Cramer interviewed the CEO to hear his heart warming story about free drugs for those who have trouble paying for them. There must be so many pharma companies doing business like Linden Care..... Cramerized!!!
They are still in short sleeves....the CEO said they will be discounting to get rid of inventory. I will be stopping by Macy's to see what he means. Shares are being thrown away in the pre-market there were some large blocks on the sell side so far but some of this should have been priced in the shares I believe. I bet you see some buying to the $44's in the regular session.
He had another love fest with the CEO and sucked in more buyers soon after. Cramer will be silent I would guess on HZNP for awhile.
In this market they rarely come anymore. I agree this is way oversold after what the shares have done recently I bought a little (150 shares) near $43 so I'm stuck buy those snap backs just are not there any longer. It will take a few weeks and possibly colder whether to get M back up a few bucks. Remember that conference and the "real estate" play that got shares to $73 I was short a few times in the low $70s wish I still was.
Agree but you have time it may take a few days in this market with the HFTs and algos....just broke $40. There have been similar reports recently where EPS beats and a revenue miss and not even a huge revenue miss like this one but the stocks get killed either way and you would have thought some of the recent share price drop would have factored some of this in but it doesn't matter in this market.
I agree with the HFTs but $42 by Friday I'm not sure. I hope you are right I bought a very small amount near $43 today.
The CEO's words and body language were horrible on CNBC this morning. He is always upbeat and he was anything but that today I think it added to the drop believe it or not. Looks like it may try to get to $41 possibly soon but will it hold or test the lows by the close which is common. $73 to $47 before earnings you would have thought some of that was in the stock but these HFTs run everything now.
If a pick plummets he shrugs his shoulders and changes the subject. We are all privileged to be reminded of his winning picks.
If that happens the Fed sits in December and the market gets it right back after they do nothing. Sad but true!
cuts to sell today....possibly the call should have been made right after their release but the analyst Gordon Johnson figures hit em' while they are down whereas Cowen & Company's Jeffery Osborne (the singer?) believes the selloff is overdone. These analysts are like the Fed speakers and their opinions.
T sitting near the low of the day....I hope this can bounce I may slowly start to unwind a lot of what I have left into the end of the year. There is no growth here especially if the Fed raises and AT&T will NEVER service this debt from this foolish deal.
like all the other retailers who have missed but FOSL P/E is cheap compared to some of the others who got killed. This $33.88 is overdone for sure but the other retailers are not bouncing back yet since the reported. There are many bargains out there but not yet I guess. This market is more about the Fed and oil it seems.
Funny.....two more drops like this and FOSL will be a $1. The forward and trailing P/E's of this stock are very cheap now for sure.
expects energy inflation to snap back in 2016....How out of touch are some of these Fed Heads? Do they read the reports and listen to the Saudis and the energy departments estimates from around the globe?