My guess is $11.50 with report and climb to $14.
SODA will be making over $3 a share this year. Who cares if they keep the share price down. In 3 years when they're making $5 a share and paying out big dividends, I won't care if the price is $50.
A catalyst would be a news anchor reporting "Patrons erupt into a fistfight at Walmart over the last SodaStream in stock"
Did anyone else read that? They bought 2.4% of the entire company, that is huge. Tiger bought GRPN at $3. These guys are pros. This is a huge sign.
Did you not watch the home shopping network (HSN) about 10 days ago? They sold about 40,000 machines on one segment.
Have you seen QIHU? They were accused of being a fraud and started at $15, ran over $80 in one year's time. I think $50 is a strong possibility. I'm just writing out of the money monthly covered calls since the premium is juicy and this will most likely be a gradual rise. I've already reduced my basis to $7.40 with a $15 Dec option after collecting the Nov. premium that expired worthless.
To me it seems obvious that when NQ was running up to $25 in a brief amount of time, someone was getting burned real bad and was forced to resort to this false reporting as a last resort. People are claiming that the report was to make money. I actually believe it was a desperation attempt to dig them out of their hole.
The reason why TRMR went down is because they are having difficulty on the transition to mobile. Their video ads are strong on the desktop but they can't figure out mobile. Their revenue/growth declined and the forecast was terrible. On the other hand, MM is PURELY MOBILE. Segments of MM are growing at a 30-50% clip, unlike TRMR. Basically, FUEL is outcompeting TRMR and driving them to the ground.
I'm in MM because it is a pure-play mobile. FB, LNKD, YELP, P, you name it, they're all reporting explosive mobile growth and there's no reason for it to stop. MM has a strong balance sheet, excellent buy-out target, extremely low price to sales, great growth in an explosive industry.
I have a 2013 vehicle. I think all current models come with a USB. Guess what, I plug in my I-Phone to the car's USB and I get I-Radio in my car. Pandora getting into cars? Uh.... okay.
Another big thing (still learning the new software) is that you get the full screen and navigation (skip songs) when your phone is locked. I obviously can't do that with Spotify or Pandora.
Well, you can check my posting history, I never said I had a position in P. My buddy asked me what my opinion of P was and I said I'd wait for I-Radio. If Pandora was hoping that I-Radio would be a Tim Cook flop, then they're dead wrong. Look at I-Radio for yourself, seems like a pretty good option for streaming music. I'm pretty much going to stop using Spotify b/c of the I-Radio b/c I can just switch off from radio to my purchased songs with one click rather than using two apps.
Sorry, I just got excited, it took like 15 minutes to download so I was happy when I got my phone up and running.
I would say the biggest thing is the convenience factor. I just tell my phone "play itunes radio" and it starts blasting.
The next biggest thing is... I like listening to all genres of music so there's a best selling on itunes category, all the top hits.
Obviously there's artificial intelligence for the song queue based on what you "favorite" and it's queueing pretty well. This is pretty much a more convenient Spotify with a cleaner navigation. It's nice that it has a purchase song button when each song plays, I'm sure the publishers and music companies will benefit and love this.
That's my take from my 20 minute user experience! But I'm just blasting my iPhone in my office, back to work!
Doesn't the timeframe fit for that theory? Wasn't the additional data supposed to be submitted 3rd week of August?