All coal related stocks are going to zero, thanks to the Obama EPA. Stop buying them. BBY is dying because they dedicate 25% of their stupid stores to selling CDs and DVDs. HPQ is sucking dick because they bought Maddoff’s tech company. And INTC is lower because its super rich CEO decided to quit 3 years early.
Aside from that, everything is good. For every ANR there is a WNR. As of this second, the market is doing what it should, consolidate a big gain with muted losses.
You need to slow the fuck down and understand that the market doesn’t go down on Turkey Week.
NOTE: First read this-
Specialty tea retailer Teavana (TEA), which has recently agreed to be acquired for $620M or $15.50 per share by Starbucks (SBUX), is sliding after a firm with a disclosed short position said the deal could be jeopardized by allegations of consumer fraud at Teavana. Glaucus Research Group claimed in a note to investors earlier today that independent laboratory tests it had commissioned indicated that Teavana’s teas contain pesticides in amounts that exceed regulatory limits set by the U.S. and European Union. According to Glaucus, Teavana’s marketing practices violate federal and state laws against deceptive marketing and the firm believes Starbucks is likely to walk away from the agreed upon deal once the “inevitable” lawsuits against Teavana begin. Glaucus disclosed in its note, “We are short sellers. We are biased…(But) just because we are biased does not mean that we are wrong.” In mid-morning trading, shares of Teavana slid 53c, or 3.43%, to $14.90.
If this is false, those fuckers should be tossed into mobile electric chairs. How bitter and destitute do you have to be to keep writing short sellers stories, AFTER the company was bought out? This shit should not be legal. The deal was done for $15.5, ALL CASH. This looks like free money.If you enjoy the content at iBankCoin, please follow us on Twitter