i guess all you can do is add on the way down. something isn't right when you had a $1.2 billion buyout of MGAM and the combined company is now worth under $400 million - and its not due to massive earnings misses or the like. call me naïve, but even your $8-$9 target seems conservative.
they meet on EPS, slightly beat on revenue, lower EBITDA guidance due to corporate initiatives meant to improve the long-term prospects of the company and get hit by almost 20%??? mind you the stock price had dropped 20% in the last month or so already, so this had to have been baked in somewhat. and the topper is they lowered EBITDA estimates to $200-$205 million or more than $3/share. and the stock is selling for under $6???? I don't know what this stock will do in the next few days or weeks, but this will be 2-3x higher by next year this time. if any of the talking-head morons give this stock any press it will certainly be negative because they will always err on the side of the current-hour momentum.
the panic the shorties want to see. you're feeding them. or are you just a shortie yourself? find me another tech stock selling a 1x sales. INTC is about 2.5, AAPL is about 3 and the list goes on. And those are the behemoths. little guys like TSEM should actually get a bigger premium IMO. keep some dry powder and enjoy these drops knowing you can buy more at firesale prices.
proof that stocks will sometimes go down only because they are already heading down. it certainly creates opportunity. but if you aren't willing to stick with the stock through thick and thin, then buying on the way down could hurt your portfolio.
now his sour grapes is showing through even though this is one of the BEST times to invest in gas stations and TA. margins will continue to be great due to low fuel prices and more sales of the higher margin items outside of the gas purchase, and their business model growth plans are strong.
the article doesn't make a convincing argument AT ALL to buy exxon and stay away from TA. the personal agendas in these articles is SO OBVIOUS!
you're saying the sale of fractionals will have a negative impact on the stock price of TSEM??? if so, do you have a clue what you are talking about? how many Kenon holders are there? I have no idea, but lets overestimate and say 10,000 (my real guess would be not more than 500). 10,000 x 0.5 (average fractional share sold, by definition) = 5000 shares. its piddly poop.
uhhh, logan makes a lot more sense than bodeebo. I never knew the charts had anything to do with corporate decisions regarding a share offering.
really? revenue miss due to lower gas prices? gas prices are out of their control and margins on gas don't change much so you can't just look at revenue for this company like you can a tech company. think outside the box a little.
losses are mounting and will continue to do so. this is a scam/sham company putting out bogus vague pr's that can't be verified due to their vagueness. puffery at its finest.
They are concerned about the "E" in PE, yet the E beat expectations. then they go on to rag about SSS and Revenue. if you've ever shopped at KSS, then you know that higher margins is a GREAT thing because sometimes the Revenue is up due to lots of clearance sales. obviously they are selling more non-sale items and fewer clearance items. come on you "experts" - do some analysis outside the box a little. things here are not so bleak.
these shares are in the current share count. they are distributing them to the holders of their "fund" rather than selling them on the open market. the holders of the fund who receive them will likely mostly continue to hold them. there is great value here. why would they sell? this truly is a classic case of warren buffet's "buy when everyone is fearful".
they are meeting tomorrow to approve the distribution of some or all of its 19+ million shares to its holders. doesn't mean they will all be sold, but it will certainly lead to a large chunk of shares to be sold. if only 20% are sold that'll be almost 4 million shares to hit the market.
that is so not true. this sector has had more bumps in the road than any other and many of TSEM's past drops have been on the back of short-term weakness in the sector.