It dropped to 57ish before last Wednesday. But it magically recovered to above 62ish overnight!!!
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PUMP & DUMP scheme
@1vib. If a person REALLY knew how the Stock Market worked why the clucking h@ll would you be working at Seagate?
If you only knew how the stock market works, you wouldn't be asking that question.
When it comes to stx stock price, I follow George Costanza's logic: it is always the opposite of my instinct.
The large Investment houses will keep the price up as long as Heavy D and the BOD keep paying that ransom, aka the dividend. Once Heavy D runs out schemes to generate dividend cash things may change very quickly. Let’s just say holding Seagate Stock in any significant personal amount is either balzy or foolish.
It's been manipulated ever since they went public. Long time investors know how to play the cycle.
got a fever and the prescription is more AI