W was protecting Texas in an airplane courtesy of dad wasn't he? Except for the 6 months when they could not find him. Nobody is better than Cheney five excuses including two on purpose pregnancies.
Each IRS under any president no matter who has targeted specific groups especially if they support or give money to the opposing party. This is not new except you have "grand theft" Issa screaming bloody murder.
Putin at it again always before the weekend. What a POS liar why does the world put up with this guy other than for energy to Europe? Maybe a pullback in general is needed at some point the markets have been up almost straight for 3 weeks. I would bet market buyers will come in before noon or at some point
Shares are still going higher for now...maybe you're at the wrong BBY. This has become a seasonal trade for retail. The retail stocks get bought around Labor Day and sold in early December. Walmart's TV selections are pathetic and they are usually out of the sale items people want.
The past two days it has been moving higher on healthier volume whereas the general market had the lightest 4 days of the year up until today. This is starting to look like the 2013 move when the HFT's were owning this stock.
Have you been paying attention to Walmarts sales, statements about their low end clients and do you see how many and what kind of TV sets they have slopped on their wall display? It looks like a 5th grader designed it. The rest of their electronics amounts to a handful of half isles. When you want that "cheap" model it is usually not there then you have to go home order it on line and have it sent to the store then go back to the store. That is the Walmart experience. I buy my propane, car oil, tubs, pet snacks and advil at Walmart. Best Buy's shares may go up or down but Walmart is and has been a disaster the past few years. The stores are old, disorganized, sloppy and in need of a makeover.
Is the silence from their board the reason it has traded well below that $29 offer? The earnings were good giving it a boost today but it had been hanging above and below $27 until the earnings. I sold a batch last week at $27.88 so I am out but I am curious about the weakness. Possibly if the deal did not happen it would head back down to where it came from so the share price was hanging around the middle awaiting news on the deal. This is a strange buyout.
I've been watching this move it is insane. I'm kicking myself almost bought under $48 in the pre-market. These are momentum guys and sometimes they leave as fast as they get in. The afternoon should be interesting.
The question is: is this a lot momentum guys in here then it probably will pull back. If it's growth guys they may hang around like I said this afternoon will be interesting.
Thought it would have been up more based on the +22.58 Nazdaq. I'm still wondering if this will be a sell the news event. If the Najarians and Adami stop telling people to buy it may actually fade. Next week may give more info about the IPO I suppose.
Either way despite good earnings they bring the shares back near $27 like a magnet. Must be arbitrage guys running the show for now. They will probably keep it somewhere near that mid point so whichever way the deal goes they can pound the shares hard in either direction.
It has had trouble getting past the mid $32's a few times recently. It may take a better earnings report or the combination of Putin ending the garbage and Draghi finally following through with action in Europe to push global stocks even higher. Considering the drop the other day not a bad week.