looks like it would have been a big win if it had gone our way, but like you said, it was expected to go this way and the stock should open higher anyhow with the rest of the airlines. this stock should continue to trade higher on the margin increase announced last week.
turns out that's the worst thing that could have happened. that meant all who recommended it made their purchases already. its still a strong buy though. they will crush current earnings estimates.
today's news was that the ORASM estimate was upped pretty significantly from what they stated in their last earnings release. they originally said it would decline 3.5-6.5 cents, and now they have upped that to a decline of 1.5-3.5 cents. if you remember, that was the one driving factor that led to the major swoon in share price at the time. now, in my wildest dreams, i can't imagine that earnings estimates are WAY understated for 2015 and will be on the move higher. based on all of that, i'd say the rally has just begun. technically, the chart is saying the same thing.
these margins are what drove the stock (extremely unfairly in my opinion) down $6-$8 even though any analyst worth their salt would have figured that out. and now they have significantly trimmed the estimate of the margin effect, so i fully expect new highs to come out of this. it might take a few weeks or so.
eps estimate this year over $10/share. no brainer - buy until $120/share. oil is going to $15 per Gartman, one of the few who's opinions actually mean anything.
not to worry, HA is on its way to new highs. the uptrend is upon us now. the beatdown was undeserved and it took a while for it to pass, but the shorts are getting ready to collectively cash it in.
looks like a good thing. it won't affect eps because these shares are already in the diluted eps figure, which is really all that is focused on. reducing debt with a 7.8% rate is a positive. we'll see how the market reacts. premarket is down, but so is the whole market.
you're in a lot of pain in the last 7 trading days, aren't you? poor guy.
sk, did you not realize that you can be the party on both ends of a trade? so yes, you can manipulate a stock lower by putting a huge sell order on the stock and then buy it on the drop. you may not get every share that you sell, but if the order is big enough, you'll get a large portion of the shares, and meanwhile you will have accomplished your goal of shaking out some weak hands. It DOES happen. if there is a way to make a buck, someone has figured it out.
sk_wilson, if you weren't one of the moron retail holders that sold because of some SA authored article, then my post wasn't directed at you. btw, if you write an SA article (which, if you know anything about SA you know that ANYONE can write an article under their guise) and you are bashing the company and want the stock lower for any reason, you are attempting to manipulate the stock price. what part of the definition of manipulation do you not understand?
uhhhh, see my last post. first of all, that was based on recent price action, not inside knowledge. second, do your own thinking. who cares what some twit says.
what do you think is a typical price/sales for a semi company such as TSEM? 0.25????? that's what you say is fair value. a little low, don't ya think? actually, you'll have a hard time finding ANY below 1, especially one which has projected growth as TSEM does. in my estimation, a conservative ratio for TSEM would be 2, which puts the stocks value somewhere north of $30.
to the rest of the morons out there that get swayed by a manipulative article such as this, if you're too lazy to think for yourself and are going to rely on or get scared out of positions based on some idiotic article attempting to move the stock for the author's benefit, then you need to pick another profession or hobby. this one won't work for you.
there is no base to the articles. i've seen some SA articles come out with real facts and this one is more accusatory with no base. whatever the motive, only weak retail investors are going to be swayed by this junk.
analysts are now sandbagging earnings estimates for this quarter and this year. according to their metric guidance, i get about $.44 per share this quarter and a monster number for this year. however, estimates are dropping which tells me that analysts are taking this opportunity to lower their estimates so HA can beat them handily. that also tells me they are adding to their positions at these prices. its all a game and you need to know how to play it.