Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
Shares of ITT Educational Services, Inc. (NYSE: ESI) were down more than 16 percent on Tuesday after the company’s full-year 2014 earnings conference call, which took place in the morning.
Although the company’s earnings beat expectations, investors don't appear happy with the management’s comments and the outlook they provided. This has resulted in a reversion of the trend seen since last Friday.
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Related Link: ITT Schools Shorts For 2nd Day In A Row
ITT had been in a rally since last Friday: between Friday and Monday, the stock price more than doubled.
Nonetheless, the stock is still up more than 98 percent since Friday morning. Year-to-date, however, it has fallen more than 50 percent. Shares traded recently at $4.73, down 14.4 percent on the day.
Below is a look at some of the social media commentary related to the stock:
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— Modern Rock (@modern_rock) June 2, 2015 Just bought some $ESI at support from Trade of the Week
— Dan Mirkin (@TradeIdeas1) June 2, 2015
I know a lot of shorts getting an Education this week haha pun intended $ESI
— $HANEAL (@LoveShaneal) June 2, 2015 $ESI %30 percent drop in stock price for %10 drop from earnings call. Ok bears in control _I'll just wait here until there is no more blood.
— Tom Thompson (@OutofthePark) Jun. 2 at 03:42 PM
only took a few hours from my initial tweet but sellers really in control now $ESI. pic.twitter.com/SkUSiY5q98
— steven spencer (@sspencer_smb) June 2, 2015Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.