juices also have high sugar content. why pay for bottled water when you can get water for free. very high p/e ratio for coke and pepsi, these are not safe investments.
all those investors who keep buying the dips have been rewarded for 7 years. it is a habit that is deeply ingrained. for the market to truly be based on fundamentals, we need to see the buy the dip crowd get mauled a couple of times. then we might be able to see some rationale pricing on stocks.
there is alot more downside potential than upside. we are still just 5% off all time highs for the s&p500. the problem for a rally is that brexit will lead to future bad economic news. that bad news cycle is what drives stocks lower. the market is at a point that it cant afford alot of bad news.
really?? oil is moving back down and will be in a gut until 2017. the pressure to cut the dividend is going to be massive.
you are truly crazy. the US needs to strengthen itself or risk collapse. i hope this was an attempt at humor.
very good chance that the brexit news will be an opportunity to sell the news. after we clear the brexit vote, the eyes all turn back to the horrible economy.
going to be much lower. tesla has a rich p/e multiple based on the tesla story, but this merger, if it happens, will destroy that goodwill premium. i would probably not pay more than $140 a share for the company, too much cash burn over the coming quarters until they get the model 3 on the road. i actually am happy this happened, it will create a much lower stock price and much bigger upside for the combined company in a decade from now.
luckily i have sold my tesla shares and sitting on the sidelines. musk is using the stock price of tesla to buy solar city, but this is a bad financial move for shareholders. musk knows that tesla sales on the model s and x are weak and the stock is headed down anyway, so he decided to use that high stock price to buy solar city. the combined entity will be trading MUCH lower, maybe at 100 a share before it bottoms. i still love the long-term future of tesla, but this solar city deal really stinks.
we all know it will test 20 before it bottoms, only question is whether it continues below 20. given the huge fall in this company, i think that it needs a capitulation fall to clear out the downside risk. i want to see extremely high volume on a capitulation day.
because that money came from valeant in his employment agreement. he is betting with the house's money, so he has no downside.
agreed. time for change. we need a crazy guy like trump.
obama is too much of a pansie to do anything about it.
papa and ackman have financial incentives to get the stock price to at least 60 a share, where ackman has options. i think $45 a share would not be accepted by them unless they are starting to see this as a losing turnaround.
i was actually pretty certain about earnings being gutted that first call, it is standard practice with a new ceo. i would never short valeant due to the upside potential but i am just waiting patiently to see if it becomes investable in the future. no doubt, if it moves up, it could rocket 100% in weeks. q2 earnings call will be a very interesting time.
keep in mind that is non-GAAP eps. they are losing money on a GAAP basis. my biggest mistakes have come from value traps and this one looks like a value trap to me.
not quite sure about timing. i do think there is more downside here. will start to get interested in valeant under 20 a share. would also be more interested if ackman were buying large volumes of shares, but if he has no confidence in it, why should anyone else?
thi is just the first step. it will roll out regionally and be sold as a way to generate revenues. the trends behind a reduction in sugar consumption are huge. just going to take a little time to get going. small impacts at first, but growing each year. 27 x earnings for this? i think not.