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?
Yep. It's intoxicating to see how this market is acting right now. JCP, BONT, lots of high beta junk going up 50, 60, 70 percent on no news in a couple weeks. Shorts are getting squeezed huge. feels like 1999/2000 right now. If there's ever another spike in the VIX I will put 1/3 in SVXY and prune it back to 1/3 as it goes up, maybe every 6 months. Bernanke is wild, that cat is out of sight.
Can you imagine telling people 20 years ago we'd have 0% interest rates for years and nobody would think something is amiss? Retirees being sacrificed on the altar of a stock market bubble.
What a year. This thing is the way to play. Most of the year I was wasting my time shorting VXX and UVXY, playing SVXY is the way to go. Just up up up. S&P has been down maybe 5 days in the last 100.
Agreed. These guys are out of control now. I wonder if Bennie is planning on taking retirement in Latin America so he can juice their markets out of all proportion.