They know to use their smart phone and buy stuff for cheap. Herbalife is an 80's business. Who has money blow paying 3 times retail price for marginal quality?
and how to buy product for cheap on the internet. They don't need herbalife. Last 2 earnings reports show the company in decline for the first time in years.
Oil inventories are a red herring. Don't bother watching them they are just interesting statistics as far as predicting the oil price...notice there were not builds as oil fell from 95 to 85 to 75 to 70 but now that we are 50 we get huge builds every week and only now has oil stopped falling but is going sideways. The bigger issue for ESV is that is there reason to drill in the ocean anymore when it is so easy to drill in shale land driling. I don't know the answer. I read that 30% of oil production is off shore globally. So there will always be a strong need for off shore drillers like ESV. Timing this is pretty hard. ESV is not a bad company though....and they are still going to have profits next few years while others do not.... The fact that they just borrowed $1.1 billion at 5.25% tells you all you neeed to know...this is a strong company and has wall street support. Good luck Buy this on further dips and sell the rips.
But stock is green....hehe.
You sound like a good trader. It has gone up but it will likely go back down all I'm saying... It has had a nice counter trend move but unless PTEN is to make the ultimate V bottom and too the industry....it will likely fall back and retest the 17's. I would short this stock aggressively on any further rise and will do so...
True but you wouldn't buy it up 17% on year because clearly they are screwed for 2 solid years....$14 was a dumb price too low but I doubt it goes up much more. I mean 21% of the rigs already dropped in just 2 months plus I read a story saying pricing for the existing rigs could fall 30%....so revenue will be cut in half and analysts have loss estimates for 2 solid years. So they are toast. If you are long I don't mind telling you to sell and wait for a dip...its a no brainer.
Not sure what the buy order end of day was all about but I call BS.
Unfortunately they did it at about $35/share...would of been nice if they had waited....Now that the stock is under book value watch them not buy back any shares... Funny how that works... Hopefully for them they will keep buying back some shares under book value because i think the company will be around. Every 5 years there are all new teens and they like different things.
And they are debt free. $20 is an almost unthinkable price for ANF. Sure it might trade a few dollars down...But it doesn't take 5 minutes to see that the stock price is too low based on almost all metrics. You can't find any retailers that make money that trade under book value. That said the company is doing real bad so its not surprising the stock has fallen so low..But it is a good long term buy relative to other companies in the market. It is trading at 14 times depressed earnings. Not super low....but when you consider they have $8/share in cash...it is trading at 8 times earnings net of cash....which is about 50% of the industry norm.... A fair value might be a 12 PE plus the $8 in cash which would be $26/share. Good luck. Also the earnings were about as expected....I mean they beat the estimate....same store sales a few % worse than expected....They need to get their act together...but its not hopeless.
She is going down hard and fast.
This was after the earnings report. This week will be interesting. The weekly range could be $58-$74...who knows. Good luck.
What about the fact the company already trades at 20 times sales. Do you really think it will hit 40 times sales. That would make it by far the most expensive stock in the entire market. at 20 times sales it already is.
Only thing more expensive is MBLY and we see how that ended. Total flop. Truth is CYBR was expensive at $35 valued as a real stock. Certainly nothing happened to double it in 2 weeks. Earnings report was good but lets call it 15% better revenue and guidance was just 5-10%. That should of been good for 20% max. Not 100%. Do not be a bag holder over $60 in CYBR. Good luck. Do your own research.
One thing we can all agree on...Nothing changed in the business this week as the stock went from $53 to $70. And definitely nothing from Friday at noon when the stock was $67 to friday at 4pm when the stock was $70..... Cramer Sell Sell Sell. Let it come in Let it come in. CRAMERRRRRR
Excellent earnings?? They have no earnings. Next year estimate is 50 cents or whatever. That is excellent earnings for a $5 stock. Not a $70 stock. ROFL.... This is a $50 stock max as of right now.
CYBR 180 forward PE and 18 times 2015 sales. Only growing 25%. And its competitors are huge and will crush them. Its dumb.
They must be giving the software away for free.... FEYE doesn't care about making a profit. Its worse than the oil industry with their crashing earnings.
This is just LOCO, MBLY, GPRO, VJET all over again. They all fell 50% right back down.
Non-GAAP operating income is expected to be in the range of $11.0 million to $12.5 million. 2.4 billion divided by $12.5 million is a PE of 192!!! ROFL PUMP and DUMP.
So price to sales is 18 times on 2015 eps. Versus 10.7 times for FEYE. Probably why analysts only have $40s and $55 price target on CYBR....