for some time.
Wall street moves the stock and it has just slowly kept moving up. Think they take it higher into earnings. We will see. It has nothing to do with valuation and more with what wall street seems to be doing.
While they went short with your shares as you purchased your shares from the short shares that they sold, they would say that they were right on. You lose and they win
Some of the big boys covered a few shorts. Nice volume day with good buying volume this afternoon. Looking for some higher prices tomorrow.
CNP beat by 12 cents. We are not talking about a company that the consensus was 1.35 and they made 1.45 and raised projections for next year. This stock if priced at 65 goes up 3 points. We are talking about a company that beat the consensus of 31 cents with earnings of 43 cents and raises projected earnings. The result is the stock is down.
With sales being down so much you wonder if there had been some channel stuffing. Certainly not looking positive.