Ftd Stock Price

[sfox]

Wall Street

Well I'll be....

So if Wall Street thinks their model is "fundamentally broken" could it be that it's only a matter of time before they go bust...and I would think this would not be good news to any prospective future buyer.

Over the recent past, Wall Street has been very upbeat, even in the face of some disturbing news in the overall American economy. All that has changed with the December sales reports and the fact that the American consumer is holding back on buying. FTD is a company driven by consumer sales.

And Wall Street is sometimes slow to catch on to companies. They usually believe what the CEO's say about the company and then do their research. I think Wall Street has finally caught on to FTD. I would be very surprised to see the stock move up given the fact that they are finally figuring out how FTD works and the blunders it has made on it's florist side and on the consumer side.

Remember Big Mike a couple of years ago, made comments to Wall Street insiders that FTD was basically turning it's back on it's florist business, looking to grocery store chains for new growth and back then the direct to the consumer side was showing gains. Could this be the reason Big Mike is giving up the CEO position? Rats usually jump off a sinking ship.

 

[Joe Mioux]

The red line is a simple moving average on the chart you sited. Notice when the SMA50 RED line is above FTD's price, the price will trend down and when the SMA50 RED line is below FTD's price the stock price is trending up. The key is to get in and out of the market when the lines cross each other.

Also notice the last three days of trading. On Jan8 and jan 9 their was a gap in their trading ranges. That gap had to get filled and it did on Jan 14
Also notice that yesterday the prices closed on its lows, this is also signficiant if it occurs more than one day in succession.

http://finance.yahoo.com/charts#cha...lc;crosshair=on;logscale=off;source=undefined

hth
joe

 

[Carrington]

Joe ... I confess I don't understand what you just wrote ... does it mean it's good or bad for FTD in your opinion.
C

 

[Joe Mioux]

Joe ... I confess I don't understand what you just wrote ... does it mean it's good or bad for FTD in your opinion.
C

It only looks good if you are a Kamakazi investor.

Now if the SMA line drops below the FTD's stock price then it could indicate a buy, albeit short term. This would be a fun stock to trade, not a long term hold.

joe

 

[MANORVILLE]

Closed about $7.00 today I think right Joe.

Also, can you break it down in stock market for dummies format, just a wee bit ?

Thanks

 

[MANORVILLE]

Ahhhhhhhhhhhhhhhhhhhh

 

[Carrington]

Thnak you .. having just see Manorvilles comment and the price he says they're now at, given share prices are suppose to represent a company's image, even taking into account the whole world problem, that seems pretty low to me.

 

[MANORVILLE]

The stock market for dummies comment was meant for me Caroline.
Hope you realized that !

Kevin

 

[Carrington]

No ... I took ownership of it completely. I don't understand all this stuff and that's what makes it so frightening in some ways. My waters tell me it isn't a good sign ... which can only impact on florists in some way ... trouble is my waters don't have the solution!
C