How exactly would they be "filling their pockets?"
This stock seems to always sell of into earnings, doesn't it?
Lots of people think the digital signage growth rate is not sustainable.
I believe that the adjusted number excluded the )non-cash) cost of stock option related compensation, which the SEC forces companies to include on the income statement. However, since it is non-cash, it is an "add back" when calculating Operating Cash Flow on the Cash Flow Statement.
it seems gaap is the one that the PE is calculated on; and I think the CEO was referring to gaap eps in his speech last quarterly report. I assume "adjusted" does not follow a standard formula - but I am very open to learning more about it. I was able to calculate the PE on yahoo by using the 4 quarterly gaap eps's, I believe.
the next earnings report is coming in 2 to 3 weeks from now. was predicted by CEO in last presentation to be about 5 to 10 cents income per share, if I remember right, and that was already a little over 2 months into that quarter, so it is hard to imagine it being much off. if happens and price stays about the same, then the PE will come down below 20, but not by much. it will be replacing a one cent per share, which was 4 quarters ago; the last 4 quarters in total will be higher after this earnings release, which was also said to be first of the two consecutive lower income quarters on the annual cycle.
The latest short interest information was 27 February 2015 when 2.026 million shares were short, down from the peak of 2.306 million on 30 January 2015.
There should be a March mid-month reading out soon, but there is no evidence of a massive short covering stampede, in my opinion.
I look forward to 7 pps soon based on normal sales patterns
Sentiment: Strong Buy
Shorts ...still covering ...more to come
Sentiment: Strong Buy
Are you aware of the article on Seeking Alpha by someone purporting to be a hedge fund that says they shorted the stock because they think that the revenue increases reflects expansion in the amount of inventory held by the Value-added Resellers (VARs) that sell the DS product?
In a recent research note by Lake Street, they quoted the PLNR CFO as telling them that the VARs do not hold significant amounts of inventory, directly rebutting this line of argument.
I am not going to worry about short sellers. I am going to worry about valuing the company's cash flow growth at the right multiple.
I wonder how the shorts are going to get out as PLNR keeps inching upwards. That high 5s was a great add point. We would have hit 11-12 easily by end of the year without all that shorting and I believe it will be good fuel as PLNR continued to execute...