JBL really changed my financial situation, made roughly $220k the past few months, been getting my
stock alerts from underground stock alerts (google em). Hope you guys have been doing as well with
trading as I have.
So, the share value will probably float with them. Demand for Apple and Cisco products determines JBLs performance. The best thing is that they ditched Blackberry. That company is a failure. So, there may be some write offs announced on Wednesday, but forward looking belt tightening and streamlining with Apple and Cisco will all be positive. IMO it's at fair value here.
I understand that which makes the impact of the settlement greater. It really surprises me that with the huge jump in earnings, none of the analyst picked this out and adjusted their forward earnings accordingly. It also make a very strong argument for the value of a long term contract and price lock.
Made over $70k this month on JBL trading thanks to underground stock alerts (google them) I get my stock alerts from them. They put out a report on the S&P 500 a few months ago and were SPOT on. Good luck all longs!
PS: Notice the Goldman upgrade came after the end of the quarter. Yes, Goldman has the inside scoop.