Is the way To go if u want to own WB. They own 56% of WB and have over $2billion cash. Current market cap of Wb is 10 bill. Sina is only 5bil. Not counting there own business the stock should have at least an 8 billion cap. With there business, stock buyback so and CEO purchases they are the one that should have at least $10 bill cap. That's a double from here.
Typically a stock will run to fair value. Right now it has only weibo value. So who knows but it looks like a way to go imop
I know it wasn't a question for me and no disrespect for hopeful as I wish he had the answers. Bottom line no one knows and wall st certainly isn't betting on it. I was late to the party and look like a bag holder unless he does see something with his cloud theory. Otherwise it seems the product of cell phones is hard to tell where it's going. The optimistic side is they have only been in Mexico box stores a few quarters and sales are increasing
Pros and cons of Early earnings date. Early is a good thing most of the time, Friday is the con of the early date. I didn't check but I think they did Friday last q as well. Might have a deal worked out and want it done before August 1st. Just a lot of guessing. Technically we blew thru the 50dma today, decent volume by EFUT standards
Feliz, if I'm not mistaken u have been around here for many years. I may be wrong but your name rings a bell from as far as 10 years ago. Is that correct?
Anyway I had good luck with SEAC in the past but have not looked at it until recently. I did some dd and it looks real cheap here but u make a good point about there model and lack of profits. If I'm not mistaken last time I looked they had around 100mil. In cash. I need to get in as volume dries up and it is trading below book. New cfo has sold a few companies, maybe that's on there agenda. Theses guys are getting older as I think the same have been here since the 80's . I will have to double check that as I didn't do that yet. Looking to get 10k shares. Thinking it may test $3 bucks first.
Let me know if in fact u were here 10 years ago
Huge rally coming, only need an upward surprise this quarter and $80 is a given. Fair value is much higher
You got these boards right. Anyone who owns 280k shares of this probably would not be posting here. Also 770k shares of Mstx, nice job. Oh wait you bought that one at .20c probably.
Amazing these yahoo boards work wonders, pun intended