Damn shame but so many corporations are doing the same. Only a handful of corporations like Google and a few other understand if you take care of your people they will take care of you...it's that simple. Corporate execs can do no wrong and will always be taken care even when they bankrupt their company the boards make sure of that. Look at what IBM did to their retirees a few years back when IBM shares were at highs and they were sitting pretty with their business. They just don't get it!
Unless FE is hiding billions of losses somewhere that ain't happening but it was a nice try. Obviously you are short and that's fine I short many stocks too but these utilities are near 52 week lows from a lack of buyers and recently tax loss selling and it may go on for a bit more but when the yields become too attractive to value investors they usually turn on a dime especially when the bargain hunters show up before year end. Time to cover may be before it gets close to $30+ if it even gets there.
The guy lays out multiple scenarios for MSFT to do and the stock rockets. There are so many "what ifs" in the picture I cannot help but believe this 52 week high hit today will succumb to profit-taking starting tomorrow. Today was a move with momentum guys running it up on a bunch of hypotheticals. First of all Mulally is probably going nowhere and if he did go to MSFT here is a guy who comes from two of the biggest industrial companies in the world and is going to fix MSFT a tech giant. If MSFT is so broken why is at a multiyear high? This rally was so full of fluff that I would guess this will be back near $37 by Monday.
You had the Piper upgrade a few days ago and GS a week or so ago and the rest of WS over the past few months. This is what WS does best slap buys on almost anything with a ticker symbol when markets are spoon fed by the world banks and at all-time highs. Throughout history executives have almost always dumped their company's shares at or near highs. Insiders buy for usually one reason they feel their shares are undervalued and they sell usually for two reasons they have a pre-planned scenario or they know they are near a top. Schulze left himself a window he was to start on Oct 1st through March 2014 I believe. I would dump right into the market all-time highs, continuous upgrades and before fund managers try to lock in gains in the high flyers before year end too. Ironically it's sad that he and some other insiders almost help run BBY out of business yet they are now cashing in big time while shareholders got killed on the way down to $11-$12. Corporate execs always win even when they drive their companies into bankruptcy they are usually cashing in shares over time and end up with parachutes before they are shown the door. Just this past week Thorsten Heins was shown the door after a year plus at BBRY now this was not his fault what happened there but he was unable to right the ship in any fashion yet he stands to leave with a possible $33 million in various benefits....Amazing! (sorry this is so long)
The price action yesterday was crazy. Did the commencement of this phase 2 study of Acthar for Acute Respiratory Distress Syndrome story this morning have something to do with the Barron's article coincidentally you think? Let's see how it trades today. I know smart traders put in stops to avoid losses but this is not the stock to do that with. I guess if you can't be by a screen you probably should not trade QCOR.
Did you notice when the fall really got legs just before and after noon....lunchtime when traders may walk away from their screens for a few minutes.
He said 5x to 16x which is true but he also stated on TV today it's still cheap with more upside due to mispricing. I doubt if it was their clients as opposed to their traders hitting the bid all day long along with Jefferies' happy fingers too. This is how WS operates nothing new. You can bet UBS bought those $44 call strikes and the shares the past few days. BBY is up $3.43 in two days and you can bet it wasn't the retail guy doing the majority of the buying that's for sure.
If that's the case Cramer's hedge fund pals may already be short or will be soon. Cramer is a shrewd individual and yes he can teach any of us home traders or investors a lot of things about both trading and investing but never forget he is a Wall Street insider. If you believe every word an insider tells you then in eleven day sit by your fireplace and wait for the jolly guy in the red suit to slide down your chimney.
It was somebody's fireplace....not a Tesla.
Agreed. Citron is at it again I believe on Twitter. They have been doing this since under $20 yet QCOR keeps beating. I'm hoping for a pop to $55.50 or better.
They have been doing this since under $20. I guess their butts must be sore. QCOR has put out solid earnings and Citron cannot dispute that. I think we may see #$%$ $56.25 close today.
I guess that's why this has picked up lately despite the markets down every day. If the DC clowns figure it out you will see a monster rally this gets back to $65 soon if so.