nothing as usual. If it was at $35 you would not stop hearing about it. This is a pretty bad management team not being able to execute over and over is such a positive rental environment similar to what the airlines are experiencing.
Two days in a row it closed pennies from the daily high....good sign for now. There were two talking heads on CNBC who were singing about BBY yesterday and it stabilized and went higher when Dominic Chu from CNBC mentioned how it was lagging this year and a floor specialist was telling investors late in the day to buy it because it was cheap. Maybe it mattered it who knows?
Plan offers to only new customers that's what they all do. Verizon does that all the time. It may be a smart strategy if the old customers stay and increase the subs with the new people. The quality of service will determine where the business goes.
Remember most of the street figured the deal would not happen based on the AT&T experience a few years ago. Funny thing is Sprint rallied initially after their last earnings report which was not that bad Sprint has issues and at a point like this which Best Buy did in early 2013 with Joly you have to start cutting costs across the board to survive. Hesse spent large especially on himself and that's why a lot of employees showed up at his farewell party.
Downgrade the stock when the price cut news comes out when the rest of Wall Street knew this was coming. I would love to see this call create a bottom and see the shares start to move higher. This is why a lot of analysts are useless. Where were they at $8?
hedge fund brothers were buying over $90 and did not see today coming in a good rally thus the rant tonight. The next couple of days should be interesting relating to MNST's movement.
Good trade remember the drop about 11 days ago to $29.30 I said that day people who bought down there would be happy in a short period of time. The question is does it have the juice to get to $33 quickly. The Goldman analyst kept MU from breaking out even more today. The best part is the guy has been wrong on the sector for quite awhile now.
Better check the current US debt and projections compared to just a few years ago. That's why you don't hear the GOP complaining about spending anymore except when it comes to Obamacare which was their biggest defeat during his tenure. He reduced a lot of the debt on the back of the GOP's pet project....Defense Spending.
Downgraded the semis but the analyst has been negative all along and has been wrong so far. MU isn't so much a semi anymore but it does get lumped in with the sector.
To some extent but the Fed and Congress are the major players in the wealth class division. Ask a senior or a saver how they are doing? President's in reality affect policy less than lawmakers in most administrations.
If Russia/Ukraine dies down over the weekend and markets continue higher that chart looks like steps heading higher. I would think MU will test that $34.85 high again soon. Putin is the key for now and Friday proved it he even trumps the Fed for now.
You can blame mostly all politicians for the many problems in our country they all suck but no matter what the party you cheer for the market has rallied some 10,000 points under his time as President because of and despite of his policies. History does show the markets do better under a Democratic President and those are the facts. I voted for him but after what happened to this country the prior 8 years I would have voted for a block of wood instead of the next Bush. I would not mind a Republican in the White House next because I think the markets would take off after that election however after the GOP deregulates across the board again it would be just a matter of 5-7 years that we see the WS crowd and bankers do what they do best....destroy economies. Look at it this way it would create another generational low buying opportunity like in 2008-2009.
A week later and the shares have rarely passes that level. That trade was probably a big player and may have something to do with the action lately and they may be still pressing the stock along with HGG weak results. On the other side of that is school is coming along with the holidays. Usually retail stocks pick up after labor day but BBY still has to report before then.
Traders are luvin' it. OVTI will be back over $28 soon.
I'm buying $27 and under. Of course the deal must happen but I still think I read $29 in cash. When the machines flip to reality this will be back over $28 quick.