I learned a great lesson from Buffett. If you are a long term investor and your company is buying back stock you WANT low prices. Low prices allow the company to take in more stock. This means you own more of the company. This means lower dividends to pay due to fewer shares. This means higher EPS due to lower share count.
If you are in ATT for 5 to 10 year timeframe pray for low prices. The lower the better and the longer the better. Get paid to wait the whole way and at some point the market adjusts and the stock gains follow.
T's dividend is 100% safe here. The lower the stock goes the more stock they take in and the safer it gets. If you were going to hold for 5 or 10 years it doesn't matter what today's price or tomorrow's is since you would not sell whether the stock is 30, 40 or 50. Therefore hope for low prices and your company gets offered a bargain and you benefit. This is how one makes a lot of money by crushing the short term players
There is not even a .0000000001% chance apple would buy tesla. CNBC filling airwaves with more sensationalism as they always do and wasting investors time. Pathetic.
Tesla is not in Apple's core competency and Cook would never let Musk through the doors as a rock star CEO is not what Cook would want to work alongside
NIC data is about to shoot up if Weinstein and Streep put out a hit on the NRA and guns. Every attack on gun ownership has resulted in massive sales spikes for gun makers. Any perceived fear by gun owners that gun rights will become more restrictive propels sales to record levels.
Weinstein stated he is out to take out gun stocks. Bizarre you would target stocks instead of gun sales. I wonder if he or his friends are short gun stocks. Just a weird thing to target if you are anti-gun isn't it? His movie will have the opposite effect. It will rally the anti-gun people but the pro gun people will just go buy more weapons and the divide continues on and on.
It is sad how dumb Wall Street fund managers are from their ivory towers. Adobe as a cloud play? #$%$! Adobe is software you download. Before you bought it and paid in full and downloaded the software. Now you download the software same as before but pay smaller monthly installments. Anyone want to explain how that is a cloud play? These guys have no clue what is cloud.
By their definition every website is now a cloud play and every subscription software downloaded or not. Every website since day one was actually a cloud play.
Adobe's genius was praying upon these morons and naming it "Creative Cloud". Just because you download software from the web to your local computer and pay monthly doesn't make you a cloud play.
Sure adobe has a few online web services but those are not core functionality or revenue makers like Photoshop and such.
People have lost all idea of what makes a cloud offering and it gets used for everything. Amazon runs hosting with their cloud infrastructure. So does Rackspace. Salesforce and Amazon both use cloud infrastructure to run their website and software as a service. Others merely run their websites on a server or cloud hosting servers and they think all these are the same.
Adobe's numbers and guidance were horrific. People are going to be bailing once the intro rate of 29/month jumps to 50/month which is 600/year. I got the 30/month rate and adobe gave me a free month when I tried to cancel. They would not let me cancel until after my anniversary of the promo 30/month rate. So in a month I'll cancel and as many get their rates jacked up you will see more attrition.
The money will never come to justify the valuation and the sheep will be slaughtered.
If I was an executive at Questcor I would use my considerable cash hoard to once and for all bankrupt both the business and owners personally at Citron Research. If this is just another chop shop call that we typically have seen out of Citron who of course is heavily short stock and options then I'd lawyer up and never settle or let up until they are gone, period. Maybe that's just me. I have no patience for trolls like Citron and would love to make an example out of them. I couldn't think of a better use of all that juicy cash at Questcor right now.
What happens to the stock when we see Questcor files libel suit against Citron and goes after them for damages in drug sales, stocks, reputation damage and to boot it was all intentional by Citron. They have a lot of guts making this allegation but apparently they kept it pretty loose in their wording to try and get enough wiggle room to get out of it when all the claims are shown to be unfounded. I'd make sure they couldn't get out of it. QCOR should hire me.
RTRX was just entering the game as a hail mary for the shorts. Looks like it didn't work. 1/3 of the float has to cover at some point. QCOR going to 100+
I bought this in the IPO. Sold in the 30's for quick flip profit. Was crazy expensive then and I was just feeding off the mania. Now the mania has doubled. Stock trading for 20 times revenues (not earnings). With 15 cents for 2015 as an estimate even if they double that to 30 cents for '16 and again for '17 to 60 cents the stock still trades over 120 PE in 2017. Again this assumes they can double EPS for 3 years running. 120 PE is nuts.
This won't end well. I would not short it because you never know when the music stops. You just don't want to be in it when it does.
