I remember reading somewhere that FL mobile was one of their more profitable segments as well. Why would they sell one of their key income generators?
And why would you sell when it's at the bottom. That's the stupidest investing advice I ever heard. All you did was guarantee you lose money instead of letting it rebound. If you didn't notice the whole market was down and Chinese stocks were artificially deflated based on manufacturing data. That's the kind of stupid stuff people do when they value a stock based on price action and not on the true fundamentals of a company.
I doubt it would happen. They are to evenly matched to make either worthwhile. I think there would have to be a clear advantage beyond just buying a competitor out to take on debt of that size at such a young stage in the company's lifecycle. There is still plenty of room for both in the marketplace.
And now the bleeding has stopped and the healing can begin... Never sell at the bottom man it will always go back up if the stock is solid.
Yeah I am on margin on one right now and getting burned hard. Hoping it rebounds before the margin call. They usually have been pretty good growth stocks but all it takes is one bad report and people put on a firesale. Of course they usually come back when good news pops again but that kills the long term viability of a stock. Short sellers and day traders are the devil of growth stocks.
Also there has been in a slow down in auto manufacturing in China that some see as a potential problem with future growth but from what I read that slow down is only in domestic producers with foreign producers like GM reporting record sales. Only 20% use financing in China currently as well. When people start jumping on auto financing, which the government is pushing, sales should go up considerably. GM is confident enough to invest 14 billion in production facilities and I am sure they have done their research.
Sentiment: Strong Buy
Stupid article trying to say the market is tapped and their growth potential is limited. The strong downward spiral and volatility factor in to a lot of market decisions. It's amazing how people do what someone else tells them to do with their money with no regard to the fact they could be manipulated quite easily...
They can be very finicky that's for sure. Sometimes I think they make trading to accessible for people and the market gets overly volatile as a result. China stocks are even worse because people are always on edge.
Man I have no idea right now. These stocks are dropping like crazy. Definitely a buying opportunity on both stocks but how low they will go is hard to say. Both are way lower than one would expect right now.
Because the market in general has been rough for one this month but stupid analysts come out and put a $75 price point on the stock based on stupid assumptions. They are saying the market is pretty much tapped yet both BITA and ATHM continue to beat expectations every single quarter. And of course people jump on the sales bandwagon just like the analysts want. I think it's market manipulation for some reason. Both stocks beat earnings yet are dropping like a cinder block in the ocean all month.
It's funny how this company predicts this plateau of BITA and ATHM yet earnings continue to grow and grow every quarter. If the market is as saturated as they are pretending it is then how can they continue to increase earnings? We should be seeing slow earnings growth but both companies continue to beat expectations every quarter. I think it's just another case of market manipulation and apparently it's working.
Sentiment: Strong Buy
Stock trading is full of wudda coulda shouldas... If you bought Amazon at 408 you would be sitting at almost a 25% loss right now. Just depends on when you get in. Amazon is a good growth stock but has a high risk potential since there heavily reliant on cash flows. As long as they can maintain them then they will be fine but if something changes suddenly they could find themselves heavy in the red real fast which could mean bankruptcy and a plummeting stock price. High risk high reward.
Strange cause there earnings are pretty similar and ATHM had a higher increase at better margins. And the shares are half the price... Mind stating how you came to your conclusion?
They were over priced to begin with. People exected a huge ramp up in price and as it doesn't happen they slowly start selling it off.
The real money in this stock is going to be for the long haul. The volatility from short term trading makes it risky for quick gains in my opinion.
Sentiment: Strong Buy
It is a key aspect of any profitable company. Sure you have to consider other fundamentals like cash flows, debt, margins, etc. but it is a great indicator of the risk and the value of a company. By the way, people have predicted the earnings for BITA to be slowing down which means a higher P/E is unjustified for less earnings. Also, operating cashflow is way higher for ATHM than BITA if we want to talk about some more fundamentals of the competition. Keep your eye on the stock price though cause the competition is coming around the bend and about to pass you by.