Down 5.51% and crude is only down 8 cents?! Have to believe low prices are here to stay through at least the first 6 months of 2016. NG below $2 is amazing! Saudi Arabia is pumping like crazy; Iran and Iraq too. No relief in sight. Sad.
Why not? Biggest company in world with stellar balance sheet. Buy low and when numbers come in all they have to say to the company is 'good job'. This seems to be happening every quarter. Channel checks were wrong last quarter. That said, AAPL is more a value play than a pure growth story.
Sentiment: Strong Buy
Have to think its all about their hedges and the repo market. Nothing risky in their portfolio but 1/4 pt FED increase would help them, IMO
Yep. I remember a couple of years ago when they did an equity secondary and the message board wasn't happy. In hindsight, it was a bold move and is now paying off. I trust Watson but if we stay in the 30 range it could get ugly as everyone's hedges roll off. Drilling to pay down the LOC is needed but then what?
Love this airline. Fly twice a month between NYC and Dallas. Glad they stopped Austin to Dallas flights and now flying to Las Vegas. Q4 EPS may be impacted by Austin experiment. Not sure how much. Cheap fuel will really benefit them as it should other airlines; no need to hedge. Wondering if they have 10 flights a day out of Love like Southwest.
Nice volume today. Averaging down is a good move if their cash flow holds up. Oil back to $40 would help them out. Can't believe GDP is 9 cents and was delisted from NYSE (where AXAS should be).
Good summary. I think the dividend is history. Unless Congress or the courts help them, the stock is not going anywhere. AA has the same issues. Auto have been good to them but if car sales slow, then they have a big problem. Buy the debt here since if they can't service it, Chapter 11 would be the next move.