Agreed! What information did he get to make suck a drasitic change the day before earnings????
They remained "neutral" about buying the stock, yet cut price nearly in half!
I wonder how many clients were informed yesterday?
Staples shareholders are staring at the big bag they are holding.
I understand and agree long term, I was looking for possible negative news that had it falling off a cliff in 20 minutes............
Sometimes the posters here have NEW info that is off "the grid"
I was questioning the speed of the drop...not the fact it's possibly over valued..
You last comment was stupid.
Biggest problem is the GOVERNMENT. They have held this stock down from real valuation by MILKING it for years to prop up the Country's expenditures.
Just Grow for Years and lose Billions...that's the secret!
Massive CORRUPTION...Gee! Who would have guessed?
Brazil uses PBR as a bank.
I've worked my way up in the Corporate World (JCP, J&H, Zurich, etc.) and I was sickened how top mgt lined their own pockets with no regard shareholders or Employees. I'm a Capitalist, but it still SICKENS me as I saw the Raw Greed!
The big boys always get the inside info days to weeks in advance!