Anyway you look at it Tremblant Capital bought close to 10% of the shares outstanding. If we throw in close to 6-7 millions short shares this stock is going to explode to the upside any day. Good luck all...
Tremblant Capital Shows New 9.79% Stake in SodaStream (SODA) 3:32 pm ET 01/06/2012- Street Insider In a 13G filing on Sodastream International Ltd (Nasdaq: SODA), hedge fund Tremblant Capital disclosed a 9.79%, or 1,948,871 share, stake in the company. The firm did not hold shares at the end of the latest quarter ending September 30, 2011.
Shares Outstanding: "Shares Outstanding" means the total number of shares outstanding of the NASDAQ-listed security only. Issues not listed on NASDAQ, or securities convertible into the NASDAQ-listed security, are not included in the shares outstanding amount. In the case of a company with American Depositary Receipts (“ADRs”), “shares outstanding” means the total number of outstanding shares in the class of security underlying the ADR. “Shares outstanding” excludes treasury shares and is based on the information reported in the company’s most recent periodic SEC filing or other communication with NASDAQ, adjusted for corporate actions such as stock dividends and splits. Use and display of a newly reported value may be briefly delayed pending review for accuracy or to facilitate the management of indices. 19,984,000 Market Value: "Market Value of Listed Security" means the market value of the NASDAQ-listed security only and is calculated using the current market price per share of the security multiplied by the number of shares outstanding. Issues not listed on NASDAQ, or securities convertible into the NASDAQ-listed security, are not included in the market value of listed security calculation. In the case of American Depositary Receipts (“ADRs”), “Market Value of Listed Security” is calculated using the total number of outstanding shares in the class of security underlying the NASDAQ-listed ADR. $ 756,394,400 P/E Ratio: 26.28 Forward P/E(1y): A widely used stock evaluation measure. For a security, the Price/Earnings Ratio is given by dividing the Last Sale Price by the Average EPS (Earnings Per Share) Estimate for the specified fiscal time period. The forward P/E refers to the value for the next full year.
So close too 100% of the float is owned by institutions? If thats true we could see the mother of all short squeezes after next months earnings report. Over half the float is still short. If they beat estimates and give decent guidance for 2012, retail buyers will flock, and shorts will have to cover above $50. I cant wait to see that
Sounds like the perfect storm is brewing....or rather carbonating?? Ok lame I know, does anyone know the date of the earnings report? I have seen one site saying march 5 and another saying early february. Think there could be any catalyst at tomorrows investor conference?