acknowledge that Ackerman was right Hlf is a scam . He then tweet good luck bag holders. hahahahaha
So this make the independent audit by PricewaterhouseCoopers and Ernst and Young of NQ books meaningless. This is really bad news. Looks like MW has some legs to stand on.
Janney Capital's Tony Wible reiterated an Buy rating and $450 fair value target on Netflix (NASDAQ: NFLX) following Q4 results.
Wible weighs in: "NFLX reported 4Q13 EPS of $0.79 (vs our $0.62 and $0.66 FC). Streaming net adds continued to be the most important driver and drove global upside. Profitability is better, DVD is holding impressive margin levels, and International losses are moderating faster than expected. More importantly, we are seeing signs of potential future price increases, which is core to our thesis. Recent developments around net neutrality and VMVPDs are generating unwarranted fears among investors that create buying opportunities. We are increasing FY14/FY15 EPS and maintain our Buy rating with a $450 FV."
RBC Capital analyst Mark Mahaney reiterated an Outperform rating and boosted his price target on Netflix (NASDAQ: NFLX) from $440 to $500 following strong Q4 results after the close.
According to Mahaney, this is why shares soared 17% after-hours: ". Strong Q4 Domestic and Int’l Streaming Net Adds – both were above Street, with both segments generating more Adds in ’13 than in ‘12; 2. Strong Q1 Domestic and Int’l Streaming Net Adds Outlook – both were above Street, with possibility that both segments generate more Net Adds in ’14 than in ’13 (sustained inflection point); 3. Profitability Improvements – Domestic Streaming margins rose almost 500 bps Y/Y, while every Int’l market showed Contribution improvements Q/Q; NFLX also signed off on 30% U.S. Contribution Margins by ’15; 4. NFLX Suggested Pricing/Tiering Power – announcing tests of different price plans. 5. MVPD Deals On The Way – NFLX announced that the first U.S. MVPD integrations would begin soon."
Netflix (NFLX) said content obligations rose to $7.3 billion
Shares are SolarCity (SCTY) have been downgraded with a $68 price target this morning by JP Morgan. I've personally been cautious on the stock lately due to it's massive run up in share price. Wall St was pricing SolarCity (SCTY) to beat earnings and raise guidance when they were paying nearly $80 for it last week. SCTY would be a great buy in the mid to high $50's or even less if the company makes a mistake.
JP Morgan cites valuation and they don't see the risk reward being that great into earnings.
That would be awesome I could short a #$%$ load more. See you bag holders at $18 or less
Get real, shorts aren't in fear they are in total control of this over price stock. No one their right mind would go long BBy inlet it is trading below $18. Declining revenue, margins & net income BBY has be come a value trap, dead money for years to come.