This guy was swearing that Alan Mulally was leaving now for almost 2 months which kept shares on hold lately. These guys are clowns with their speculation BS.
Susquehanna is a legitimate firm they have been around for awhile. I was buying around and under $21. I sold yesterday at $22.86 I felt the stock was being held up recently for those reasons. I think it can get to the upper $21's today. There will be run at some point this afternoon I hope to the upside unless the Fed mentions taper then the market tanks by the close.
Susquehanna has a problem with their potential Dram fab I would guess is the reason. The article is here on Yahoo. I still believe the market has been looking forward about Hynix coming back very soon prior to this news today. You have two potential negatives with a stock at a multi-year high, the end of the year is near for investors to lock in gains and this was a $6 in January. I think it can get back near $22 soon unless the Fed wrecks things after 2pm.
this stock will always give you a chance to get back in at lower levels. You could see the way this was acting lately that it could not break out despite to "buy" upgrades last week. Just got back in around and below $21. Hoping for the upper $21's or better by the close. That was insane for about 10-15 minutes down to below $21. Bulls you can throw away your $60 targets hope for low $30's by mid next year at best.
What happens soon when Hynix is back into full production? All I keep hearing is about capacity and demand driving pricing and moving this stock. Did you maybe not realize that the market is now looking forward and not allowing MU to break out despite two "buy" calls last week for that reason? I sold $22.86 this morning after buying $22.70-.69-.67 yesterday. Right now I am basically clearing out trades trying to build up some powder. Sold S and RH from yesterday today and looking to sell TMUS and LULU from the last few days. We may actually see a Fed rally tomorrow since they will never taper in our lifetime since they don't know how. It's hard to give up sugar.
I would look for another form of an upgrade tomorrow. The analyst probably already tipped his/her friends. Their is no reason this should be up like this today when so many retailers on my screen are down big today possibly from the bad weather around the country lately. I'm sure momentum guys are piling on right now but if that's true some may leave before the close. Let's see the close today.
The elevator is up again for now which kind of makes no sense once again. Many retailers are lower today in an up tape maybe because the weather will make many discount more going forward. BBY is selling the 5c for a $1 with a subscription. I would guess I-phones are a big seller yet they are willing to give up their margins to make a sale on almost any item it seems to compete with Walmart and Amazon. Best Buy's comps get tougher next year I can only guess the next report may be weak despite the holidays. CNBC discussing this right now about their lack of margin expansion.
If that's the case Cramer's hedge fund pals may already be short or will be soon. Cramer is a shrewd individual and yes he can teach any of us home traders or investors a lot of things about both trading and investing but never forget he is a Wall Street insider. If you believe every word an insider tells you then in eleven day sit by your fireplace and wait for the jolly guy in the red suit to slide down your chimney.
Why not 100? No company is paying almost triple the near multi-year high share price. Put the eggnog down and relax. If it ever happened you may get at best more like a 30-40% premium unless a bidding war ensues. I doubt either is going to happen. MU got two Buy upgrades this week and the stock is having trouble breaking out so why not do what WS does best create some stories of a buyout. I would not doubt Einhorn has been on the phone sparking some of this chatter. I would be nervous buying at these levels especially with the year end nearby and the market struggling to go higher. At this point you could easily see a few firms cut their MU ratings one level going forward. MU is up $6 after the last somewhat disappointing results of their last report. I believe it struggles along with markets to go higher. The Fed meets this week if they hint at never tapering or cutting back on anything then I guess everything is off to the races and savers and seniors continue to use their food stamps.
I kind of agree but CONN's has run up big after the report days ago you might want to wait for a general market pullback and one is coming. CONN's does have growth potential to open stores in more areas of the country while BBY has been closing stores here and abroad. I traded CONN's a few times this year it can be very volatile in both directions over the course of a few days at a time. I do agree with the idea that BBY will have serious problems growing revenue due to price matching and margins are still in decline. What a lot of investors are neglecting is that the forward comps do get a bit tougher and most of this year's gains have been through cost cutting. How much more upside is there with 2/3 of their cost cutting goal has already been achieved? Lately you can see the buyers come in early into BBY each day but there is little conviction late in the session if the market fades like it has been doing lately.
Iv'e been hammering him on here for years. He is still in this to help his hedge fund pals. If anyone does not believe he tips off his family, friends and pals before he starts pumping stocks on the air they are not living in the real world. His charity partner S. Link is well versed by him too. She is the never ending bull on almost everything yet tells you weeks later when the charity has sold stock after still hyping on the FM Halftime show. If any of the Cramerica morons actually believe he is in it for them they are dreaming. My favorite part of his show is when a caller chimes in and says they are down pretty big on a stock he recommended. Cramer makes the same dumb face and says very little in response and usually goes to a commercial. You have to do your own research and follow what feels right about an investment. Cramer occasionally does teach us something we don't know but after all it is essentially a form of gambling with sometimes great rewards and losses also. If investors are not sure just buy quality dividend payers or bond funds. If the shares drift lower you can always reinvest at slightly lower prices over time. It is another way to accumulate wealth in the long run.
Unless FE is hiding billions of losses somewhere that ain't happening but it was a nice try. Obviously you are short and that's fine I short many stocks too but these utilities are near 52 week lows from a lack of buyers and recently tax loss selling and it may go on for a bit more but when the yields become too attractive to value investors they usually turn on a dime especially when the bargain hunters show up before year end. Time to cover may be before it gets close to $30+ if it even gets there.
EPA has crushed the coal stocks for awhile now. Interest rates rising hurt utilities but they have not gone up that much to warrant a drop about $7 in a month or so. I believe some of this additional decline is from tax loss selling and a bit of market manipulation where the buyers leave let it slip lower and start nibbling late December and early January. The EPA does not factor in much here I believe but if that reason makes you happy believe it. FE does not produce coal on the side do they? Most utilities are near a 52 week low but there will be a point when their yields suddenly become attractive enough and that turn happens almost on a dime. They will not get back to their 52 week highs but they usually settle somewhere in the mid-range of the highs and lows.