Can not post link so go there. EW is #7
FB # 1
BABA # 2
EW is the only stock in the healthcare biotech, medical devices,etc..in top 10. Very impressive and honorable
1. Low pole reversal indicator triggered 12/24. Means when a stock dropped from high to so low like from a pole. First Reversal day started . P&F chart has $91 PT.
To give you examples. TNA had this flag on 10/15 at $57, SOXL at $78, SWIR at $24 & many more. I posted these on StockTwits at the time.
2, GPRO can move up & down in a big way. Each move was 40% to 60% from base price using daily chart.
In august from $37.24 to $57.5
In Sept $64 to $98.5
RSI only 50,3 very low. GPRO has rbi 80 90 in the past. A lot of room to move up.
And we saw similar moves down .
Look at weekly chart, A little bit longer time frame, it really moved from $37.24 to $98.47
Fundamental drives stock prices, triggered the big moves.
GRPO is a great growth stock, driving first big move after ipo
Then the shorts using valuation to drive it down
Then October correction.
Then lockup expiration.
Now the fundamental clearly showed GPRO has great growth for years to come.
Analyst just said rev will be in the higher range for next earning release base on channel check. $5M this year, $6M 2015 & big jump to $9M $10M in 2016
This is impressive growth & analyst said GPRO is not expensive .
Both TA & FA are solid to drive GPRO much higher, to even new high just a matter of time. Traders can use ma-50, technical indicators to jump in & out but clearly it's a long term stock based on impressive growth.
Barrons & all the articles I read so far did not mention how undervalued GILD. PEG is only .46
They did not compare this with other biotech stks GSK PFE, etc that are trading at twice to 5 times higher.
GILD has PEG .52
GSK PEG 5.13
PFE. PEG 15.91
ABBV. PEG 1.66
My analysis is very simple. Even GILD can ONLY sale 1/3 of current revenues, it is still cheaper than ABBV
GILD can sell 1/10 of current revenue and still cheaper than GSK
How about comparing with PFE? It's a joke...means GILD will have to go out of business and still cheaper.
Where are the analysts? In the hiding? Get out and defend GILD. You guys are jokers, loosers. If you read this message, shame on you guys. You are all FIRED!!!
GSK has PEG. 4.73
PFE PEG 10.37
So GILD is trading at PEG .49
To compare with GSK GILD should be trading 10 times higher.
Ok, fear of discount revenues? , cut in1/2 the trading 5 times higher than current price..unreal.
Chinese are smart. I keep saying that. They rather eat rice & salt but not driving the price down when they know great future of the company.
Also many big, smart funds own shares.
Of course they do. I used to own stock options and had thousands shares. So I have first hand experience. If you bought your house $800K, it went up $1.5M, would you sell it for $900K ?
Wow. How could you say that. I had to sell the options that had the expiration dates closed to current date. If I know my company have good growth potential why do I throw my stocks away?
You think insiders are so stupid?
Gary Smith, the chart man . He is very well known on wall street. On Bulls & Bears show just recommended
GPRO for 30% upside.
Re recommended AAPL when it was very low saying 50% upside. It's even higher than that now.
Happy new year and good luck to all.
To predict price for this spring, next ER will determine that. Ma is too proud not to deliver a great earning report. We know that 11/11 sales hit record numbers. Shanghai index keeps hitting new high. Since ipo, more U.S businesses sell products on Tmals like COstco, GPRO, etc.
BABA is a lot more than just an ECommerce.
By the end of 2014 mrkt will be higher due to funds will drive stocks up for their bonuses. NASDAQ still in an uptrend. AAPL took it down and black Friday results took it down. Actually, we do a lot better if combined stores sales & online. They did not even include mobile sales.
It's so crazy that BABA had the best 11/11. Why did they take it down because of Black Friday?
BABA does not have enough history data on chart to predict using TA . If NASDAQ comes back up, it will pull BABA up. I prefer a stock with RSI 50 & above. It shows strength. Take a look at EW where I have been a poster there for years and invested in this stock since $15 pre-split.
So if NASDAQ comes back up then BABA will be around $115. Good ER usually bring a stock like BABA up at least 10% because I think it will be a great one, good 11/11. New year. So $130 at least after first ER. Assuming there is no other news.
There are so many hedge funds/funds own BABA, it's a good thing.
I got in BIDU since ipo, jumped in & out many rimes, same with VIPS since $35 pre-split. I plan to INVEST in BABA for years to come. It is a game changer.
Don't be surprise that EW will split not long from here. comparing with STJ MDT stock prices, it makes sense for EW to split. See AAPL 7/1 split. More investors can own 100 shares lots.
Remember that EW stock price was much lower when they split the first time.
GILD because of the article from Barron, PT raised to $133. Biotech was strong a couple days ago and GILD was down. So GILD is strong because of strong fundamentals and cheap.
First split was on. 04/12/2010 when EW was at $102. EW is a great long term hold. We can see the tape action. Market in deep red and EW is holding very well.
EW is a quality company, products, management & hard working people.
Companies sue each other more often than we think. AAPL being sued often.
It takes years to have the end results.
Give you an example. EW a new ipo 14 years ago, after not long after ipo was sued by MDT on patent.
EW stk went down first then with great growth, after 1 split it is now about $130, ipo was $14.75
MDT after years, stk did not appreciate much.
A few years ago, EW then sued MDT on a new product.
Bottom line, if good products & great demands from customers then stock price will appreciate.
Buy good growth companies.
It take years to resolve the lawsuit. Do not need to watch hourly. Financial numbers is what we need to follow. CSCO has no growth & they are loosing customers to ANET!