... Sikorsky Aircraft Corp. – a unit of United Technologies (UTX-Free Report) – won a $203.6 million order from the U.S. Army for 18 UH-60M Blackhawk helicopters for the Mexican Air Force under the foreign military sales program. Estimated completion date is May 30, 2016.
They'll probably wait til it drops to $1,000 then issue a downgrade! Crooked idiots!
On Sept. 5th the stock fell hard below the 200 dma on big volume and hasn't been able to move back above critical technical levels. Even Investors Business Daily commented that the 8% rule was triggered which intensified the selling. I'm not sure what triggered all the negativity about the company that sparked this degree of selling but I do know that if management continues to sit on their hands and no promote the welfare of the company we may not see a recovery anytime soon. Hideous management decision to sit on the sidelines with their thumbs up their #$%$'s.
...While forward bookings generally mean little to nothing in Macau, we were surprised to hear that high-end demand appears solid for the upcoming Golden Week period. In an admittedly unusual twist, contacts expressed surprise that high-end players have actually called in advance for reservations, despite historically, just arriving with the expectation of service.
I'm sure they made tons of money underwriting deals for PCLN! One lousy upgrade is all I'm asking for! Maybe 2! lol
I agree. The bogus downgrade created an awesome buying opportunity. The selloff was also on big volume. Even better.
This one and LVS are killing me. Both are oversold but keep sinking lower. Short interest on both is now over 5% of the float. It's a matter of time but wow until then its one wild ride!
I'll never ever ever try to bottom pick again!!!
Volumes have been so light across the board lately that it is very very easy to manipulate the price action in either direction. Let's hope she reverses. The stock hasn't acted right ever since they announced the $1 billion note deal.
Its not the place for little leaguers, its the place for big boys who enjoy a good glass of ale! Its the beverage sales that drive profits at BWLD!
...On August 20, 2014, following the completion of the sale of the Notes, the Company purchased 114,645 shares of its outstanding common stock in a privately negotiated, off-market transaction for an aggregate purchase price of approximately $147 million.
Guess he's been around awhile!