he has no more cash to invest and has to appear in court I hear ?
it is from CANADA it makes things a little more TRICKY !!!
If a house is about 250,000 how many houses could be bought for 5 Billion ?
is it 20,000 ? An entore Large Town full of Homes is how much he lost in the last week ?
calculations are correct or his hedge funds has....
are in the cards IMO 50 will be tested !
to a recent article I believe !
did you read this article ? I am not sure why cvx is not testing 52 week lows of 69
exposure / Debt and this is connected to the Big wall st Banks Goldman Especially but all of them make huge profits on issuance of this type of debt if this one goes bad it will shut down the market and the bond market could take the stock market down ! Also this stock could take some HUGE hedge funds down with it also !
This stock may actually be the long awaited BLACK SWAN that takes the entire market down with it due to debt and bank exposures !
did you see Valleant AH today ?
'This may end up being the black swan event no one expected !
Did you see this article search for it.
This can't be good news for Chevron can it ?
it only has 1 billion in sales before this fiasco and yet has a market cap still of 26 billion and debt of 30 billion
and if this is not enough earnings estimates are not available anymore and it has a price earnings ratio of 45 even at todays price vs 14 for MERCK and 20 for JNJ...
is TAINTED Now and fund managers have no reason to RISK any money with so many other stocks they can buy without the RISK.
I do believe also this sector is SUPER inflated and the overall correction of this sector will hit this stock harder.
Ackmans TRACK RECORD with JC PENNEY PROCTOR AND GAMBLE and others is not good and his emotional attachment to this one is going to be costly IMO !
I think 50 Will be tested soon !
seems to be something amiss..
AAP look I dare you !
one all stocks are getting marked down !
HINT: HOME DEPOT IS NEXT TO GET WACKED !