No one can shaft you....unless you allow it.
SKUL had a daily and weekly negative reversal....I doubt we will see much from SKUL in the way of a move
higher for several weeks.
I am still very Long and I will patiently wait for my reward. Its a coming....
Sentiment: Strong Buy
Considering the upgrades I was not expecting this today. Too many traders spooked because they are afraid rates will go up. I think you will see some buying here on Monday. Some traders like to wait a day or two after earnings come out before they add to positions.
30%+ up side is huge! They also guided higher. I see this stock heading to $15+ and possibly back to IPO levels.
Great stock, great company, and loving their turn around. We should hit and close at a new 52 week high today.
Pure, unadulterated BS.
One scenario i can think of when you're down after an earnings report like that is some larger holders taking the opportunity to sell off large percentages of their stakes to retail investors jumping after the good news. SKUL certainly isn't a cheap stock by the standard valuations so it may be a good opportunity to decrease holdings while news is best and volume high...then move that money to better value plays. I don't know what to expect from here because if the big boys are decreasing positions, I don't know how far the retail investor is going to drive this without some consolidation. Let's see if the 20 DMA can help provide some support above 10.50
Of course SKUL will do what it has to do...I prefer SKUL consolidates here without breaking new 52 week highs.
I bet SKUL crushes earnings estimates and with strong guidance we break thru 12s and strong resistance.
This stock is headed back to the IPO price IMO.
Getting a pump from YY and reports on Monday.
QIHU completed their $200M stock buyback at about $58 a share. Stock is near its 52-week low now. Stock is around $48.
Many Chinese internet companies got hit hard in 2014 but rebounding nicely so far in 2015.
Bought in at 13 back in 2012, was hoping Skul would have been the target for Apple but they went for Beat instead. I hope this is real. Would like to return a small profit on this as I still feel it was an investment in a fundamentally good company- pity there was so much short pressure that has limited the companies growth made it look like a tech bubble IPO
On the COnf call, The CFO, Chief Financial Officer is either a complete GerrkOfff or has a speech disorder.
My guess is the first.
I want to smack this guy.