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Frontier did not get their asking price for the sale of landlines in Florida. Taking issue to Bond holders and BOD for decisions. Also, CA, ,TX and more in play. If done will be HUGE cash influx.
Yes, a gamble, but COmpany not going away.
Agree. This Stock has such strong fundamentals it has become a "cash cow".
Still one of the 6 most heavily shorted Stocks on NYSE. Totally in control by HFT exchanges. You will see the channel. 29-33 like clockwork. Cheap shares means any can buy and sell, short etc. more shares!
GL.
Amazing turn around for sure.
Preferred will convert to common 6/29 AFTER divy is paid to both PREFERRED and COMMON. Nice.
GL
P.S.
The EMC is the European Medical Commission.
Info now on Dow Jones Newswire.
Today, Friday April 27th the EMC has recommended the expanded use of AZN Tagrisso, the cancer drug. No doubt we will soon see the EMA in Europe approve same . Should be great for AZN! Japan soon to follow.
GLTAL.>
Company PPS being highly manipulated/shorted for a reason. Generally precedes a major announcement. Simple logic: Consider as to why a PPS would drop after such positive announcements as TXT recently had. Much DD shows NO SELL with any firm or guru.
Our experience has confirmed that big money, using HFT trading tries to force a company share price down so as to acquire more shares at a cheaper price. Now consider "why".
GL.
Imfinzi and Tre. being tweaked per Company scientists!
Stock PPS is being nicely kept in a "channel" for a reason. Talk to some gurus about this.
Some profit taking. Fundamentals look good.
Agreed!
Japs are eager, same for some EU!
"Stay tuned",...LOL. Significant as we approach next approval as things will happen fast,especailly at this PPS,... so "more than daily DD" if you prefer! LMAO!
GL!
AZN PPS is cheap and being "manipulated". Speaks volumes to those who understand what is going on. With a "first line" cancer drug, Tagrisso now FDA approved, soon same-same in Japan and EU, the users of HFT exchanges are having a field day with this cash cow. HFT exchanges also winning on the spread.
Stay tuned.
GL.
Yup, own lots of it, studying same for maybe more. Properly managed, and in this Administration TXT should see 80's or better.
GL.
All fundamentals looking very good at this time. Glad they sold that Division for 810 Million as well.
Suggest one check the Dow Jones News Wire.
Also, says AZN to do a 30 Million share buyback! we need a confirmation on this of course.
Most of the Wall St. "Gurus" have a 75-78 PPS target on TXT now. Seeing/hearing "strong buy" with some.
GL.
Actually there are several in mind. Japan is next on the list to be approved. Same outfit that Bought ARIAD is building a drug empire in Japan.
Itsaka is the Name, but there are others in Europe.
At such a cheap PPS I /we think a possible "bidding war" so to speak.
Still open as AZN execs are overpaid and we believe they do not want a buyout unless a Golden Parachute big time!
GL!
P.S.
Also on Dow Jones News Wire yesterday.
Lastly, not surprised AZN not spiking. Typical when a stock is being "manipulated" for a possible merger/buyout, etc. This is a First Line Cancer drug soon to be approved in Japan and Worldwide. PPS being kept in a manipulated "channel". Stay close and stay tuned!
On Ihub Newws Wire that is.
Also, if you can take the time to dig thru all BS on FDA Website it is there as well. Time consuming though.
GL.
Doc:
Saw it yesterday, Thursday on the Ihub Quotes.
New FDA approval of Tagrisso should, repeat should "spike" AZN PPS!
Seems HFT trading is keeping a number of quality stocks in a defined "channel" respectively. Legal, but bad news for a retail investor with so much market manipulation ongoing. One must learn to trade this market, as "buy and hold" is questionable any longer. The volatility is good for some, no so for the inexperienced.
GL.
Manipulation at BAC big time.
HFT exchanges and users laughing all the way to the bank! Look at the channel of the BAC price. 33.05 down to 29.+-. Big money is tarding this channel. Legal, but very unfair to retail investor.
Company fundamentals are great,..so it is a "cash cow" for savy traders.
GL
Agreed!
BAC does have a PR problem as a very dull, stagnant PR Dept. They need to be issuing PR statements more often, ..therein keeping momentum as ongoing.
Another .01-.02 is O.K., but rather see a massive buy back as still too many shares outstanding!
We all want to see BAC at least back to 33.+ where it once was. But, BAC still remains in the top 6 most heavily shorted Stocks on the NYSE!
Reason: BAC has "legs", a strong Company per the fundamentals, however, way,way too many shares outstanding therein keeping the Share price so cheap! So, each time we get to about 32-33 the HFT shorts take over and manipulate the Share price! What is needed is a MASSIVE BUYBACK and a divy increase. The higher the Share price the less the manipulators can control which may allow the Share price to spike somewhat.
Until then, it is sameo-sameo ad infinitum'!
GL
You are quite welcome!
The more we can fully understand the nuances of what is actually happening in trading the better we can make it as above board as it should be.
GL!
