With earnings announced after the market closes today, many want to see XPO lose over 20% and go under 20.
If earnings better than expectation with better outlook, XPO could still sell off.
Maybe all the negative news already baked into the low price.
But there could be surprises on the upside making XPO at 30 the floor soon.
Wall St believes high debt load not good if recession down the road giving XPO its low price.
Today's trading (2/24/16) is an interesting one...started to sell off for the 2nd day S&P500 down over 20, but a reversal. For now, this is a good sign the bottom has been made.
However, most analysts still waiting for lower lows S&P500 to under 1700 with oil to low 20s.
What I like to see if S&P500 head to 2100 later this year, implying no recession, just a slow recovery from 2008. Then UPRO could go over 60, however remote.
Most are on the sidelines not wanting to take the risks of more losses.
Some may focus on the bottom line loss of 0.21 which is a larger loss than 0.06 and dump.
On the brighter side of the equation, XPO says it meet 2016 guidance.
XPO should continue to trade between 20 and 30 for awhile IMO.
Market going through a pullback, therefore, few stocks making new 52-week highs.
Just my 2 cents....we'll see how the trade tomorrow. After-hours not any help with few trades and up just 0.05
As the deal gets closer, AGN price should march toward 340.
If you assume no hitches along the way.
Few want to hold and tie up their funds for so another 6-9 months.
Hold through 2018 with the merger completed and you should see gains of 25% to 50%.
many bought WTW over 20...how soon will it go over 20 to 30?
Will you sell WTW when it goes over 12 Monday?
less than 1% likely...that big a bounce.
Maybe a couple of buck higher, then under 50, under 40....but slow bleed downwards.
House of cards that the wind will blow down eventually.
It's because latest earnings better than expected.
Caught the shorts off guard to cover and CTL to trade over 30.
How much higher before the pullback?
IMO should see 33-36...maybe the turnaround higher price a coincidence with general market rise.
Or, utilities back in vogue to own.
CTL positive if no dividend cut.
INT sells fuel at prices high/low, they should be making a profit.
Except if they hedge wrong and eps collapse, it stock price will follow.
INT trades higher going towards 50 someday, maybe before 3/31/16 and make it the floor toward 58.
Along that same line, one wonders why HLF stock price just down 7% instead of 20% or more.
Do computers just make errors for that one year and nobody verified if other years impacted.
Managers must be that good for hiding information and others can't figure out, or this is a really honest company (lol).
What's a fair price offer to buy MUR by XOM or any other bigger company? I would guess if it does take place, a low ball offer like $30-$35 or 20% off its low, should MUR return to under $20 stock.
Should oil price return by end of 12/31/16 to around $50/barrel, MUR follows, but a return to over $40 might be a stretch.
How long you want to hold, or did you sell and move on.
In hindsight, you should have bought 10k shares (lol).
Or, what's your target price before selling.
Many call this a bear-market rally until proved otherwise.
GILD could see 105, but also return to low 80s...whichever comes first.
Many waiting to see what company GILD will buy...been waiting for awhile.
If Wall Street likes it, up $10/share.
If not, you'll see the opposite happen.
Then you sell?
Depends at what price you bought, if over 7, you still in the hole.
More prayers on the upside.
Can this see 80s or 90s, or back down to 60s and 50s.
Could be both, higher then lower.
Therefore, don't get too greedy, S&P500 52-week highs unlikely but outside change top out near 2100.
They call this a bear trap.
On the positive side MUR hasn't cut the dividend - YET.
If it does, not a good sign.
Looks more like short-covering.
Yahoo does not high-light this Key Statistic field, it is grayed out...I wonder why?
The more likely situation at some point MUR stock peaks and returns lower 20s.
Could go slightly over 30, but no one kicking the tires to offer to buy MUR - besides, it will be a low-ball offer, nothing like 40 to 50 dollars.
Just my 2 cents.
last 4 days more than the average 5M.
If it continues all this week, then there is probably another story to explain a rumor going on.
But if rumors untrue, we all know what will happen.
Has to be more than oil spike taking MUR higher from under 18 to near 27.
Target XPO price to 96 might be a stretch in 2-4 years out.
In 2015 XPO went high 40s and back down to high teens.
Could do the same in 2016 and repeat.
More realistic upside in 2016 is mid to high 30s....then a return to 40 and 50s tops.
Last couple of earnings report resulted in stock price going lower. Looking not for a repeat...economy is sluggish, therefore, still may expect a small loss eps.
UVXY could go even lower to 20-22 before all the euphoria on the upside S&P 500 2050-2100 runs out of gas.
This is a market of extreme oversell and overbought.
I only recently looked into UVXY - how's your track record on this one, win 80% of the time?
I like SDS more than SPXU to average down because its cheaper in price.