Nice short squeeze on any news it seems but how come you post only when the stock goes up? You were MIA the past few days. Lets see where this closes today and if it holds the bulk of these gains.
It's expected to be a tax free separation. I do love the line from the President and CEO John Tague...."Over the course of this year we have put in place a highly capable senior management team that is ready to successfully operate and grow the equipment business, as well as run the publicly traded company, based on decades of experience" Has this guy seen his shares recently?
You would have thought shares were finding a bottom at $21 but this is being dumped like crazy now even with Jan, WTI flat now but the Feb. contract is down a bit. $20.55 low for now but each time it move higher it gets hit. The key now is if the market sells off how bad will CLR get?
The problem with ANF opening up stores in that part of the world is that nobody will see their logo it will be buried under layers of clothes....Why Bother?
What do you think? The MS upgrade yesterday suggested that much of the bad news is in the shares already and this was a good entry point. Possibly but this is a punishing market and MU had better at least meet and give decent guidance. They did say that the remaining Inotera purchase the other day would be accretive to earnings whether that plays into guidance we will see.
How did that expiration work out? If you have good gains in this market you have to lock some in at some point for if you give the market enough time they will be gone.
Along with the pregnant women, HIV patients and myself we are just s thrilled that Marty is now home at his fancy NYC apartment. We hope he enjoys the lovely furniture that surrounds him now for he will be living in a more simplistic environment with different neighbors in the near future.
I suggested twice sell the stock at $27 or better and said you can always buy lower in this market guaranteed. On this near $2 drop like this the past two days you kick yourself that you did not sell. This is the second near $2 pullback in ANF in the past week or two.