Yeah I saw that too. He was the chart to $15 guy and now his firm writes this. That tells me his hedge fund brothers are now short AA. They ran it up big the day after his show and it has been down hill since. You have to love Cramer he "helps" the regular guy.
How's AA doing? This stock was going down when the market was going up now that we are probably in the middle of Sell in May I see an $8 here. Man you keep yapping but you are just plain wrong here which makes you a fool by nature...by the way born in the Bronx, NY and I own a nice home and piece of land in Westchester County, NY for almost 25 years now. My property taxes are probably more than what you make in a year of trading or investing. So you can hang out with the pigs and cows I can just imagine what you do late at night in the barn when nobody is around. I tried to be nice to you the other day but you are a cry baby when you are losing money and you resort to name calling which makes you a FOOL!
The market may be right about HTZ and CAR but this market is far from always right since it has been juiced by the Fed and not earnings. There is a reason the 10 year is at 1.70% the bond market is almost always right.
$5 I think so if the Fed hints at raising in June but that's a big if. Right now this company has a serious negative vibe attached to in time that will leave and buyers will step in at some point.
Looks like sell in May may have arrived this week. Let's see how long it lasts. So many talking heads on the airwaves about how great earnings will be in the back half of the year. There was actually a guy on CNBC earlier who said the Fed's actions will lead to a 3-31/2% GDP later this year. I almost fell off my chair. Did you see where Yellen sent a letter to politicians that she is actually considering negative rates? This is where seniors and savers truly lock themselves inside and only buy groceries.
Some of these "great name board members" or execs should be investigated by the Feds. Maybe in time some perp walks should occur but that will never happen in this market and judicial environment.
Possibly some holder is exiting and the market knows that's what this usually looks like...possibly Icahn has had enough. Somebody's leaving or we will see a story tomorrow.
I can wait I think oil may have topped in the near term which will affect everything. A few more down days and maybe AA is near $9. I'm gone for now.... Good Luck to all here even you nb!