Skechers Volume Explosion on Stock Implosion (SKX)
Skechers USA Inc. (NYSE: SKX) is getting railroaded today on massive trading volume. Susquehanna Financial Group cut its analyst rating on the shoe-maker down to “Neutral” from “Positive.” What is amazing is that shares opened positive on the day and then around 1PM EST shares fell of a cliff. The stock at 2:52 PM EST [...]
Explosive Corinthian Colleges Volume (COCO)
Corinthian Colleges Inc. (NASDAQ: COCO) shares the same crummy fate right now of many for-profit education stocks under fire for government student loan funding and regulation based upon loan default rates and based upon a lack of real job expectations after graduation. Yet here we sit on an otherwise quiet day with shares up 8% [...]
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