The recommendations are still in the beginning stages.....as I mentioned a couple months back, you can go look if you want, the next leg up would likely be the result of analysts jumping on board late. While I tend to agree with you that I wouldn't want to start a position here on the long side, I think it is a bit early to be selling.....it should go to about 220/sh which makes it a hold for owners and a buy for traders. MMs will try to squeeze a some performance out of the name b/w now and the eoy.
TOGA- That's a great point that I hadn't thought of....I would think that it is not looking for offers to sell b/c the stock would trade at a premium which it isn't. I personally think it is trading at a discount.
Well, this would be considered a pullback....how far we have come in 1 year. 15 is a big pullback...lol....lovely. I agree with both....I own SLB and WFT, SLB is best in show and WFT is cheapest in show for reasons that are not that difficult to fix. I love the game plan and to be honest, I have been long the for years, green on position, believe it or not, and it is the first time I can recall the management sound like LEADERS. They are taking the 'bull by the horns' and for the first time in a long time, since the move to ZUG, they are trying to do something that will improve the companies value. The market is cooling off on the name.....I am warming up. I'm not a buyer at these levels only because I added this past Summer at 14ish and I typically will only buy more on major discounts (something that is likely an investing weakness). I just find it tough to buy on the way up unless it's a momentum stock. GL all, B
Didn't you just buy on Dec 2nd???? Did you expect that the 600+ stores were going to be opened in a 3 day period? Just wondering because you are buying the shares at a support price which is being established after a monster gain. WFM has treated longs very well both in the wallet and in the mind (for those who like seeing stock splits....which I admit, I do). I am hoping for more weakness so I can buy some more....but I am likely looking for a deal that won't present itself. Which is fitting since it is Whole Foods. GL all, B
not likely with AAPL going up a couple hundred.....buy who knows, someone may get stupid and buy TSLA here.
you are 1 of a couple....
You may be correct....but sometimes it is what it is.....this is a game changer. Apple is trying at a discount when it comes to FPE.....how does this help that FPE? Multiple Expansion is in the works........whether it starts tomorrow? I don't know but I would say this...if you were short, would you cover tomorrow???? or wait???? I would cover b/c I would rather duck and cover and live rather than look around at the light show and say "what's all that". Have fun longs, B PS- I have a limit sell in at 715/sh....lol...it will be bought
I think it rockets higher myself....this isn't a small deal. This is a couple hundred million units perhaps over the next couple years. It's not like this is a high flier, it's got a 10.5 FPE. Stock goes up 50/sh minimum at the open in my opinion. GL to all, B
doogle- I hear you....why have your money in a company that is going nowhere? But the fact, as you clearly agree, is that NG is going to be a big deal at some point. The prices will go up.....who knows how high down the road (sadly I will only make my ancestors wealthy if I am correct). The way I look at it, it's cheap now so if I do have dollars that I can't find a home for (and I do keep cash as a position so I'm never all in the market) I will usually go to the companies that I think will be in the middle of the action years down the road....for me that means anything Nat Gas.....CLNE, UPL, GLNG, and a couple others that are less tied. I seldom trade these names, just add. There have been exceptions (aka CLNE at 24/sh) but the money quickly went back into the name. GL all, B
I think it is what it is at this point in their cycle. They had to renegotiate contracts at more competitive rates (negative) but what you are hugely missing is that the demand for the services they provide are going through the roof (very positive) and what I consider the most important point is that they are a leader in internet security which is the future rev. draw. As for projecting growth.........don't put to much credence into what they report and don't report. They may have wanted to temper the expectations because the stock was way overheated.....but of course that is speculation on my side. In any case, I sold a quarter of my shares on the way up at 47.5 and would love to get those shares back up 40. Good luck, B
To start I will say that I don't know what happened BUT I will tell you a sad story of a mistake that I made once that cost me some coin and did make a minor blip on that day's chart.....the same may have happened today to WFT.
So, I put in a limit BUY order for "I think it was AKAM" a couple years ago. At the time the stock was trading around 33.10ish, well to make a long story short, my limit buy was surposed to be 33 but I put in 34 and my brokerage bought me the stock at 34 (which #$%$ me off b/c they should have just bought at the market price to protect their client you would think) and sure enough, I saw the chart spike for a moment and come right back down. It wasn't till later that I saw what happened......the same could have occerred today only on the sell side b/c I have almost done that as well....live and learn and double check. FYI, the example isn't to the exact timeline and I'm not even positive it was AKAM.
Chang- Saying a gap 3% below the current trade is going to close doesn't make you some guru....it makes you a person who likes stating the obvious. Furthermore, for you to say that you want to be on the side lines when the market is extremely bullish??? It's absurd. While I would agree that it isn't the best time to be buying stocks....you absolutely have to be in collecting the gains. As you get gains, sure you can fade your positions and raise cash to buy on some pullbacks, but to say it is wise to be on the side lines is nuts!!! The market has been extremely bullish the better part of the last 2 years......hope you haven't been on the sidelines the whole time.