"Given the stock’s 40% rally over the past 12 months and lack of clear reason for today’s stumble, it’s likely traders headed into the earnings announcement with a “buy the rumor, sell the news” mindset and were likely to shed SAIC en masse no matter what Q4’s results looked like."
Tuesday, March 31, 2015
CityTime Curse Continues on if only Preet Bharara Had Held NYC Gov and SAIC officials Accountable
Looks like ruff times for Preet Bharara ahead as the WSJ took him to task yesterday and Preet not welcome in India which is where the TechoDyne crooks are living large. This is like In to the Woods with no curse removed. CityTime destined for the dumpster and here in NYC 911 tech system a bigger crime. The curse continues and I wonder if there is a 911 curse now because HP split just like SAIC. Monkey see...
The street raises questions on ex SAIC birth child of bad love affair CityTime contractor SAIC. Will the curse continue? SAIC stumbles....
http://investorplace.com/2015/03/science-applications-international-saic-pilgrims-pride-ppc-celgene-celg-3-todays-worst-stocks/#.VRsPpcvD_qA
"Given the stock’s 40% rally over the past 12 months and lack of clear reason for today’s stumble, it’s likely traders headed into the earnings announcement with a “buy the rumor, sell the news” mindset and were likely to shed SAIC en masse no matter what Q4’s results looked like."
"Given the stock’s 40% rally over the past 12 months and lack of clear reason for today’s stumble, it’s likely traders headed into the earnings announcement with a “buy the rumor, sell the news” mindset and were likely to shed SAIC en masse no matter what Q4’s results looked like."
For you newbies SAIC stock symbol SAI became two Companies SAIC with new stock symbol SAIC and Leidos the old SAIC stock symbol LDOS. yip, really. OH, MILLION DOLLAR NEW NAME MEANS "TO LEER" IN SPANISH.Very close too the exact same time SAIC admitted fraudulent wrong doing on CityTime project. CITYTIME was a project lead by prime contractor SAIC to automate the City of New York payroll system. The project Balooned from 63 million to 700 million under the noses of top Gov officials. No one in government nor top Executive of SAIC have ever been indicted. It's not the first time misconduct charges have been made against SAIC.
"Weak on High Relative Volume' stocks are worth watching because major volume moves tend to indicate underlying activity such as material stock news, analyst downgrades, insider selling, selling from 'superinvestors,' or that hedge funds and traders are piling out of a stock ahead of a catalyst. Regardless of the impetus behind the price and volume action, when a stock moves with strength and volume it can indicate the start of a new trend on which early investors can capitalize (or avoid losses by trimming weak positions). In the event of a well-timed trading opportunity, combining technical indicators with fundamental trends and a disciplined trading methodology should help you take the first steps towards investment success."