I have a feeling that isn't all they're dropping, and Yahoo refuses to clean it up.
Can't say that I blame you. Looking at the chart, it reminds me of someone staring down the steep side of an ALP. It's way below its 50 and 200 day moving averages. Slipped thru the bottom of the Bollinger Band today. looks pretty much oversold, under reasonably high volume..
Just thinking, this may not be a good stock to own, especially if it drops off after beating earnings estimates, going into a 200+ market.
Quote by Gordon Gekko
"Greed is right.
Greed clarifies, cuts through, and captures the essence of the evolutionary spirit.
Greed, in all of its forms -- greed for life, for money, for love, knowledge -- has marked the upward surge of mankind."
Still doesn't show the reason for the decline DB still has a buy rating, and still indicates that KR has room for a 15.59% upside from its current price. Also the declination started 7 days ago; before DB issued the price target drop. Something else going on!
It makes no sense! They beat earnings estimates, have done so consistently, has good free cash flow, and the damn thing tanks. Seems like some sort of manipulation going on. Compare it to SJM the other day, they beat earnings, the stock jumps $12.00. This thing does well, goes down.
Note how Yahoo crossed out my profanity. Now why can't they do the same thing to the spammers, like Ultimate Stock Alerts?
And yet the people that created this problem walk away virtually unscathed! That's what really is #$%$!