If you want to unload shares....I am looking for $7.05 to buy
You should buy when the volume slows down after the offering. I bet you will see six and change next week, maybe even today.
I had a first time buy this morning @ $7.80, just my luck. The good thing was I didn't bet the farm since it was one of many stocks I was buying with the good Oil profits I had today. I will just buy more AFTER the offering is over and the market makers stop holding the PPS up around $7.25 which is the discount price the underwriters are selling the stock. Almost 6M plus another almost 1M shares as an Option to the underwriters is a VERY LARGE Proportion of total number of shares out there.
Stock offerings almost always hurt the stock short term but long term they can be a good thing. Most of the time after the offerings is over the PPS will drop lower for a short term when the market makers are gone the the market sets the true value. I'll try to buy more @ the bottom and you can tell when the bottom is near by the lower volume which means all the traders and the people that wanted out are out. Good Luck Longs !
And that's without the Middle East blowing up and the way Obama and the do nothing White House works that could happen anytime while the idiot we have as a president is worried about the weather.
SN WILL fly again . We just loss our pilot. Lucky we weren't on the east coast. Check out "cornfield bomber" or "F106 cornfield bomber" in u-tube..
All we need are a few repairs.
On Tuesday, Goldman Sachs updated its outlook on crude and shale oil for the next five years. In particular, the firm is projecting $60/bbl WTI crude oil prices in 2018 and $50/bbl prices by 2020
You better check on Goldman Sachs because they have been wrong ALL THE TIME AT EVERY TURN ! When Oil was in the 40's they said it was going to 20. Never happen ! One of the analysts on FOX had a list of all the times Goldman was wrong on OIL, BIG TIME.
Name one time when G.S. got it right .
As for this years top being 60 bucks, we are only 5 months into the year and it's already in the 60's.
try 70 or 80 in the next 7 months and this stock will at least double by then.
Never believe Zack - no good. Sanchez go down, down, down.
I believe it to the point I pay for every year for the last 8 years. They do not sell, hold, buy, or promote ANY STOCK. They are paid by investors like me to serve our best interest only.
The upgrades at ZACKS are base on Estimated Earnings upgrades and SN has 2 in the last 7 days and 4 in the last 30 days and no downgrades. It's one of the few OIL stocks with a BUY rating.
I will never understand this.....I just bought 1000 at market and was filled at the bid price
Why is that hard to understand ? If you have a first rate broker they will get you the lowest price even if it's lower than your limit price. There serving your best interest. I had 3 brokers and TD many times got a lower price for me, sometimes it happen at E-Trade, and it NEVER happen at Schwab.
That is all good information but my gut feeling tells me something may be wrong. It has been over a month and a half since the end of the quarter and they have less than 2 weeks before the release. They know what the earnings will be and with the stock dropping from 13 to 11 in 5 days on heavy volume, I think some others know too. The one bright stop is this quarters estimated earnings has gone up.
ZACKS dropped the rating on SPCB from Buy To Hold 5 days ago then the stock was $13 before the 2 dollar haircut. This may be one of those, " the little guy is the last to know"!
Nobody is going to buy LF . Michael Milken and family control all the Class B shares which have a 10 to 1 voting power. If he doesn'''t want to sell, and he doesn't, control of the company is his. He set it up that way.
More than 75% of my screen is now lit up with IGNOREs
You guys that brag about your great power of using the IGNORE remind me to the kids down the street . I don't think you guys realize how foolish you look are maybe you are kids !
There is only one reason to use the ignore and that is if someone isn't being civil and starts name calling others they don't agree with. If you are a GOOD investor you ALWAYS want to know the views on the other side. Maybe you're missing something. You need to realize their are 2 sides to every ballgame, the Longs and the Shorts and BOTH SIDES have a right to make money. There is nothing wrong with either side , one is not evil and the other is good. On a level playing field everyone's views are important.
You don't understand, there is no clue. ZACKS is run by computer models not opinions.
