Might have been smart to halt and let traders actually read the report before they push the sell button.
looks bad on the the earnings cut but this would be a big mistake if they sell this off due to the writedown. Revenue blew away estimates.
I doubt it, there has been 2 stock splits that I can remember in the last year of high flying growth companies - crm and vfc.
I would be concerned if they throw in the towel.
The panamax is holding steady in the high 15,000 range and the total index is down about 20 percent after doubling in a month so I guess you can say your right. I won't bother to get in an argument with you since my portfolio is hitting all time highs for me. Good luck - I've tried to stay away from the board - you guys depress the #$%$ out of me.
acquisition or buy back some stock - do something.
funny, but it sounds like sour grapes. The stock market is the ultimate voting booth so you may be right, but right now the voters disagree.
Icahn will be remembered as a trading God
Today was a dream for the bulls. Expect 2 to 3 weeks of going nowhere until the x-mass year end rally.
My experience of selling 1/2 your shares on a great stock is not great. Most of the time the stock keeps going up and you kick yourself for selling.
He is looking out for shareholders for the long haul - I'm not complaining, in fact if they sell this further - I will buy more. My guess is it will base in this range - we are right on the shoulder for the chart which is now a pretty clean reverse head and shoulders. We finished about 2 points below, but 1 or a few days is not a big deal.
NOT 1 day - people, you can't maximize your gains by trading in and out of these stocks every day.
Which is why Icahn is rich and everyone on this board isn't.
He still might do a secondary, but how much outrage would there have been had he didn't talk the stock down and then did a secondary or convertible?
Bullish move intact!
have to look long term boys and girls.