If so the sales numbers may be temporarily inflated. I don't know if it will hurt earnings but it may show up at some point down the line or result in slower sales months from now when the majority of the recalls are done. Who knows how this will play out but for now their sales numbers are doing OK.
Looks like above $38 there is some resistance for now. Maybe it needs to back and fill to get higher. A big positive story would break this through $38 to higher levels but that may take a bit of time. It is up $5 from the first recall news not bad.
This was a better move for RAD than I thought today what really helped was Cramer's final pump five minutes before the open. The real test will be the next couple of days to see if they build on this or if this was Cramer fluff. Today's RAD numbers were good but not off the charts so next week will be key for shares going forward if they can get to $8 they will retest the highs if profit-takers come in early I think it languishes back near $7. Just my take if that's OK....enjoy the 4th and remember our family and friends who sacrificed for the best country on this planet.... Happy Birthday USA!
Cute........these jobs being created do suck it is sad the divide in this country grows larger each day.
His hedge fund pals are now shorting this from $7.62. Let's see where this closes today I will guess $7.40-.44. This may have been Cramer's final pump for his brothers to short then drift lower next week when Cramer goes silent on RAD.
I'll take another call it's OK like I said very few investors place their faith in these groups any longer. It's like an additional piece of research on their desk where in the past it may have been a crucial bit of news. If the world and China grow materials go higher. Shares were near a buck lower when they made the call. Yeah Walter has problems but stocks do eventually make bottoms and it may appear Walter has made one.
Earlier than I though which was late July. If they sell the China unit to $34 plus I believe. The refinancing they did yesterday was a good deal as far as cash flow and at very low rates pushed to 2019 very smart on Joly's part.
If we see a nice correction in the markets now that we have reached 17,000 and that's "if" I think the post earnings area near $31 but it may be hard to get there since so many TV people keep talking about. If no correction maybe high $32's.
So far the market is not impressed you have to watch the 10 year they seem fixated on low rates. Currently 2.678% for me good news should be good news but the market is hooked on the sugar. It is possible it is a sell on the news we will see. The futures just did move a bit higher now but I'll bet they pull back before the open.
it seems the market so far is not impressed the way the futures are acting. Yes we are at all time highs but the market once again fears the sugar bowl being reduced. With Helicopter Janet the Fed is going nowhere possibly the market priced this number in we will see by 1pm.
I trade RAD and actually owned a lot of shares from $1.60 and sold last year. I guess I'm here to voice an opinion like others but obviously I am here for an a new additional reason to ruffle people's feathers like you. I don't fall in love with a stock or stocks I just rent them or own them for their yield. Take a valium and try not blow yourself up tomorrow.
Ouch that hurts are you in over $8 also? Man when you voice an opinion on almost any board, which these boards are for, that someone does not like you become a moron, Ah, Dh etc. instantaneously. I just suggested that if you listened to Cramer weeks ago and bought you are under water and that's a fact and that people considering buying last night should wait for the jobs number today. Try not to lose any fingers on Friday....OK!
The only news I see is that Canada's car sales hit a record in the first half of June but if you read about GM's Canadian numbers they declined 15% (cars down 12.1% and trucks down 16.1%). Fast Money nor Cramer said nothing about GM so it must be something else but it is on light volume tonight and the bids are dropping. The first trades over $38 tonight were at the same time I saw this Canadian news story come out. If that's the case investors need to read the article not just the headlines....sad.
He's trying hard again tonight comparing the three drug stocks because he screwed up weeks ago. He is still pumping a stock that guided down. He moved it a dime....Go Cramer! I haven't traded RAD for a week or two but he is finding any reason to pump this please be careful tonight with the afterhours trade with the jobs number tomorrow. Cramer was pumping the airlines all day yesterday then look what Delta did to the three big ones so please be careful. I know Cramer and if this final pump does not work he will abandon RAD on his show for awhile. I'm not in RAD at this time but wait for tomorrow to trade this until after the jobs number. RAD has acted poorly lately based on what they said weeks ago and the market will focus on that until earnings. I will guess it will end up .05 by 8pm.
$31.44 up .47 after yesterday's weakness in a strong tape it kind of came out of nowhere possibly the big (281,000) ADP jobs number. I guess if more people are working there is a possibility more dollars get spent and consumers seem to prefer gadgets over clothes these days. Tomorrow is the real jobs number and ADP has missed before.
Why not 80x? Let's party like it's 1999 yeah! MU is cheap but stocks do need to consolidate when large moves are made in short amount of times. It's not uncommon.