Having visited HFT exchanges, and there are 13 to be exact, it becomes clearly obvious that many stocks are being manipulated. This is done to control share prices using large volumes of buying and selling, and shorting of course. As the large share block holders trade, and they are brokers and institutions with HFT access, they get a .03 cent per share per trade rebate from the HFT exchanges regardless of direction. As a example, as a share price approaches say $20. many pre-programmed algorithms kick in and short the stock. PPS drops a bit, algos kick in again, large block holders buy, and the cycle repeats , over and over , etc. Do the math on say 100,000 shares 3 times per day minimum. Now add the spread as HFT trading is so fast in "front running" you cannot detect it. Bottom line, retail investor only one to lose.
Hope this makes sense and helps.
GL!
It could and should.
Problem is, and why BAC will likely NOT reach 40 soon is that it is in the top 6 of the most highly shorted stocks on NYSE! Reason, strong "legs" ,cheap PPS!A easy "cash cow" for the savy manipulators. Don't like it one bit, but the HFT exchanges have this Stock, and others in complete "control". BAC is in a channel ad infinitum'.
A massive buy back or divy hike will help somewhat!
GL.
Company beat earnings estimate by .10 and beat on revenue as well.
Should be good to grow upwards! Lots of manipulation going on in this market!
Yes, ex date middle of March. Same amount.
magt says the 250 Million saved from the common divy will be used to allocate into preferred , then comes the June conversion. If they were to cancel divy on common after that the Company would be pure squat! So they will continue a divy, but just how much is again their option. Stay close.
DD shows same,..thus in full agreement. Some Wall St. gurus have a 28.00 PPS target on this Stock as of late. Lots of algo shorting lately. HFT exchanges very busy "front running"!
GL.
Thanks.
What is very bothersome to most of us heavy and long BAC is the fact that BAC is still in the 6 MOST HEAVILY SHORTED Stocks on the NYSE!
Why, simple, BAC is a cash cow as BAC has very strong"LEGS"! We all know WTH that means. BAC is positioned for a big,big move upward, but so long as BAC is so cheaply priced BAC will continued to be "stuck" in this "channel" by HFT trading. Cannot break out of the 32+ range as we can all clearly see. Algos kick in hard at upper 32.range.
GLTAL!
Hopefully they will improve. Have emphasized this with CEO at least 3 times in person.
Also, if possible, visit a HFT exchange. BAC PPS is in fact being "controlled" becaue the Stock has "legs", and the manipulators want to keep the Share price controllable!. Notice how the PPS gets to 32.++, then a sudden drop. That is algos kicking in to drop Share price so they can do it again, and again, and again. Some brokers have MILLIONS of shares with their clientele.The brokers need permission to short same, and reward shareholder with maybe .05 per share per trade, either direction. Broker gets .03 cents per share per trade from HFT exchange, so a .02 cent deficit, easy to make as the "front run" the trade making maybe .06-.12 per.
Literally a cash cow, yet the retail investor gets screwed again!
GL.
Algos have this Stock in complete "control" HFT exchanges trade this Stock many times per day and give .03 rebate per share per trade.
Do the math on such a set up using just 100,000 shares per trade.
AZN should trade higher on news but is sadly stuck in a channel due to HFT algos.
Yes, it most certainly should!
Problem is however, not just too many shares still outstanding, but also at such a cheap PPS the algos are "controlling" the PPS.
If possible, visit a HFT exchange, now numbering 13 available. The algos kick in at a certain PPS on BAC, and other stocks of course.
Yes, a Share buyback is in progress, but BAC is a "dog" considering such poor public relations. They need to loudly announce activity to hopefully keep the PPS moving upward.
HFT exchanges give any and all a "rebate" of .03 cents per share per trade. Do the math on say 100,000 shares traded maybe 3-4 times per day.
GLTAL.
AZN "PARTNERING" WITH ANOTHER COMPANY ON CANCER DRUG.
Good news so the Stock should spike soon. Lots of trading "manipulation" going on in the HFT exchanges.
Beginning to think this Company CEO needs to go. All others in sector doing very well.
Off over $3.00 this AM. Ridiculous! Recovering nicely, but off .03 and a miss on revs, well, off to next Q.
TXT EPS out tomorrow. Those we confer with on Wall St. think .77 per share. Bell just sold 3 more adv. choppers, and is in the 100 Million running for the new govt. contract. Frankly am surprised TXT is not up there in PPS with the likes of the other military and defense stocks. This BOD does spend too much on research however, but that too being curtailed. Most have a "BUY" or better rating on TXT.
GL.
Doing DD on same.
Given the last Q performance, what Brian M. is going to do, we should see 40 by June or close. No doubt a stock buy back, possible divy increase and above ALL, TAX REFORM!!This will be HUGE for all the sector!
GLTAL!
Tax Reform will be HUGE for this Company. Divy is "gravy" now.
The Wall St. "ilk" like this Stock big time. Seems the increase in military spending should be huge for TXT. Just got to get beyond the dem azzholes blocking everything!
AZN is a Company with more in the pipeline. Maybe a buyout with new stuff according to Barron's and some Wall St. gurus! ? Will stay tuned for any further, but M& A's becoming very much in the bio news owing to POTUS Tax Reform.!!!
GL.