You know that I am not a short but how will this problem be solved ??? EPS (ttm): -7.66 (yaho finance) ???
I would like to enter again in the stock but when I look at this $-7.66, lowered 2013 guidance, fiscal cliff and probably higher taxes for everybody, I am not so optimist as the people today who paid 2 more bucks to buy the stock. What changed from the day it was at 23 (a couple of days ago till now)? Only some positive articles. But you know very well that how these publications work, don't you?
Really?? It appears clear you do not want to enter again based on your blatently flawed argument. That said ..... The EPS you report contains more than $450m in one-time restructuring and goodwill impairment charges. Trailing 6 months EPS is more than $3.00, with guidance for 4th quarter at approx. $1.65 per share. They have more than $6.0B in contracts under way to be recognized as revenue over the next 24-28 months and NOW-stable margins over 25%. The company has been undervalued and the combination of investors now going long with renewed interest while those short begin to cover has caused the technical breakout we've been witnessing. The pps could easily continue to increase to over $45 by March of next year, if not sooner.
That is stupid logic! If your going to look at stocks in that manner then what changed to make the stock go from $300 to $14 that sure as hell what not justified. It's a casino man pick a direction and place your bets it's all bullshiat!