Options spiked last week in SWN over spec that Chevron would buy. If Chevron is really looking to buy nat gas company it is very curious why SWN and not CHK. CHK is cheaper on all fronts and has much better portfolio of acreage. Even if they go the SWN route, CHK should get a bump.
Anyone ever look at the iPAD bill of materials. Most significant cost is memory...see attached article.
iPads and tablets estimates in excess of 1 billion units are grossly understated.
Disclosure- Long since last July
What is interesting (and annoying) about this quarter's unrealized losses is that due to the fact that they are not what is called "effective hedges" (accounting term-sorry) they are required to be marked to market and recognized in the earnings....unlike those effective hedges which are not. The real question is why are they hedging oil (which went against them this quarter) anyway....looks like pure speculation. I am concerned about the lack of governance and oversight at board level that would have a policy that would allow this.
forgot to add...NO glasses needed! Now if someone could figure that out, why can't they do that with my TV so I can get rid of the glasses!
With the ability to record video in 3D with 2 rear cameras.
how about Goldman Sachs....ever heard of them. they bumped estimates in December and have a $6 price target.
Falcone is a loser....see article: http://www.streetinsider.com/Analyst+Comments/Goldman+Sachs+Sees+Near+Term+Positive+Catalysts+for+Sprint+(S),+EBITDA+Estimates+Raised/6172787.html
so Juggles focus on the facts and listen to the experts!
Einhorn announces he has amassed large position in Sprint (december 10)
Credit Suisse raises target price in the next 12 months to $8
JPM initiates with buy rating and a $7 target.
I could go on and on. So stop listening to the clowns on this board and follow the smart money.
Coverage initiated on Sprint with a $7 target from JPM morgan with an overweight.
I added 50,000 shares to my position last week at 7.78. Great buy at this level. Trading below book, and significant FCF.
In looking at the tangible net book value of the company looks to be trading 20% below book value. With DRAM prices expected to stablize and NAND demand, looks to be a good buy here. Also, like that the analysts are not yet on board....although ML has a $12 PO on the stock.
The CS $8 target price has nothing to do with takeover but is based on valuation assumptions of declining and more efficient cost structure.