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NetApp, Inc. Message Board

cantdance123 11 posts  |  Last Activity: Jun 15, 2016 3:01 PM Member since: Jun 27, 2011
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  • Hit a recent high around 250 then slipped back and is now treading water around 240. Other than a dull market, what other reason could be holding back this one? Sector underperformance? Possible government intrusion into their business affairs?

  • Reply to

    I just sold ...so now the stock can go up

    by winplaceshow999 Jun 13, 2016 10:13 AM
    cantdance123 cantdance123 Jun 14, 2016 2:39 PM Flag

    Right after you sold (and me too by the way), the stock started showing a little strength but I finally got to the point where I no longer had any trust in it. There are indeed many other stocks out there where you're not looking at a daily loss of 5% or greater for weeks at a time. Good luck to the brave ones who stick with it - you're going to need it - YY can be unusually cruel to its investors. I'm confident in the two stocks I'm now in and can rest easy.

  • Reply to

    Why hasnt this company been sued yet?

    by winplaceshow999 Jun 10, 2016 10:50 AM
    cantdance123 cantdance123 Jun 10, 2016 4:27 PM Flag

    How do you go about suing a company within mainland China regulated by ChiComs? Mission Impossible. Their only problem right now is overcoming the restrictions placed on them regarding buyouts and a return to China markets. The fundies are OK but short interest has escalated lately although by historical standards not anywhere near as bad as it has been way in the past. The P/E has drifted down to 14 and is approaching a ridiculously low valuation. Wish I could get a list of CURRENT holdings of major institutions to get a better idea as to where all the shares are being held. Haven't found any signs of support lately as though the institutions have reduced or abandoned this one.

  • cantdance123 cantdance123 Jun 9, 2016 3:23 PM Flag

    Correction: Date above should be 2015, not 2016. Sorry.

  • The stock price closed over $80 that day which may have been when their offer was received to go back to mainland China. I need someone who's followed this stock to tell me when the offer was originally made. Market Realist said in an article that regulators were averaging about 260 days to approve these kind of offers. QIHU received their offer last June which is a year back so maybe the approvals have been all over the place. Investors are acting like that one is a done deal because its price has held up quite well while YY has plummeted as though it's a dead deal.

  • There's no new news and even the old news is pretty damn old yet in Wednesday's action it was mercifully horsewhipped and taken down hard. Can't find any strength left in it to fend off those who seek to destroy it. Being in a perpetual state of "hold" and on the come is getting tougher and tougher. If there's a ray of sunshine at the end of this tunnel, would someone please point it out? A fella can take just so much and then he's forced to bite the bullet and wave the surrender flag.

  • cantdance123 cantdance123 Jun 3, 2016 4:30 PM Flag

    I sat on my Baxalta stock for months only to find out that the original offer was the concluding offer and since Baxalta was hovering around that figure, it was a total waste of time Both companies led us to believe that there was ongoing negotiations and that the original offer was history. Not implying that the same scenario will happen but you should take into account all of the various possible outcomes out there up to and including no offer ever being finalized or approved. I'm not the most patient person when it comes to things like this but you've got me and many others company playing the waiting game. Just how long I will tolerate it remains to be seen.

  • cantdance123 cantdance123 Jun 1, 2016 3:54 PM Flag

    I didn't listen to or read the conference call so thanks for rattling my cage. I have to start looking at everything because this factoid could be a game changer. We here in the states are in the dark as to how this "regulator" problem is going to pan out. If going private is still a possibility, I may have to change my plans once again. If they're truly in a quiet period due to ongoing talks, I just hope it doesn't get drawn out for a long time. I've been in other biotech takeover talks before and the endless waiting was sometimes a big waste of time resulting in a tiny move up from what was initially rejected ( the Baxalta takeover comes immediately to mind).

  • External pressures are the real culprit here rather than focusing on the fundamentals of YY. The yuan is very soft and the dollar keeps strengthening causing Class A shares in China to lose value. Short selling of Chinese shares is 5 times what is was in the past. Even if today's ER would have been spectacular rather than just OK, I don't think YY would have maintained a spike for long. We longs are up against it and strategies have to be rethought. Another article about "regulators" looking at these problem areas might just reverse this troublesome trading.

  • Reply to

    This was 60 after last earnings report

    by deepthought2030 May 27, 2016 11:37 AM
    cantdance123 cantdance123 May 27, 2016 4:40 PM Flag

    You gotta wonder: was the reversal today after dropping below the 52 wk. low just a dead cat bounce or are there really folks out there anticipating a good ER Tues. morning? Or maybe short selling/covering? Anyway. the punishment may very well be over Tuesday morning and our frowns will turn into big smiles. May the trading gods be with us.

  • Reply to

    Co. reports lst Qtr Earnings on 5-30-16

    by cantdance123 May 20, 2016 3:23 PM
    cantdance123 cantdance123 May 26, 2016 4:22 PM Flag

    I only saw one trader with an unsubstantiated accusation: "looks like fraud". Hardly worth considering. Fraud. manipulation. etc. is often thrown around on message boards. Like I said before, Tuesday morning can't come fast enough for me. The ER should put an end to the misery.

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