The time to short was over $34 now the stock is near $33 after earnings but it's early. If it gets over $34-$35 today then you can take a shot. I don't think it gets there but with this market who knows.
This was a very good quarter....nice beat on revenue, EPS & SSS. In this market let's see how they treat the stock today. I am surprised they did this well considering the way most of retail has been working. $33.30 the high so far in the pre-market.
Possibly if you have another flash crash at the open. Never fear the DTV deal will be a game changer.
Bad time to acquire any company. Buying an energy company at energy price lows usually is a good move but at such a bottom it seems like they are overpaying. I think that could be why they beat SO up a bit more today. I just wonder what Fanning is doing with SO.
Believe it or not if he runs he can win. Not only voters know who he is but he is one guy, a veteran who is able to work with both sides of the aisle. I believe the GOP would actually work with him based on his ability to see both sides unlike Obama. Sadly his tragic family history might actually work in his favor as a positive as a survivor and by gaining sympathy from voters. Yeah he makes a dumb comment from time to time but what politician doesn't?
on so many stocks. The lows on TSLA,ULTA,CVS,JPM,VZ and many more. Now I said on Friday watch MU's action the next few days and if it holds this near $15 level it may be a bottom. If I was short I would have covered below $14 this morning. Just my take.
SO and Fanning may have overpaid while commodities are imploding. Possibly this acquisition is fuel and a hedge to power some of their plants I don't know but they are driving SO into the ground it seems for investors. It would appear the only thing SO has going for it is the dividend but as shares drop the so do gains for those who bought higher for the dividend. I sold all my shares average about $46.70 near two weeks ago it makes me sad but I had a feeling this was coming. Back near the 52 week low I will nibble again if it gets there. I owned this for decades and it makes me sad not to own it anymore but I still believe Fanning has to go this guy has not really rewarded investors.
It was down 8 1/2% earlier somewhere in the 7+% area now this is the morning session there is an afternoon session so who the hell knows what will happen but our futures are down huge at 11pm ET.
Our futures are following the Asian route right now. It will be a vicious cycle until it stops whenever that is.
Have you ever seen the move from 1990 called "Frankenhooker" there are exploding #$%$ who smoke a super crack in the movie. A mad doctor uses the body parts to rebuild his girlfriend after she is cut up by his automatic lawn mower. It will be on Showtime 2 at 2:30-4am this Monday morning. DVR it if you can it is great.