unfortunately, they don't have to be guilty. The DOJ just has to convince airlines they have enough of a case to provide a lot of bad publicity and a couple of years of legal fees if they choose to fight charges. Then the airlines will pay big fines without admission of guilt and the government collects some spending money. Just like they stole from big banks, they will likely steal from airlines.
Longs, why are you not buying this dip? I did. I believe in putting my money where my mouth is. Sold off 40% of my portfolio to binge buy HA. I've missed out on some decent gains, while losing money today on HA. Don't pity me, my day is coming. Shorts this week, Henley next week. Fair enough!
It's not the first time this year, HA stock price has been knocked down, while other airlines appreciated in price. Probably not the last time either. The good news is, the company is strong and earnings will be very good. The price will roar back. Don't get caught short.
I Shares transportation ETF +0.51%, JBLU -0.06%, ALK +0.33%,UAL +1.17%,AAL +0.21%, LUV +1.62%, VA +1.06%,DAL +0.46%, ALGT +0.73%. Low volume in HA. Anyone think there might be a little manipulation going on today?
Fidelity hasn't changed margin requirements for AMBA. Are you sure E-Trade raised requirements? If AMBA became a larger percentage of your account holdings, that could trigger a higher margin requirement. Also, if you have other stocks in the semi-conductor industry or even in any technology stocks that can influence the margin requirement. Talk to your broker and understand the cause before you make a rash decision.
I find little evidence that Pessina has been a builder in the pharmacy world. He and KKR simply acquired Alliance Boots in 2007. The pharmacy operations were well established in the UK and Ireland long before that. He appears a capable entrepreneur with global aspirations. He is learning something about the health care industry in the USA and I hope he can grow WBA in this country and internationally, but it remains to be proven. He expanded Boots Alliance into new territories between 2007 and 2014 but I can't see that he built a lot of value. Pessina and KKR paid 11.1 billion pounds (UK) for Boots Alliance in 2007 and sold it to Walgreen for $16.2 billion which translates into 10.2 billion pounds at today's rate.
I agree you took more than your share of abuse Yank. There was a lot of ugliness. It has been said "you reap what you sow", and that has probably explains some of it. I really can't see you losing any sleep over most of that #$%$ though. It was so absurd as to be almost funny (probably more to an observer than to the recipient of the abuse, I'll grant you that). It's too bad, in a way, that posters are not required to use their actual name. It's the "anonymous" poster who misbehaves.
Cramer is an actor. He says so many things he is bound to be right part of the time. I would not buy or sell based on his comments. AMBA looks very strong for the next couple of quarters at least. I'm buying the dips.
rob, some of what you say is true, but you still can't get past defending your biases. First, if you go to the trouble to check, you will find that I did not say that I admired the Walgreens executives that have been pink-slipped. My reference, while it was some time back, I recall to be about the board of directors. I listed them all at the time as well as their other affiliations. The executive staff you refer to were adequate pawns of the board and nothing more. Evidently the current board including the omnipotent S. Pessina and B. Rosenstein are cleaning house and while that is interesting it really isn't earth shattering. I very strongly agree with your remark about low cost service employees who know nothing about health services. That will come back to haunt them, but not for a while. I don't think Boots is out to rebuild Walgreens. I believe they will soak this giant U.S. company for all it's worth and eventually destroy it. I'm not too worried about eventually though. Eventually I'll be dead and gone and quite unaffected. Boots and Mr. Pessina bring a great deal of potential for international growth and that is what interests most investors right now. I'm not so sure they will ever realize that potential, but they might, and the possibility will drive WBA higher for a while.
Yank, you are quite the spin artist. In fact it was you who was negative and bashed everyone that had anything optimistic to say about Walgreens. You attacked posters on a regular basis. I'm not surprised you are pointing out the high volume of messages on the board when you were here. That volume came primarily from you and Rob with a little help from Milo and a lot of help from CVS longs who came to the Walgreen board to bash (supposedly in retaliation for Walgreen longs who bashed on the CVS board). The board was a complete disaster at that time. High message volume is not an indicator of quality. There were times, as I pointed out to you back then, that you posted double digit numbers of posts daily, while I posted 2 or 3 times a week. You came to the board with absurd claims of mistreatment at Walgreens, you created havoc and posted disingenuously for years and the conversations you flounted with Rob and Milo generally lacked credibility and reflected your lack of understanding of the Walgreens culture and what made the company stock outperform almost all U.S. listed stocks between 1970 and 2000. I'm glad you found satisfaction on the iHub board and even more glad you don't intend to come back here. I am a relatively infrequent visitor myself. This board is pretty much vacant today, but I prefer that to the former state of chaos. As for Rob, I don't think he needs you to come to his defense. Posters would not berate him nearly as much if he would simply provide balanced points of view instead of spinning everything negative to Walgreen, and not pretending to "know it all". That's enough. peace.
Yes, be careful. Keep a close eye on it. But don't fight the trend. Shorting a stock with accelerating growth is fighting the trend and not being careful. It's equivalent to "catching a falling knife".
I'll give you a little credit. You may always be wrong, but you never quit trying.