I would not short at this point. News are out, it was good results. Dividend announced. Forward project is good .. Company is focused on online, which is good. Why would you want to short it? You better short TSLA or NFLX.
You want to short a company like GRPN heading into the biggest shopping months of the year !!!!! wow, you are asking for it aren't u? Be safe and cover, the company beats estimates and it is showing very good sign of improvements and wait until the acquisition revenue ($800M) kicks in the books ....
Have you looked at the report? It showed all improvements. Also, the acquisition is step in the right direction, they are trying to build an eCommerce site, all of this and you want to short? amazing !!!!
Have folks missed this, especially the consistence 50% growth !!!! This stock will fly ...
Ticket Monster -- known locally as TMON -- was founded in 2010 and has quickly grown into a leading provider of product, local and travel offers in Korea. TMON has consistently seen year-over-year billings growth in excess of 50 percent, with annual billings of more than $800 million today. Moreover, approximately half of its sales are transacted on mobile devices. Based in Seoul, the company has grown to 1,000 employees serving more than 4 million active customers.
You are correct about momentum in the market. But, I disagree with the direction. Today you got a glimps for a possible deal and bang the market moved up swiftly. Wait until a deal is done, and double bang another 300 points up ... and GRPN (an international company now) will be in the 12+ range.
Good luck ...
Apple Cloud is over this, not enough growth and it will break very soon ..
We all have no choice but to wait ... It's not my report, but The street ... I am saying today's action is totally short covering which has faded ... shorts will push it down 10-15% Monday ...
Highlights from the ratings report include:
Return on equity has greatly decreased when compared to its ROE from the same quarter one year prior. This is a signal of major weakness within the corporation. Compared to other companies in the Health Care Equipment & Supplies industry and the overall market, ROCKWELL MEDICAL INC's return on equity significantly trails that of both the industry average and the S&P 500.
The gross profit margin for ROCKWELL MEDICAL INC is currently extremely low, coming in at 12.60%. It has decreased from the same quarter the previous year. Along with this, the net profit margin of -91.35% is significantly below that of the industry average.
Net operating cash flow has significantly decreased to -$21.53 million or 232.03% when compared to the same quarter last year. In addition, when comparing to the industry average, the firm's growth rate is much lower.
The debt-to-equity ratio of 1.16 is relatively high when compared with the industry average, suggesting a need for better debt level management. Despite the company's weak debt-to-equity ratio, the company has managed to keep a very strong quick ratio of 2.71, which shows the ability to cover short-term cash needs.
In its most recent trading session, RMTI has closed at a price level that was not very different from its closing price of one year earlier. This is probably due to its weak earnings growth as well as other mixed factors. Turning our attention to the future direction of the stock, we do not believe this stock offers ample reward opportunity to compensate for the risks, despite the fact that it rose over the past year.
Short covering which will fade ... Monday should be a correction of at least 15% to the down side ...