The major averages are at slightly over 50% of average daily volumes with only two hours left to go. The selling is not as much an issue as no buyers stepping up. Very low volume on the indexes, but above average volume on CLF alone. The othe IO producers are also down on below average volumes. So once again, the pounce on CLF is harder, but CLF also had the best gains YTD.
Hard to say, but all elements would imply buying, not selling. Also, Davis Tepper bought $58million of FCX. News was released today.
sidelines waiting for an opportunity?
Eveything was hit tiday and by large percentages. It takes weeks to get a gain then 4 hours to take it all away. Synchronized hell today.
I am going to look this up, but that makes for a cost basis of $33.06 per share. Add that to what insider already bought, NICE, VERY NICE
Nothing is down marginally today. Most everything in the materials sector is down 2% ot 3%. CLF may be the worse, but all is down huge, along with the indexes, and every industry group. I see very little green today.
I took you off ignore (this final time) to see what #$%$ you wrote. Whatever made you so angry and bitter, I do not know. Maybe it has something to do with being fired by whoever you worked for?
I will not read your reply so no need to answer.
Maybe you are just mad that your bets that TOL would be closer to $20 (or whatever) then $30 or $40 (whatever it was) is wrong.
You are beyond bazar, very sad to see what seems to be someone with intelligence being a mixed up into a bag of misery.
anything else until it recovers, lets hope.
Again, you have to post a source. Dec 10 is the deadline for companies to report. Dissemenation date in 12/17. How can this number be published when it wasn't even due yet?
closing price and is also near its 5 day high. All in all, if that is the worse thing that WS could do to TOL after its ER, this may very well be the floor. I believe HOV reports on Thursday.
Excluding any horrible financial news that crashes all markets, or much higher interest rates coming up, we may see TOL regain its highs over the winter.
The next dissemination date is not until 12/17 for period ending 12/10.
Where do you get this from?
When has TOL done anything stupid with an aquisition? They already said it would not be a problem when they issued the release. I think analysts have it wrong. However, they are the ones who will drive the stock price because they will buy or sell TOL on theis views, not on what TOL says.
Well said. I think it is easyto pick up on where someone else bought their shares by the comments they make.
I am not familiar with the story here. Is this another BL for CLF, or nothing to worry about because the investment isn't that huge?
Sales up 65%. EPS beat by 11cents. Average selling price up $121K, They have a bullish outlook for all of 2114 and you wonder about flat sales for fisrt part of current qtr?
I supose once the CC is finished, this will be up.
yes they are. All those sector stocks I wrote about last week that were being sold off together, the same group has been going up and are now at 5 day highs. Lets hope the selling of the materials sector is over.
Every spike gets sold down, almost always. On a seperate note, the indexes had sold down and most stocks trade in tandem with the overall markets. The selling this morning was not damaging to TOL, just for short sited people who can not think beyong 15 minutes.
I suspect it wil hold $34 and more.
Can not find any news. Maybe taper fears or was someone on CNBC saying again taht the markets had to coorect by 10%?
to cover, which puts it at the mid-point of where it has been for the past 24 months.
Contrast the short interest in TOL to its peers, as follows: LEN 2 22.5%, KBH @ 27.25%, PHM @ 7.8%.
TOL is sitting in a nice spot right now.