WOW! Way to go! I would never buy, too small for my taste. You couldn't buy even 100K shares without moving it 10%, same goes for selling.
Sentiment: Strong Sell
The last transcript- they only had one analyst following this stock! oppenheimer guy was going wild asking them questions LOL.
Should be fireworks at next earnings since they will be even worse than the last 2.
All the way down people kept saying it was manipulation, market was wrong, etc. Then BAM, turns out the market was right all along. Something is wrong when stocks keep going higher and this goes lower and lower.
Are you saying all the people complaining about the service all over the internet are liars? They would eventually go bankrupt if they began running big losses. Don't you find it a little suspicious that the stock market has gone up bananas in a straight line and this won't move? Maybe the numbers are fake, maybe it's just that the technology is junk, maybe it's the litigation, but something stinky is afoot here.
The numbers look great at first glance. Then you look at bad customer service, tons of competition in the communications sector, etc. And you see why this has been pounded down. Doesn't take much for them to flip to losses, and then bankruptcy.
Vanguard founder expecting 2 (TWO!) 50% drops in the next decade. I just can't believe the Fed would ever allow even a 5% drop now. I expect they would shut the markets down before they let that happen.
Analyst estimates are for next year to be lower than this year, and under 2 EPS. The product isn't real good and competition is immense. Only good thing is they commit to buying back shares. But when the market is up 100% and this is down 50% in a few years, makes you wonder.
And what about the most likely case which is $0?