It's a very tough decision. I did some calculations and assuming they have material sales equal to last quarter, I think they'll have a net profit of 1.5-2 million before tax. That's assuming a very good scenario for UDC, that they kept pumping materials to Samsung and that Samsung's demand never slowed.
This is also on the assumption that things like R&D, administrative fees and everything else roughly remains static (going over previous reports, they usually are). I am thinking, however, that UDC's material sales will not be as high, therefor pushing their net profit down towards a loss of ~2 million.
Really no matter what way I slice it, it's a 50/50 bet. The line between loss and profit this quarter is razor thin and there are too many variables to call it one way or another a couple million. I'm betting on red.
I will say I am very concerned of an earnings beat, because this will be the first time UDC has had two straight quarters of net profit which will cause the stock to rocket.
In any case, good luck shorts, and good luck longs.
lmao.... you do know I go both Short and Long on this stock, right? I'm not dedicated one way or another.
If you really want to keep rubbing salt my cuts then you can bet on me being there for when it happens to you.
After all, I watched this stock go from 38 to 29 in a single quarter when everyone Long was cheering "TO 60!!!!!" and crying when they didn't sell when they should have. Let's not pretend I'm the only one who makes mistakes ;)
As I said before the call. How freaking STUPID do you look now slick. BTW I think he was full of #$%$ anyway. He didn't short a nickel. I didn't have conviction either. I should have doubled down near the close. Oh well.... My original investment is $28.90. 12 cents on 32 mil rev. Consensus was a 4 cent loss on what 22 mil rev?
I think ur full of #$%$. WHY would anyone come on a message board and announce what you say you did? Unless ur just bored? Also to short any amount. I would argue you have to be more than 50-50 positive you are right. What if you are totally wrong? You look stupid. But if you are right is it worth announcing and getting off that you bet on the red side? Whatever you did. Make a copy of ur orfer blacking out the act # and post the attachment on this website board. Otherwise I think ur full of #$%$.