I don't really think they need a big hit of course something like candy crush would be welcome. Gluu needs to prove their model will work every quarter, steady earnings. They have #$%$ for two quarters and then guide to a negative number this quarter. That does not cut it. Can they put up numbers every quarter without waiting for the next big hit. They have not shown me they can do it so next time we hit 7.50 to $8 I am gone with no regrets.
You posted this on the wrong message board. UA is ridiculously valued for their current growth rate. SKX is still cheap looking forward. Check out the updated analysts estimates. Easy to value SKX at $100 short term. Watch as the UA pe of 78 comes down and the SKX pe continues to climb. SKX should be valued closer to 1/2 of UA. Watch and learn.
yup its working fine-- yesterday up 13 %-- today up another 3 % --analysts rising earning projections - why would anyone take profits here-- up up and away
Do you really believe anything you post? SKX is not LA Gear-- R Greenberg left LA Gear which he founded and started SKX as a boot & skate distributor. LA Gear was around for a decade after that. SKX will be your nightmare of short positions.
I agree we should see a muliiple expansion soonl. Silly to short this one. I don't see an acquisition since they started their own clothing items. More growth ahead.
Other acquisitions? Have they done one in the past? Cramer has the SKX CEO on Mad Money tonight. Good for a few more dollars tomorrow? Plenty of shorts out there that have to cover yet ,I would think.
Sneakers, causal shoes, boots, kids, workout clothes hmmm sounds a lot like Nike years ago but at a much lower multiple. How did that shoe company work out. Good luck with your short and nice advise last night to sell after hours.
The only disappointment in that cc was no mention of a split or future dividend. Guidance is full steam ahead with growth in US, Europe and China. Huge short position here is strange. I think we see pe expansion soon.
chris , if AMOT announced tomorrow they needed to sell 1 million shares to pay down debt so they could make another acquisition which would be accretive to earnings, I believe they would be over subscribed at $40 a share. I don't think they will consider selling shares to just bank the proceeds. I think you left AMOT a bit too soon.
What are you talking about? Revenue and profits increasing, more store openings, comps are higher but still an easy beat. this year. 1 st quarter revenues up 40 %. You may see a PE expansion here.
You sound like one of the many shorts that have stepped in it with SKX. 18 % of the float is short. -- feel the squeeze as you try to get the institutions to sell here.
sellers were exhausted? Come that's not why this went up. Has to be a rumor or leak plus the short squeeze as the share price starts to get away.
Lets see what rumor may be moving the stock today. Too early for earnings leak. Were they on CNBC with takeover talk again? Huge short position could move this to a new high in a day or two.
So a nice 20 position with a 97 rating and the stock still trades less than 15 x past earnings? The acquisition seemed a bit anti climatic when the CEO said it would be accretive to earnings but only 1 to 2 cents. Why have they not done CC's? Seems they are a big enough company to handle a cc. It gets more info out there to analysts.