This abusive stalker who follow me around and harasses, name-calls, degrades me on a continual basis.
He is one of the sickest individuals yet encountered. Add his sidekicks, Kpwoodward (posting below) Stockgirll, and a host of others that are not fit for humanity.
Click on his name and read his FILTH. See what a psychotic mental case he is.
OUTTED! And I'll out you again, every time I find your of your venmous snake poison.
Could be. The institutions dumped shares at qtr. end. Why? Because they see it as priced to perfection and see no further upside. It's as crystal clear as day. Yesterday it hit another 52-wk high, because it was manipulated to bring maximum profit to the big sellers, who are gone this afternoon. From $34.50 on Tuesday to now $33.72 at 3:44pm.
If its oversold, doesn't common sense tell you that a large number of institutional shares were sold. Then, ask yourself why. Because they wanted to take profit by the new quarter as they are viewing this stock as topped out, and want to get it out of their portfolios.
Further, where are the shorts? Obviously not here now, as they are not buying back their shares, or the price would continue to rise and volume as well.
Those who downthumb this are simply showing how ultimately incompetent and brick-headed they are, so go right ahead and do so. And, identify yourself with a reply, otherwise it shows you have nothing rational to say, but simply press a key to downthumb in your complete ignorance and simplicity.
I take back what I posted below. I think the market's view has changed. There are nothing but highly bullish articles and analyst upgrades, all saying this is going to an upswing from its World Cup domination and the general sentiment, and the summer months of highest profits and sales will further push this up for months.
Now, does that make any sense? They upgrade a stock that traded up to near $80 after reporting to $76? Canaccord's reputation is totally undeserved, and they have with this shown how poor their analyst reports are.
Wow, there's some real winners on this board, who don't even care about what I carefully researched and wasted my time to write to the ignorant who have no interest in anything of value written - only the Punch and Judy show threads that infest this board..
No, you're arrogant. Anyone who bought in at less than $19 a share is of course lucky. You have no thought or concern for those who paid after the prior earnings $30 a share, and ended up selling before earnings, as they saw owntrend after downtrend until just recently. Brag like a schoolyard brat.
You may be right, but I find a $2.30 drop from the earnings AH high of $79.96, to close today at $77.68, on over double normal volume, not comforting. That appears to be an institutional dump at quarter end, meaning they don't want it in their portfolio. Does that not seem the most plausible explanation? This is worse than last quarter. At least a day or two went by before a sizeable drop, and this report was supposedly better, and with better guidance, though not all agree on this. Upon reading the conference call, see what you think.
More on stock buyback pitfalls. What you'll read here really rang a bell for me. "to manipulate financial metrics.....EPS will be effected...may be tied to reaching a high enough EPS....there is an incentive for execs & mgmt. to try to boost EPS.."
Furthermore, share repurchases can be used to manipulate financial metrics. All financial ratios that include the number of shares outstanding (notably earnings per share, or EPS) will be affected by share repurchases. Since compensation may be tied to reaching a high enough EPS number, there is an incentive for executives and management to try to boost EPS by repurchasing shares. Inaccurate EPS numbers are not good for investors because they imply a degree of financial health that may not exist.
From the investor's standpoint, one drawback of share repurchases is that it's hard to judge how it will affect the valuation of the company. Companies often announce repurchases and then fail to complete them, but repurchase completion rates increased after companies were forced to retroactively disclose their repurchase activity. It is difficult for shareholders, especially relatively uninformed ones, to judge how the announcement will affect the value of their holdings if there is no guarantee that the full announced repurchase will occur.
I'm not so sure now that this report is all many are cracking it up to be. Consider the following:
Read the DIVIDEND MONK, (search for stock b states:
The basic answer is that share repurchases are great when the share price is undervalued, and not-so-great when the share price is overvalued...if you would otherwise reinvest your dividends or invest new capital into the company at current stock prices, then share repurchases are useful to you because the company basically does it for you. The alternative is that the company could pay you a higher dividend, but you’d be taxed on that dividend and reinvest it into the company anyway. On the other hand, if you would not reinvest dividends or invest new capital into the company at current prices, then share repurchases are not in alignment with your current outlook, and it would be better for you to receive a higher dividend.
Something else to be considered is that when a company uses money for share repurchases when it could be paying a higher dividend instead, the company’s management is limiting your control and increasing theirs. As a shareholder in a company that makes uses of share repurchases, you have to rely on management’s ability to judge whether it’s an appropriate time to repurchase shares, whereas with your dividend, you have complete control over that choice. The flexibility of dividends for shareholders is great, because if allows you to direct your flow of income to where you think the best investment opportunities are at any given time. Share repurchases lack that flexibility."
Another similar view by well-known Joshua Kennon:
"If the share repurchases are completed when a company’s stock is overvalued, shareholders are harmed. It is, in effect, the same as trading in $1 bills for $0.75, destroying value.
If large stock options or equity grants are issued to employees and management, the repurchases will, at best, neutralize their negative impact on diluted earnings per share. (Can't fit more
Just in case YOU missed it, NKE reported and went up almost to $80. Is it get_in_early, or get_in_late? Actually, it's missed-the-boat and your pumping UA down the tubes.
They don't have to answer to some little trader that calls them. What does "they refused" mean? You expect us to believe you were at the conference? Please, I've heard enough B-S.
Get OFF this board with your Spampump that you have placed TONS of on the boards today, mere minutes apart. Serial spammer.
You and your "facts." The fact is that my brokerage showed 80-90M shares that day. I'm surprised your feeble, failing brain can even look up a figure. If my brokerage was wrong, it's their fault, not mine. But, you simply use this nonsense "correcting" to harass, because you are nothing but a HARASSER with nothing else to do in you miserable existence but to stalk those you don't like on a message board. Now, that shows how truly PATHETIC you really are. Glad you posted so those with normal brains here can see you for what you really are.
Thanks, cheetah. You know what a useless piece of rubbish she or it is. And you've been victim to her nasty attacks as well.
Hey, idiot. YOU dismissed the problems in Iraq I brought up in a post. You didn't give a rat's a--- about the Ukraine either, and I brought that up in the past Do you have any memory? Certainly not one shred of intergrity. Global warming? You've got #@$# for brains. Go follow the big O, and make sure we waste more on Solyndra, airhead.
A post to be expected by an idiot who shows what an infant and troublemaker you are - VAMOOSE yourself - no one wants YOU, PISDASSO! And take your Rhino farts with you as you've stunk up the air a thousand miles.