G.L. with the trades. Got some under $57 too. This looks like BBBY trade yesterday that I was in except that was on poor earnings and guidance and it came back off the lows late in the day. I still believe this will be back over $59 by the close. This guy's leaving a year from now this seem a bit overdone. Keep an eye on the general market if it drops and DG moves higher the bottom is in for today.
Who saw the machines drop the trade from $57.89 to the $57.40's in the blink of any eye Then retest the low without the market moving? Thank God for HFT's they allowed the shorts to make some quick profit then flip and go long.
I am so sick of banks and their crying about regulation, Dodd-Frank and low rates. They are 60%-70% of the reason why we have worldwide meltdowns every 10-15 years. They fund terrorism through skimming moneys to countries like Iran and continue to do so. Banks like HSBC has done it for years and still has been criticized by regulators for still being asleep at the wheel. BNB Paribas will plead guilty and pay a $8.9 billion fine. This is mind boggling that this stuff still happens especially after 2008-2009 where the banks and WS almost brought down the world economy. Equate this to GM's cost cutting at the expense of lives and until these execs are criminally prosecuted it will never end. If me or you acted like this we would be in cuffs.
Sold on that quick pop on some rumors that took the stock over $28 for a short time that day. That was the only time I ever bought RDEN and was stuck in it for two weeks until that pop. My other mistake was not shorting the recent move above $29. I posted here on June 2nd that this stock was a dog and would drift lower unless a buyer showed up. Better call a Saint Bernard because this fell off the cliff....Bow Wow!
Bouncing back nicely like I originally posted. Not trading MU today was tempted below $32 but I was hoping for more of a drop which never came. The refiners are getting killed today on the government export story bought TSO twice at the lows and sold at $59 twice (look at the chart for today if you wanted swings). Missed VLO near $50 above $51 now. Eye balling Yahoo down here near the recent lows but someone needs to wake up the CEO.
This is what the market and analysts wanted them to do. It's a money losing operation and if they can get a decent to good price the stock may move higher again when it happens like when they sold their European operations. This may explain today's move and could be why they bumped up the dividend recently knowing they would raise this cash. Either way it's a win win for shareholders It looks like if it happens.
it happened around 11am a .50 move to $32.40 not bad it still may be a bit vulnerable to some profit-taking if markets go negative.
That would add another $1-$1.50 quick if it was substantial but I doubt it will happen. Of course if it was only a few pennies it may not move the needle that much. MU will save their cash possibly for R&D and they did sound conservative as far as Cap-x during the CC. There really isn't anyone to acquire at this point and they seem to be doing fine with the status quo and WS does have a love affair with the stock for now.
You got to love Wall Street....Walgreens had a decent report but still missed, trades at a well above market P/E (forward a bit higher too) particularly for a defensive play and Jefferies ups their target by $18. I guess with the bigger and better helicopter Janet Yellen analysts will only downgrade stocks like RSH.
Wow that's super,spectacular, unbelievable, incredible mind-blowing news. I just got to have it I cannot live without it. This what I live for it has changed my life....Amazing!