To give you the advantage, Zacks checks earnings estimates issued by 3,000 analysts from 150 brokerage firms. We monitor more than 200,000 reports, looking for changes.
As soon as those changes are discovered, we pass them along to you. They're reflected in each stock's Zacks Rank: #1 Strong Buy, #2 Buy, #3 Hold, #4 Sell, and #5 Strong Sell. This doesn't mean you can profit like the pros. It means you can profit better than the pros.
ZACKS does not promote, sell, hold, or buy any stock. They are paid by investors only and serve only their best interest.
In the last 3 mos. INSIDERS know the Earnings and Revenue were bad and they were selling while they can.
You can check out the FACTS on the Nasdaq Site under "insider trades" for RAD.
RAD ratings continue to go South and will continue to do so until this quarters release is out. RAD is only pennies away from the open on JAN. 2 For the YTD RAD has been a wasted investment only making money for the day traders which very few people can do because they trade on EMOTION and GREED which good traders don't do.
Finally some analysts are changing their rating on RAD from hold to Sell.
At TD Ameritrade Market Edge rates RAD an AVOID and Research Team rates RAD, REDUCE, in addition Jaywalk Consenses as 2 SELLS on it.
Looks like the analysts are coming around to the poor performance of RAD now and in the future. 4 downward earnings revisions, the PPS going NOWHERE since the beginning of the year. You don't need a 2x4 in the head to figure this one out.
Consolidating Healthcare Industry – A Major Threat: Over the last few years, many healthcare companies have merged to form a larger enterprise. As an enterprise, these companies enjoy greater power as well as cost and pricing benefits. The merger of Walgreen and Alliance Boots is a recent example of such alliance, which will together generate annual revenue of over $76 billion. Continuation of such a trend will reduce Rite Aid’s bargaining power, thereby resulting in increased pressure on the company’s products and services prices. To compete with such large enterprises, Rite Aid will have to either increase its revenue streams or reduce costs.
Uncertainty Over Future Growth Prospects due to Slow down in Pharmacy Sales: In the United States, pharmacy sales growth rate has slowed down due to longer FDA approval process, drug safety concerns, loss of individual health insurance and an increase in the use of non-brand drugs, which are less expensive but generate higher gross margin. These factors may undermine the company’s performance.
Competitive Risks: Rite Aid’s generic drug sales are adversely affected by Wal-Mart’s strategy of entering the retail generic drug market. Due to Wal-Mart’s wide array of manufacturers in India, Israel, and the U.S., the mass merchant offer generic drugs at a discounted price compared to its rival companies.
This Quarter's earnings revisions 4 REVISIONS DOWN , 0 REVISIONS UP !
NEXT Quarter 3 REVISIONS DOWN, 0 REVISIONS UP
Money invested in this stock is DEAD MONEY !
The DEBT will KILL RAD in the end !
Check my Zacks account @ 0220hrs and the Zacks rank on SN was raised to a #2 BUY, didn't expect that after the earnings report but I guess Zacks saw something they liked.
It has a good earnings. Believe it should hold at $74 tomorrow
JUST GOOD EARNINGS ? They have BETTER THAN EXPECTED Earnings, Revenue , UP the estimates for next quarter , this year and next year. Guidance was increased for everything. It doesn't get any better than that. QRVO should close at least up 13% to 16% , $78 to $80 ! We will see the 80's by next week.
.36 for the year would be about a 4.5% gain -- not a loss,
Hey the day ani't over Rad is the usual RED today !
What's 4% ? I expect at least a double in a year or I don't hold it. So far I have more than doubled in a number of Oil stocks in less than 6 months. I hold many stocks like NLS than was up 18% yesterday and you can add to that today. 4.5% is a joke for 5 months ! If that's your speed than hold it. To me you're just tied up good money.
Tired of the stock movement, Tired of nobody, including myself, knowing what is going on and what to expect. At least tomorrow we will know what the trend will be or at least have a good idea. GOOD LUCK LONGS !