Suggest you ignore their headlines and read the actual financials. Revenue and bottom lines for qtr and 9 mos down from prior year. They selected the few positives to use as the headlines..just like most others do.
Going back to $1. It's the way these reverses work. The dopes do them to get the stock price up for ego and at the advice of their lawyers who make $ doing the paperwork, and all it does it put air under the price for the shorts to profit from.
The action of the past few weeks has been the heavy holding funds moving out? This whole testing process isn't exactly leak proof and these major holders sometimes get their information shall we say a bit early.
Next insider/institutional report will be interesting, but too late if this is the case.
Maybe I just don't get it anymore. Both sides use the rules to enforce their wills. Both Obama and Boehner have dug in with their positions and refuse to budge. Yet, the media has decided Boehner and the Tea Party are wholly responsible for any adverse outcome. How does that work? Seems they all should get equal "credit". And BTW I'm in Tea Party corner. Something has to be done to control this monster and starving it seems the only path left.
Is there anything else you morons can blame on the Tea Party? How about the crucifixion of Christ?
I guess there really is no cure for stupid.
With the path that these retail stores are on unless they get a marijuana license nothing's going to save them.
I'd suggest you read their 10K for the legal costs that INCREASED by $3.8 mil from 2010 to 2011 and INCREASED another $6.4 from 11 to 12. They don't seem to disclose the absolute numbers that getwrapped up in administartive exp. Lawyers aren't cheap, even their ineffective ones.
Ditto for revenue and the bottom lines, they're in the filings
And then there are Wheeler's comments saying no novel product until the end of the decade ( I erred in saying century, but maybe that is the closer date).
Why you cult folks ignore filings and statements from the CEO in favor of your version of reality escapes me. And then there's the stock price that must be being manipulated downwards by some evil empire.
We'll see what happens over the next couple of years, just from diffent vantage points
Finally threw the towel in. Looks like Lovenox will fade away to nothing, millions being spent on Copaxone suit that's about a 100 to 1 shot of being reversed, and no novel products until at least the end of the century.Seems like nothing but bleeding and downside until Copaxone hitsthe market in 2015. And by then there may be 3 others competing
I too had a good run from the $20's but bailed in the mid $40's missing the last few bucks. If it gets back to maybe even the mid $30's with decent earnings it'll be worth another shot.
Everything is cyclical and each dog has it's day. Folks holding those long term treasuries "for safety", I think are in for the worse shock. Sort of ironic how the safe hevens so quickly become dangerous. Liking the banks for 2013. Big ones have cleaned out their problems by taking the hits and dumping their junk on the feds. And the new regs will kill the small banks giving the big ones the whole market. And to think where they were a few years ago!
VZ is not alone in this, but paying $2 divi on $1 of earnings and selling at a PE of 40 because it apys a dividend has run its course.
Why not buy AAPL or something else at a PE of 11 and sell a share or two when you need cash?
Those who bought at $49 "for the divi" have already seen the next three years divi go up in smoke!
Send me $1000 and I'll send you back $100 each year (10%)...., that is until I run out of cash .
Interesting coincidence about the short positions, they double and magically V reports a bad qtr. Seems to happen a lot.
Keeping my powder dry for a bit concerned that it may be short covering that's supporting the price.
Looking to make short term trade if it dips down closer to $7 and look for a bump to upper $7's. Wouldn't hold it long into next earnings with someone elses $. Who knows when China might declare another holiday.
You have Hunt with 25% of the company, and the institutions/funds with another 50%.
In institutional holders seem to be reducing where they can, but they can't really get out as there's no one there to pick up their stock. It's MAAD if they decide to sell at any price.
Be interesting to see the revised numbers after the dust settles on yesterday and presumably today's resetting of the table.
Who was buying yesterday's dump? Did the stock move to retail hands or were the big guys buying from the retail holders?
Can't understand why a company that's 70% owned by institutions can keep this guy on.
Of course if they move him out that'll create another down leg but what's the choice?