already 92 mil and haven't even scratched the surface for claims/fines etc.....insurance wont cover all of this ...how much will it half? I dont know.
for a month and then perhaps a bit of a run-up to earnings just waiting on this one
Yeah...No not yet dead for a few months until next earnings...could continue to drift lower as stop losses are hit etc. No catalyst insiders can hold for years stock just dead for now
maybe... this is controlled by headlines...any negatives will continue to drive this lower and oh better hope the oil price doesn't drop...
uncertainty right now is obviously high ....and yes unknowns such as lawsuits fines etc are sure to come keeping the company's name in the headlines for some time ...keeping a damper on any price appreciation should oil take another tumble in price that would add to the problems
just to stall all the lawsuits that have been filed and will be filed just on these products alone. would potentially protect assets...and give company time to rid themselves of all this bad or perceived to be bad product.
to whip this story up...Gov making it a state of emg really hit the headlines...this stock has been foundering since last Oct. Could be the day we have massive selling whether justified or not...uncertainty about cost, fines etc..just not what we need right now...could damped this stock for sometime...may not wait 6-9 months for this to clear up...
it was last quarters earnings miss that was a result from losses suffered over the winter...the company pre announced this in early april
not so positive???? beat by 11 cents and raised 2q above cons and FY15 ABOVE....????
that's true I didn't...the daily chart shows a high of 28.17 and a low of 25.52 for the day I was talking about 04/28....however, the 5 minute for the day does not show a trade above 28 but there were some AT 28.
Large volume spike that was shorted..and now continues to break down 28 yeah that was a good exit...
Looks like short covering and speculators because after that not much....certainly not the hope they will recover the lost quarter anytime soon.