Remember apple actually stopped growing YOY in the last year. The worry is that growth will stop and sales go down. iPhone sales in big jeopardy as subsidy game is changing rapidly and users holding phones longer than ever making upgrade cycle long. All bad for apple.
Apple does not have a unique product anymore and until they can get another hit on their hands that gives them a 2 year lead with fat margins and huge sales it is more of the same worry. I fear an iwatch just won't have the dollars or the adoption of iphone or ipad. Also iTV looks like it will never happen and by the time it could others will have already figured out most of what jobs cracked in tv
Wall Street needs you to buy and sell and buy again to make money. Take a look at how many buys and sells have been on coke, Google, Apple , etc. take any stock also,at a lifetime high and see how many times upgrades and downgrades by same firm on same stock. What would following their advice get you? Trading fees and taxes to slash your investment
bucket shop short seller put out that false report. it's bogus. shorts to die on earnings report
Wedbush said something negative so algo bots are trading out at speed. should peter out and KORS is crushing it this holiday season. Went to few malls and while very few people were in coach stores the KORS stores were jam packed and always busy. Also anecdotally in my family the younger teen girls, 20 something and tweeners all asking for KORS stuff. That is the high priority stuff on all of their lists. I am not worried. Wedbush is way off the mark but that is the game they play. Their interests are not those of investors or KORS or their customers
Yup. this is all options expiration. HUGE short position. Cheaper to short more to get your head out from under the massive options the traders have against this. Just a loss minimization strategy.
Weinstein taking on NRA is bullish. Like the shootings, anything that puts fear into gun owners or prospective owners that their rights, guns or ability to purchase them will go away or become more restrictive has always in the past motivated buyers.
Just allowing customers to use software for period of time. Nothing changed in what their core offering is which is the suite of desktop applications. They just moved from selling for set price to own software by license to subscribing monthly. Software still downloaded like it has been for past decade and used the same way on local desktop. Calling this cloud is pathetic but enough to deceive MBA wall streeters who have no clue.
stocks don't move like that. check gamestop (GME). their sales and earnings have gone down every quarter over quarter for the last couple years yet the stock is up two and half fold. sometimes even the numbers can go down but the stock double or triple. this usually happens in heavily shorted stocks btw. GME had about the same short ratio as RGR does now. Wouldn't surprise me to see RGR double or triple even if earnings/revenues are flat or down YOY. Trading mechanics will rule before anything over the short term and 1 out of every 3 shares has to be covered. days to cover at 18 now
Splits don't matter? Yeah right. Mastercard and almost every stock that ever announced a split has shot up. If apple did a 10 for 1 they would get an instant 20 to 40 point boost. The last time a split rumor came out about apple the stock went up on it.
Would tim cook and camp do this? Probably not. On the financial and stock side of their company they are completely clueless.
A split would of course just split the pie up but it is a massive psychology change and takes the fixation off high dollar amounts and records. Also at lower prices it lets scared buyers hedge positions with options at lower cost (5k vs 50k in stock for 100 shares for one option call hedge)
ISRG blew about a billion on buybacks. They look ill timed if done within the last year. Fairly typical for most co's to blow buyback timing though. Would rather see a dividend out of this company for some support. With $17 in earnings and a billion left on the balance sheet how about a $10/share dividend which is about 3% yield. Also a 5 for 1 stock split with that might get some exciting going as it did Mastercard. Need something out of management to convey some long term confidence in the company besides them dumping their stock and buying it back simply to offset stock option dilution
It's been a great stock and with a 33% short interest and 18 days to cover it will get even better even if earnings and revenues flatten out or even decline. I'm up 38% in short order on RGR. This means the shorts have gotten beaten bad and yet short interest still high. I see more pain for the shorts who don't understand that quality firearms are not going out of style, ever. Not a fad. Been around for 100's of years and will be around 100's of more barring the invention of a new weapon to disrupt bullets and guns. Laser guns? Maybe but until then RGR has plenty of upside (for longs)
Wonder what the max pain strike is on option expiration. Earnings will be after the expiration so traders lost the volatility on that so now it is just a matter of getting both puts and calls to max pain expire.
They can never grow into a valuation of even 100/share. why is it only down 40 points? they sell low to no margin commodity products in pricewar sectors. this is a charity company sponsored by wall street dollars. if wall street stops giving them money it's over for the stock price. at best they can make 2/share if they stop growing and spending. PE of 10 for a retailer makes them $20/share
Yup. Last gasp for air. Angi going to zero. unscalable money losing business. always has been. believe the dream they say and get out before the nightmare