That was me...just kidding that logic is beyond speculation. Most likely some fund who figures MU may have near double bottomed and is too cheap a these levels.
The rollercoaster is back on the tracks I guess between that news and SNDK today should be another wild ride.
That one is not happening even MU said that yesterday too many government related security issues.
I have two thoughts on SNDK....first they have been reporting poor quarters for some time now so I guess they got their house in order I would guess we will read about some cost controls tomorrow and it may be partially a relief rally with many shorts getting hit. Second as far as MU If SNDK can do pretty good like this I still believe that MU kitchen-sinked the recent quarter set the bar so low with their guidance so if the shares are near $20 or better in 2 more months when they report I bet we see a beat and a move to the mid $20's some time after the number. SNDK over $60 now in the AH let's see the affect on MU Thursday since I think the HFT's raped MU today after AAPL and other earnings last night.
He spoke of the DTV deal as a game changer for AT&T yet the market response has been cold so far. I think and I believe the market agrees he is over paying big time for this deal. It smells of desperation.
I usually don't see these gaps get filled for company's with problems but in this case maybe you are right but the day is not over yet and HTZ can drop very quick we all know that. I hope you are right I want HTZ over $20 again soon and if this breaks $18 today that would be a nice reversal intraday.
I've owned it for many years have been peeling some off lately near $35 and above wish I had sold it all a few days ago especially after VZ yesterday. With the fear of the Fed being a bigger threat than the DTV deal a positive T is now garbage and heading lower. I hope I'm wrong.
I doubt this is Uber people taking profits after a short squeeze run up so now the market wants to see how Hertz does when they report whenever that might be. Global growth is not that great also.
This is horrible action I disagree once again there are few buyers on my screen. This is about slowing global growth and the affect on it's business. Hertz should have held at least $18 after the big run up traders will view this "fill" as bearish.
Market is nervous about AT&T's report after VZ's action after their report. Either way this could not hold above $35 this guy must go he is too busy chasing Sprint's model.
CEO is too busy chasing Sprint's business model of giving money away. Very little of what this man has promised has come true for shareholders.
Dumping in the pre-market now....CEO should be gone after all is said and done even if he shares recover. He was praising this as the save all for AT&T.
All is well former Homeland Security Head Tom Ridge is on the board of directors. This FTC claim according to LifeLock is about an old business practice and not related to current business practices. I think you see $10 or more by Thursday.