Relax! Some of you sound like the distressed
that said the company was going bankrupt
after the first quarter announcement. Guess what? That is off the table now. And good CEO's like to under promise and over deliver to build credibility. That has been his motivation all along. Just as consumer confidence took a nose dive in July it can reverse just as fast. And then we could be exceeding lowered expectations next quarter. Oh, and the speed of this turnaround in the last six months has been remarkable so they are quick learners!
Considering this stock had a 52 week high of $6.84, the fact that they are hedging on the next quarter due to macroeconomic conditions doesn't make me think the stock will ultimately go down. Might be a head fake in the morning due to the panicky headline readers but the sales and profit trends are going the right way. Still feels like an easy double within the year. Might even get bought and be a triple.
Nope. It may double or triple from $1, but it won't double from $2. Did you even listen to these guys?
They are lost. But that will create the ultimate bottom when they miss on their lowered guidance for Q3. August has been horrible. They seem stunned.
AH isn't showing any change for me, and that is a crapshoot anyways..
I'm bullish on the stock.. even if it ticks down tomorrow a little, really, this is a good qtr, with good guidance estimates, minus the macro stuff which noone can control.
Holding this one...
see you all on the boards for another qtr..