NO. QCOM can just launch a similar product and try to gain market share. But someone buying SWKS is really the only hope investors at $105 have any chance of making any real money. This stock is very high. It could do well can go up a bit more or one major design loss could send the stock down 30%. Apple knows how to make sure its suppliers don't make too much money.
And the sales did not turn a profit . So basically there isn't much growth if any and the company doesn't really make anything. So whats it worth?
According to the article they bought 4.8 million additional shares for $56 million. That is $11.76 share. Lets see if anyone wants to pay above $14 tomorrow.
CLR needs to come clean that they are losing money and the forward strip out 6 years says they will still not make any money deduct a $10 discount to crude forward curve. Its dang ugly.
so sales are falling per member significantly. That means the whole food chain must be suffering means next shoe to fall will likely be a decline in total sales members....and another round of lower revenue. We shall see. Just guessing..what does everyone else think
Because it stinks. They have finally ran out of new ones and the existing ones are starting to sell less product per sales leader. They still make alot of money but the growth has about flat lined. The company trades at 10 times earnings but has $14/share in debt. Adjusted for that the enterprisevalue/earnings is closer to 13 or 14. So it is not super cheap given growth has stalled ect.
I imagine they will start selling monday if they can find away to hedge it.... Don't know what is permitted. Mutual funds will not buy before the lockup. That is guaranteed.
This stock is worth 30's. not surprised to see $50's. But the last $15 up is silly season.
FEYE will lose money to get a customer. So what is the point. This is a pump and dump. A mini dump to $60 is coming and then a greater dump with lockup expiration. in 5 years maybe it can grow into this valuation but probably not. Dumb.
Cramer sell sell sell at these prices
For all the hype Revenue growth only 25%??? This is a tiny tiny company. Insiders getting ready to dump their pump.
I would of bet almost everything it would be under 60 cents today. Markets can be really dumb.
I don't know. I just looked at the web site and it says they have 11 million probable reserves. I have looked at a few different ratios like price/reserves price/sales price/book value and IAG is one of the lowest in every category. And it is hard to find a gold stock that doesn't have lots of debt. IAG now has none and has new mines coming online so all seems good.
Half the company was taken to pay lifeline fees alone!! 100 million shares. Then another 300 million shares from the lifeline convertible alone at 40 cents. All to get to do this all over again in january. Truly worse deal I have ever seen
I have IAG earning 20 cents a share in 2015 (18 analysts avg) and i show depreciation expense of $155 million/year. So add that back in and EBITDA must be north of 60 cents a share. I think mining stocks get a enterprise value to ebitda ratio of 5.5-8.50 or something. I'm no expert i know some probably trade much higher than that. Anyway that would be a share price of $3.30 - $5.10. Now that IAG is debt free it makes it really easy to value in a broad way like this. Unless you believe gold will fall under $1100 and NEVER come back up then IAG is dirt dirt cheap from my simple analysis.
IAG is already at a discount to most minders on a price to reserves from what i can tell. Now that the balanace sheet is net debt free why would anyone sell?
I bought me alot of shares at $2.615. $900 million marketcap with now debt free balance sheet is cheap for 11 million oz of reserves. its trading for $88 oz. NEM and ABX trade at $200-$300ouz after debt.
Must be people wanting to buy a million shares at this price monday morning. CD rates are 1% and you can easily make 20-50% buying IAG at this price in a few months.
I don't see Gold in a major crash here. Than happened 18 months ago.
This has to be the worst news I have ever seen a company issue. Short of a bankruptcy filing.