Cantor Fitzgerald initiates coverage with buy on .67 stock and no one blinks. Doesn't anyone find this a little unusual. Did I miss something?
The only important criteria is when you measure the analysts' expectations against the actual earnings. If a company does well but is below the analysts' expectations, the price will decline.
The drop has been caused by downgrades only. I love the way these analysts point to past drops and completely ignore the downgrades that occurred at the time the stock price dropped. February earnings will far exceed expectations and JCP will rise signifigantly. "Regardless of the drop in revenue, the company managed to outperform against the industry average of 4.0%. Since the same quarter one year prior, revenues slightly dropped by 0.5%. The declining revenue has not hurt the company's bottom line, with increasing earnings per share."
My biggest fear is that there will come a time when they actually get it right. Every quarter they miss by a mile. Why should this quarter be any different? JCP has already plunged. If the analysts are as wrong as they have been in the recent past, JCP will soar. When I've been in my local JCP this past month, they were always crowded.
Try doing what I did. I went into 20 JC Penney stores in the NY, NJ, Connecticut area. I found that the stores were always crowed with customers purchasing goods. Credit Suisse is wrong. They are misreading JC Penney's strategy, the are not investigating as they should and they are pushing their own personal gains over correct analysis. It's usually called a conflict of interest but I guess when you're that big, you can do what you want. Penney will posper. I use the same observations to choose to not buy and sell short casino stocks.
Agreed. Revenue missed by 0.3M. Stock dropped from high a couple of weeks ago, by approximately 15%. Absurd. Informatica will return and go up by 15% to 50 above where it was. Insiders at Informatica, are capable of doing their jobs but incapable of seeing where their company stock is going. I wrote things like this when INFA was at 12. Informatica is the glue that binds systems together, at large companies, in addition to their other functionality. Large companies have a choice of rewrites or using INFA software. 50 by 12/31/15.
I've posted this at various prices. Informatica has always been and is the glue that connects systems running on different hardware at large companies. It is not cost justified for the companies to rewrite legacy systems so they pay the lease price to connect the data. I've posted this numerous times and Informatica fall first and then rises - always. Expect 40-42 at some point in 6 months. It's 36 + now on June 2 2014.
Expecting Tuesday open to be much lower than Friday close. Any ideas on how low it will open?
I heard a rumor that when JCP eventually goes to 10, that the idiots at Wells Fargo will issue an apology for being stupid. I don't know if it's true or not, but when it gets to 10, I really would like to see that apology.
Insider selling = NOTHING. The correlation between insider selling and 3 - 6 month price change is 0. That's zero for all the amateurs who understand nothing. People sell because they want to buy yachts, or houses or pay for college educations. Lemmings follow other lemmings and there is a short term drop followed by a return to normalcy. The stock price is below what it should be and what it was. I'll write again September when by which time it will be back to where it was or higher.
My short term target is 41. Based on rumors I've heard, the earnings are in line with predicted earnings or slightly better than predicted earnings. Price should begin rising as soon as earnings are released.
Maybe he's buying a yacht. Maybe he is paying tuition for his extended family. Traditionally insider selling is meaningless whereas insider buying has been correlated positively to future price increases.
I read some negatives, some positives but overall a lot of positives. Obviously the negatives convinced more people than the positives. I did not see the specifics that you mentioned. Can you tell me precisely where they are?
I wish that I had the money to buy more. There is nothing wrong with this company. It is a very very low volume trader and it will go to 30 and it won't take that long. It's just a few sellers that have brought the price down in the short term. Company is stable, competitive and will be back to 30.
Fabulous buy under 29. GLT would be a great buy at 29.50, but at under 29 it's a fantastic buy. Small volume and often 6 cent spread, but most buys and sells in between bid and ask. Declined on small volume. Any decent buying will make price soar.