The following 3 phenomenon being observed simultaneously. All pointing to something about to be launched from the catapult
Short Interest - DECREASING
Institutional Ownership - INCREASING
Stock prices - LOWERING
As I understand there will be no IPO for the new company. The number of shares of the new company existing JCI shareholders receive will be proportional to the value of the entities being spun off, and the number of shares they currently own.
Theoretically, the sum of share values of the new company and JCI (without Automotive Experience) after spin-off should be equal to the share value before spin-off
Just give your statement another thought ...
100% profit means doubling PPS from current levels, and that means you expect this to be valued at 16 Billion !!!!
The great earnings report was already priced in when GRPO ran up more than 10% last week.
What you see now is profit taking, and MM trying to get it down for a nice re-entry
I don't think they buy your video. You can upload your video on they site, and when agencies decide to use your video you get a royalty.
Similar to stock photo/video business - I can see how this is going to be different
Does GoPro have an ecosystem that can generate revenue outside of its hardware sales ? - NO, and this is my biggest concern
If you bought this last week or before, then it is a good time for profit taking.
I believe there would be an opportunity in the near term to re-enter in the upper 50s
I say wait.
The negativity this morning will only make more people sell. I reckon a good re-entry point should be around 57
close to 30 million shares traded yesterday - people who expected this good ER bought yesterday ans last week. They will hold on to this for a while.
You idea is correct ... but I think you got the resistance point incorrect.
I think it needs to break $75 resistance
I am just getting a feeling in my gut that's what is going to happen
Remember ... a lot of consumers are benefiting from the oil glut.
As the election season starts, politics will be around the common man - Lower gas price is good for politics.
Estimated Enrollment: 240
Study Start Date: July 2015
Estimated Primary Completion Date: November 2016 (Final data collection date for primary outcome measure)