I read more they said they will now keep investors informed on the SSS and credit stats on a monthly basis which is a good thing. I would guess that's why they created the new oversight position after their last earnings release. It is about time since they have had multiple quarters of credit issues. That $14.02 may have been the bottom unless they somehow have not gotten some grip on this credit problem. The weekly chart to the right does appear to be a good sign.
Is that a normal trend or maybe there is some good news coming? We'll know in 10 days.
Yeah I posted that a few times recently that that is a big problem the insiders own next to nothing of this company so why should they really care?
Won't happen at or near $10 if it did I would be overjoyed! Too much debt on the books that will take time to work down if at all possible in conjunction with demand picking up (??) and the GOP actually making a difference somehow. When the GOP won in November Walter was rallying until that analyst call about bankruptcy in 2015 along with many longs dumping for tax loss selling. There is a good article here on Yahoo about bargain stocks and selling them by mid February and Walter was mentioned. The best I could see is $3 plus by then on that theory then it will probably fade again.
I am wondering if their attempt to attract the competition's customers by slashing the cost of plans will slow down churn or actually add customers but at the cost of margins? Will the market look at the possible additions as a positive despite possible margin erosion based on the premise of an increase in total revenue. Just a possible scenario based on all the commercials I keep seeing and hearing on the airwaves.
I think we see WTI in the low $60's by then with anticipation of an OPEC production cut by early Q2. If OPEC wants to remain relevant the will be forced to do so.
The shares are acting like one has along with ODP's shares also. If nothing happens in early 2015 where do the shares go? They have moved from under $12 to over $18 in a short period of time....Happy New Year!
Doesn't UPS have their own stores with mailing supplies? While FedEx is with Kinkos maybe the USPS will drop by.
Yeah I was not really watching then straight up. CONN's tends to sometimes have these fast rallies out of nowhere especially after huge drops like the recent one.
Of course that is possible but if you follow CONN's after these big drops there are those couple of day rip your face off rallies that usually show up this may be one who knows. Be wary of shorting a now value stock after a tremendous fall. I short a lot but I would short CONN's only for a trade on a daily basis if you can even get the shares.
That may be a good sign with the way oil is down big today based on last nights and this mornings oil numbers with very big builds. Of course the trade seems to change day to day also and one must be wary of the downgrades here near the lows which Wall Street firms love to do.
I would guess the combination of their numbers and WAG's numbers it appears the gas tank may be running low without any new news or upgrades. Their monthly SS numbers may be the next catalyst I got out yesterday from the buying at the lower levels for a nice holiday gift I will hope for a market pullback there is always one especially after the 1000 point move in basically a week. Consolidation is healthy....Happy Holiday to longs and shorts!
I would not cover add more shorts over $20 energy is getting hit big again today and I know this is an offshoot of actual energy being they run the tankers. This was a artificial pop for Cramer's hedge fund brothers to short for an additional holiday gift. He is so despicable he knew this is a lightly traded stock and this early big move could happen. Why would he recommend any stock related to any energy when he has been saying energy can still go lower? This one came out of nowhere!
Today is light holiday volume which allows the market to move shares even more. Two things here today is the ex-date and will this be a double top at $18? This looks like a good short after Friday the record date. It is all about a possible merger at this point the shares were near $12 not too long ago. If no merger appears the shares will fade I believe. It seems clear that buyers are in this for one reason and it's not fundamentals the businesses are actually bad for all the majors in this sector.