Have you heard the expression 'Talk is cheap."? Let's see a copy of your short trade for tomorrow.
Guess I won't be using you as my financial advisor anytime soon. The after-hour news and reaction to it underscore the importance of keeping a long-term perspective, not simply reacting to daily fluctuations.
This stock reminds me so much of tsla about two years ago. Tsla was initially trading around 30 dollars a share. Then analysts and pundits began pumping it, calling it the new aapl. Right after that initial push, the earnings report surprised many, including short sellers who had heavily bet against the stock. The ensuing short squeeze helped double and then quadruple tsla. It was only a year later that the stock started vacillating both directions, and it has now somewhat stabilized.
I see the same trajectory, in terms of stock movement, for amba, even though the company is ostensibly far more profitable than tsla. I believe this stock will reach the same heights, if not higher, as tsla as it is only moving through its initial stages of growth. One definitely needs to keep an eye on it.
I think you're overstating the obvious here. After all, this stock has been up $5-10 for days in a row. So why shouldn't it be expected to at some point reverse course?
Put your money where your mouth is. Heavily short the stock early tomorrow morning and post a copy of your transaction for us to see.
Something tells me this person hasn't bought any twtr shares lately. The 100-dollar- loss joke only highlights the need for an audience--as anonymous as it might be.
Earnings surge more than 33 percent. They announce a major buyback program. They have just introduced a new and exciting program. And yet the stock is up by a measly 1.5 percent. What's the point of holding through earnings unless you're a long-term investor? if they had barely met expectations, let alone missed, it would have surely been down by 10 percent or more.