During a couple of days Morgan Stanley manipulates price of 2 stocks when they have good news:
1. TWTR: 2 days ago when twtr got a contract of streaming Thursday NFL and price went up.
Instantly Brian Nowak, an analyst of Morgan Stanley downgraded twtr and gave TP between 8 -16. TWTR price was down badly in premarket but recovered and up again.
2. Today when ICPT got approved by FDA Advosory Committee 17/0 about OCA and icpt price advanced to 182 premarket. Again Morgan Stanley analyst Andrrew Berens downgraded icpt and lower TP from 100 to 80 that made icpt dropped from 182 to 147.53 in hour. ICPT was recovered a little ever since. I guess Morgan Stanley must hold a huge short position of icpt, so they has to do a dirty job like that.
With FDA approval I believe icpt will move up from now on despite the desperate effort to hold down its price by short sellers.
Look at MAJOR HOLDERS IN Yahoo finance we can see Morgan Stanley is the top holder of twtr with more thaN 34 mil shares. Do you think Brian Nowak, an analyst of Morgan Stanley wants to shoot his boss at the foot by downgrade TWTR?
Beside TWTR just got streaming Thursday NFL. Even a kid know this event will definitely increase TWTR users.If other media stock such as facebook, netflex would get this contract, their stocks will jump 5 - 10 dollars.
The only reasonable cause of this anaysts motive is to help his boss to get more twtr with lower price.
DON'T FALL IN THE MANIPULATOR'S TRAP.
Because they're out of favor of Wall Street. Crooks want to keep price low until they load enough shares then they'll upgrade twtr.
This is the way crooks make money. They make every think that TWTR loses money loses customers and on the verge of bankruptcy. The fact is twtr still has profit and gains customers (of course not as high as the numbers they expected).
On another hand, some their favorite company such as goldman sach that lost 60% profit and its price is up.
Hang on and buy more because twtr will come back strongly soon.
TWTR is down badly today because the amount of option contracts call of $16 on Apr 1 2016 (today) alone is more than 10,000 (more 1 mil shares).
The MM try every thing to lower price under 16 so they can pocket mil dollars any options call equal or above $16.
No one cares about dead dog. But Wall Street talks about twtr every day and tries to lower its price. If they really think twtr is a dead dog why should they care about it?
The easy answer is they know twtr will go up big and soon and they try every thing to get twtr shares with cheap price. The smart investors shouldn't sell twtr. They'll get big reward soon.
Normally when a company has a new product or has another company who wants to buy out, its stock goes up. It's not the case of Perrigo. Do you think a change of CEO and a lower earnings makes a well established company such as Perrigo goes down from more than 205 to 95? The answer is NO.
So, the only explanation is this is a Wall Street scam to push the price down as far as possible then they can buy cheap shares. When they finish buying they will raise price or sell to Mylan with a huge profit.
I would like to remind you Perrigo is a well established company, founded in 1887 with 13,500 employees in Dublin, Ireland, not a company just IPO.
On April 6 2015 Mylan wanted to buy Perrigo at 29 Bil ($205/share) and Perrigo rejected because they said it's too low if compare to company value.
On April 27 2016 after ceo resigned and announcement of lower earnings, the price dropped to 97.50
What's a difference between a year, their value is cut more than a half.
Can any one explain why?
This also means big boys sell large positions and buy small positions to keep price stable so they can liquidate or short large amount of shares with huge profit and small investors hold the bag.
No. It'll open when the conclusion of the FDA Advisory Panel is reached.( recommand FDA to approve or require more data about OCA.)
As far as all of us knew the earnings of retail clothing business are down included on line such as amazone, target, walmart, etc...How can lulu manage to have good earnings? particularly many retails sale the same stuffs as lulu.
Another thing is lulu earnings is not particularly good. why stock price goes up too much. Is it a trap setting up by Wall Street crooks?
Where is money for them to buy back stock?
Any way I wish it'll go up fast because I'm long. Good luck every body except shorts.
Sentiment: Strong Buy