Potential new investor here, liked what Ken Keller had to say on 3/20 CC. Considering building a small position here
I made a quick buck on an SPPI trade last year and looking to go long again. This thing is WAY underpriced. CEO Raj is on the BOD of one of my long positions, ATRS so I decided to do more indepth research about this whole revenue guidance thing.
I saw this story play out in a similar fashion last year with GMCR. People were citing increased competition and patent expiration of the Keurig cups. It was one of einhorn's famous shorts and on a bad earnings call in May 2012, the price dropped from ~$45 to $17-20 overnight. Now, GMCR is flying high one year later and I clearly remember PANIC SELLING my shares at $20 which I bought at $25!! I could have made over 100% if I just didn't panic!
Definitely liked what Ken Keller had to say. Did a fantastic job. Yahoo Finance has a P/E ratio of ~6 which is RIDICULOUS. Not sure what forward P/E is but wow, is this thing undervalued and definitely looking to go long and hold for 1-2 years with 1-3 products on the market within 24 months.
new.......seen the same thing several times where a good companies stock will drop by half or more then come roaring back a few months or up to 1 to 2 years later. If you believe in the companies fundamentals, panic selling is not a good idea, it is just falling into the shorts and traders hands. If you don't sell, you don't lose and with a good company, although it make take a little longer, you could be a big winner. As an investor with long term shares, I believe this will happen here. Of-course along the way, you can trade some shares you have set aside for up and down trades to make money while you wait for your pot of gold.