On Oct. 27&28 he sold near 220,000 shares. Him and Joly sold a lot of shares late 2013 when the shares were near those highs in the $40's. Just a heads up in case these guys know something again about sales or their business. They sold months before the shares got cut in half in early 2014. I'm out of BBY over a month now so I have no skin here but just keep this in mind while the shares are climbing again.
Bought $31.06 sold $31.49 the first drop....bought $30.96 sold $31.40 the second time. In and out is fine I do not trust this market until it settles down possibly in November when a lot of funds close their books soon for tax purposes. Was it Samsung's report that hurt MU today? Possibly.
3 million revenue miss which is not that bad....all in all it's a slight improvement. Imagine if the slashed or eliminated the execs pay that would help EPS for the next report. These guys should be working for nothing at this point.
Pharmacy up 7.1% pretty good too but I'm sure the market will find a way to turn it into a negative.
One more thing SO got two slight price target raises this morning. I actually may try to trade some her if I get some in the $44's I already own a nice amount for years re-investing the dividend.
Down big early here in the am. Earnings were good so you subject the ex date today and it appears the market is freaking out about the Fed possibly raising rates in the spring. The funny thing is the Fed is not raising anytime soon and if they did next year it would be .25 initially. The market is freaking out about a 2.3% 10 year....amazing!
CVS shares have done nothing but go higher since they announced the cigarette ban. Rite Aid should have got on board with the Apple Pay that will bring many customers in who want to simplify their buying habits. It will give the I-crowd another place to shop.
The economy can be bad but you cannot remove the sixth finger from almost every human on this planet along with the billions who live on their computers at home and work.
It would appear they forgot how to do a conference call. When you say spending will increase more than analysts were expecting you do need to break those extra cost down so those analysts can model it into their new estimates. This was a monumental blunder to the tune of about $20 billion in market cap with the shares near $73. I've been nibbling in the $71's and $72's. If they explain the expenses to the street tonight or tomorrow this may get back to $75 plus tomorrow. But boy was this a dumb move throwing out a big expense number without details. It would appear these execs have become a bit full of themselves for now and this may humble them a bit going forward.
I'm not In TWTR but will be watching to see where this drops to. This stock can be shorted down here as of Oct 15th there was less than 5% shorted which is not really a lot and this market can be ruthless especially on big down days. If it gets to the mid to upper $30's I will start nibbling.
Buy the same amount at $36.31 so your average will be $49.31. That's sounds like you can get out by year end at that price or buy tons of RSH and recoup your losses....no?