Yeah, if you read the board tahoe_kj picked the latest top to a T which was hit twice yesterday and right now It's LOOK OUT BELOW.
Congrats tahoe_kj for your call before it happened.
rberaardinis, I'm not sure if this is any more than a short duration look out below but if you are buying here why?
The balance sheet is horrible and the company is being run like an ATM for insiders.
You may get lucky because of this QE market but you are playing with fire. I would not touch this stock with a 10 foot pole.
I also noticed that Q4 revenue estimates were just ratcheted up from $19M up to $20.5M and 2014 revenue estimates were also upped to the low $80Ms.
I'd rather see them keep these estimates where they are now until earnings. At $20.5M for the quarter that would represent a 22.8% over last Q4. Keep the estimate there and let's see SILC handily beat on the top and bottom line.
I posted nothing about dilution so you have the wrong guy.
If you haven't noticed the market is toppy. Secondly, if you are a long term long investor you probably believe in this management team. Them doing an offering closer to a recent high and getting a favorable rate on a bond offering is most likely a smart move and not a dumb one.
I could care less if you make a few pennies, nickels, dimes, quarters or dollars on your short or whatever your claims are.
Is it a conviction short or do you plan to cover sometime soon? If isn't a long term conviction short than I'm not necessarily counter your position because I will be glad to add as this gets cheaper.
Now if the overall market craters I'm sure it will make you feel even smarter. If not, and it's more of a correction, I would not bet against GTAT's sectors.
You know, when the robots do a rotation, they create short term bag holders. Usually you get a rotation back in this scam of a market so don't worry. Guys like joey and gang will tell you to buy shares, although he never buys a thing.
You probably get a rotation back here until we reach the tipping point where hopefully the scams step in the elevator only to find an empty shaft.
So what do you define as Wall Street? 5 minute trading, a week or two's trading. You're a short term trader, possibly only. Most of the people on this board are not, although they may trade around their core.
I heard people still bashing Apple near $400 and some analysts are still pumping profitless Amazon and many other MOMOs because they can pin the stocks higher.
You are a fool if you blindly listen to short term analyst calls.
Really Edward? Your ID was created 9 days ago. Sounds like you and dr Demento know each other well, maybe even the same person. Pathetic.
Was that poison today? Two top tier sell offs? There's hope here. After all they were busy propping up a few other batches of non profit MOMOs but at least in the very short term tahoe called the right number, i.e. resistance at $54.50ish.
So he is farsighted and thinks he's nearsighted. Hopefully he is sighted in some way or he might be blind sighted. :-)
ever, just put that POS on ignore. that's why he is working on his 2nd thousand handles because he knows he's a POS, we know he's a POS, his MOM knows he's a POS and the world knows he's a POS.
He's not worth your time, my time or anybody else's. He's a lost cause.
If you don't think predatory collusive trading happens take a look at the recent slaps on the wrist that JPM has gotten.
What would possibly make you think that this doesn't happen in widely held equities?
I've come to accept it and simply changed my trading to avoid buying options in such stocks. Too much premium and too much trading games.
It would still be silly of you to not take back your original investment and some profits here.
No one gets in at the bottom and out at the top, except liars like that psycho mytek/cybercash who is obviously delusional.
Up, down and back up again. Game on. Other MOMOs mostly up today. I would have shorted this at the open but funds tied up. I also would have been out a little after it bounced. looks like they may keep it back up above $54.5 but the day is young.
Exactly, they start it out at tahoe's stated area where he would short again and down she goes, unloading on any unsuspecting Cramer followers or greater fool theory fools.
I'm sure the collusion will still continue until it's clear the cartel is broken then it's Katie bar the door time, last one outs a rotten egg.
Lots of stocks are pulling back right now. News flash guys, the market is up a boat load this year and this stock is up a lot more. Might it go lower? Of course, if the market starts tanking this goes down with it to some degree but as clark stated I like the long term look from here. Let the newbie shorts pick up their nickels, dimes and quarters and maybe a buck or two but if they overstay their welcome, that's their problem.
Remember why you bought the stock and determine what your timeframe is and act accordingly.
Make up another 1001 handles mytek/crbercash/biggest POS on Yahoo.
Ignore, yet again.
mungee24, Very good for you with MU. I never looked at it closely and it is obviously up several 100% over the last year. That said I have read good things about them even up here and it could very well be it could be worth a lot more.
What's your projection there? I've seen one writer speculate they could be taken out and several others project significant earnings growth there and obviously Einhorn just invested there somewhere between $16.50 and $20+.
Do you even have a clue of what you are talking about? Listen to the conference call and stop posting nonsense. Margins are lower in this business but it will still be a profitable business. Razor blade business vs. shaver business.