OriginalCanesCanesCanes
All-ACC (#1 most reproted porster on CIS)
- Joined
- Feb 7, 2013
- Messages
- 35,670
Sheesh...
Kraft-Heinz stock plummeted today as well.
I guess a higher power is playing word association with the Friday news dump today
I’m not trying to bust your balls here but the two Krafts are totally unrelated. They only share a name, and I see you might get that anyway when you said “word association”
I follow the markets, and I’m always looking for buying opportunities. Kraft fell AH yesterday because of a triple whammy: SEC investigation, reporting disappointing revenue and projections, and they slashed their dividend. It doesn’t get worse than that. Any one of the three would slam your stock, all three is an apocalypse.
It’s down almost 30% today because of that. Need to figure out whether it’s a good jumping in point now, or later, or never.