It doesn't seem this company has made any money, and this record of negative earnings, even with small beats, doesn't seem to indicate a stock to buy. If I'm wrong, show me why.
Four downthumbs, and only one answer that basically says nothing to support it. Great group.
Well, having bought at $1.55 gives you a totally different perspective. You can wait for this stock to go down and then sell and make a ton of money, or take your chances, waiting for the possible buyout, or whatever. For someone to buy at $12 is a whole different animal.
No, maybe I'm no drug stock expert, but those here with their arrogant attitude show their own ignorance of how fickle, risky and unpredictable the drug market can be. BCRX is a company who has significant negative number earnings for a long time, so just beating the negatives by a few pennies is hardly impresssive, nor does it compare to companies awash in cash like GILD, who has many other drugs than its Hep C drugs, and I believe there was positive news on one of them today. The rest of you are a joke.
Why don't the rest of YOU read. I'm glad I get Seeking Alpha as a free subscriber, since YHOO pulled them from their site questionably. Their articles still appear on CNBC. Yes, some of their writers are not the best, but others far surpass the trash and lies spewed out by so-called major analysts. So, read and learn from:
Ambarella Growth Story Shattered As Markets Bifurcate And Face Margin Pressure
Some of the information hardly supports the nonsense posted here, such as:
Why Ambarella is overvalued
Surveillance Cameras: Video technology is unlike most other processing technology in that there is a finite limit on the effectiveness of cameras. Your eyes can obviously only see so many pixels per square inch, and after a set limit, any higher definition is extremely cost prohibitive or even worthless.
That level for most is around 1080p, and 90% of users will either refuse to upgrade from 1080p or upgrade only after prices go down, as the extra effectiveness from 4k video is not worth it. Going back to the bifurcation part of the thesis, the mid to high end will stagnate at 1080p, with only extreme needs moving up the chain to 4k. The high end market will likely continue to grow at maybe upper middle single digits.
On the low end, Ambarella faces pricing pressure. Once again, owing to the unique attributes of video, there isn't really any way to differentiate oneself once the "vision wall" is reached. As the mid-high end stagnates, the lower end(gas stations, etc), at 720p will be extremely reluctant to upgrade unless pricing comes down significantly, as they are extremely price conscious. There isn't much of a way for Ambarella to compete at that point other than on price, as there are no other defining attributes of video that are as important. Ambarella even acknowledges this in their 10-K, and combined with the fact that Asian competitors should catch up with them very soon, ASPs should fall drastically.
I looked at your posts. You're a flaming, foaming simpleton leftist liberal. Delacruze, huh? That tells me a lot right there. Take your leftist Democrat Marxists and leave the country and never return. Try Iran.
Just pack your bags and leave for Iran. Make that your new country. How dare you taint this site with your m--tal s--kness.
I don't wish to insult you either, but the short interest in AMBA is huge, and the immense over 1,000% increase in price (this was $6) , just within the last hour of my writing this, about the high short interest and the "ridiculous" price of this stock. So, they may have more customers than GPRO, etc., but it doesn't appear you have found all the info/comentaries out where many have questioned this stock as shooting up way too much and too fast.
I'm at my wit's end. I'm told that the expectation of Sept. rate hike adversely affects the Utilities, as investors would rather hold bonds at a lower interest rate (or stocks that pay dividends in different sectors, will not be interest-rate sensitive.
So, what is a person to do when stupid enough to buy SO at $50 when it was flying and the Cramer machine was pumping and pumping this? Not only do I have a huge loss in the stock, but I have Aug Puts at $41 and, worse, at $45? There seems to be no way out. The options would be only monthly, and the Octobers are not out until the July falls off, and they could be a bad choice, if the Fed does a rate hike in September. So one is left with November, which always expects about double the earnings (due to summer heat profits), but there have been Novembers that have fallen considerably after earnings as well.
I see no way out of all this.
Vger, wrong or right, I disagree with you. SO has been one of the worst hit of any, and losses due to the Nuclear plant issues seem to have made this worse. I'm not quite sure how to interpret the news on the Vogle plant, for example. It seems interpreted by the talking heads/analysts as negative, due to more delays and expenses. Most other electric utilities have been seeing less decline than SO. The chart looks horrendous.
I am deep in margin, with other losing positions like BABA. I don't have a problem waiting for this to go back up (if you are correct), but I'll be without almost any buying power and paying considerable margin interest for who knows how long? Every day I see the stock go lower and lower, and i wish I had shorted it, while holding the long position, and I would have trimmed my losses considerably. But the daily decline scare me to do shorting, so I'm despondent.
Yes, Vincent, I have read about management's poor job, and their working for themselves rather than the shareholders. And you are right that the yield doesn't make but a small dent in the $160,000 loss on the 20K shares I was crazy to buy at near the height in the spring.
This is what I would expect, as it goes down every day, showing it is being sold off with more sellers than buyers, and they seem willing to fill orders at bid, and then the bids see that, and reduce their bids further, creating a vicious cycle. I am living a hideous nightmare with this stock.
Vincent, you're right; it is not, but I believe still the rebalancing affects other averages, but I may be wrong.
Can't buy anything, as I'm maxed out, and if market tanks, I'll have to liquidate. No way out here, other than shorting stocks, which I'm leary of. And, yes, I am very worried about being near a correction. I wonder if Icahn is continually stating this because he has tons of shorts he wants the market to drop to cover.
Well, here we are 2 days later, and the stock is even lower. So, is there a bottom here? The charts don't show any indications of that, unless you go back two years, and I don't believe in that kind of chart viewing.