O, overall I do think you are correct about the upside downside of the upcoming event. I will say that if it's real bad this could get back to possibly testing the low but on the other hand with the short interest as high as it is it could easily spike more than the downside.
That said. If the shorts remain into earnings that means they must be pretty confident. We probably won't see 10/30 short interest until just after earnings and 11/15 will be after earnings near the end on November.
Thanks for your reply cybertrader2001. I think if you are looking at a chart you are correct.
If you forget the chart and where it's been this still has room to go down. My own take a while back was that this could be a $15 stock and it got darn close.
That said, even a meet here or maybe even a close miss and decent guidance and I think it could pop a little. However, keep in mind that this has already moved over 50% from it's all time low of $16 only a short time ago.
It shot above $25.25 and dropped below it almost as fast.
This looks like binary event on 11/12/14 or before if they preannounce. I will most likely remain on the sidelines or have a small option position.
I don't know much about their IP but if it's got any merit that would keep me up at night were I short.
Simon Hobbs from CNBC spilled the beans on this months ago, thinking it was already public knowledge.
I guess it was to some people but not the masses.
Honestly, if he wanted to come out, good for him but his sexual orientation is his business and has nothing to do with price of beans or how well he manages Apple.
If it empowers anybody, than that's great.
Actually NOW got a pop on earnings. They are in the same industry and report a month before CRM and WDAY.
CRM usually comes in on their numbers or slightly better and guidance is usually close to in line so I don't think they'll be any major surprises.
What the market does with that will be a matter of where this is then and the mood of the market.
The one thing that will continue to potentially drive the stock price is whether costs are growing faster than revenue or not. We know that GAAP earnings will not exist, only NON GAAP.
True. This is one of the smaller ones and would have a better chance at getting bought out but I thought I heard earlier this week HP is getting into this space but I'm not sure how their strategy aligns with what XONE is doing.
I'm no expert but DDD seems like the worst of the lot at this point.
Thanks for your reply. I agree that consumer is bupkis here.
The valuation is not close to cheap but a solid beat and guide would cause quite a spike.
Another bad miss and poor guidance and this probably at least revisits the lows which is a nice trip down.
I have no position and have only played this one from the puts side in the past at higher levels than here.
So far a total fail today. These guys have missed for many quarters now. I know on their last call they made it sound like they will do well on the backend of the year but honestly they sounded like they were in over their head.
What's your level of confidence that they will deliver on 11/12?
It's very binary don't you think?
If they do what DDD did it tanks again.
If they finally at least meet and have a rosy outlook you probably get quite a pop here.
Well michaelroman910 have at it buy away. Mortgage the farm.
This cartel would never ever steer you wrong.
This always goes up eventually.
Fundamentals don't matter.
Keep buying but keep in mind that none of them can nor would they with their own money.
That's a 42% move from here. Step right up the CEO has plenty of shares to sell you.
If you'd like he'll have paper shares delivered by drone.
Once word gets out that a drone was used the wise guys will surely push it up $10-$20.
You can't lose!
Well the good news for all of that this is now on sale vs. the MS $420 target and the gap is closed from this morning.
If you like a stock that generally always goes up even after disaster earnings and outlook buy all you can here.
I won't but I'm sure you can make money on the next pump or the next signal of drones or a new product which will most likely fail, just make sure you don't get caught holding the bag IF and I mean IF a revaluation is under way sometime in the near future.
Do me a favor and just buy the common stock and plan on holding it at least a few years.
You can't lose.
I'll stand next to the guy that upgraded from MS and neither of us will buy the stock.
Big time but they are in on it so why would they take them away. Money and power rule and the US is corrupt as ever. In certain stocks you just have to expect it. Those in power have lots of resources and when they want an outcome they will get it by rook or #$%$.
It's just something I accept at this point.
These guys these days are worse than Henry Blodget was yet there appears to be no repercussions for this nonsense. Use it against them as you can.
Whining? Laughable geegenjar just like your every two minute posts are.
The higher they get it, the better the go forward opportunity.
Mark that down instead of your if here by 9:35 etc. posts.
You wouldn't load up on the common stock if your life depended on it.
Good luck with your options trading.
Added to their best idea list. The usual Wall Street stuff pump it up, run it up so plenty of folks can get out. Bot the least bit surprising. Why only $420, how about $500 since obviously the call doesn't count any trues fundamentals.
With any stock they should force these analysts to own a large chunk for a given period of time when making these calls. Even though that would be a conflict it would most likely produce more honest analysis than what we get now.
It's all about control of the float. Fundamentals mean zero here until they do. Well, not exactly since it went from the low $400's back to old support.
The question will be how friendly does the overall market sty and how high can they push this up.
It's a big algo buy today.
Yes onehotplayer, a silly endeavor indeed, but not one I take seriously.
I think the company's in a good spot right now even though the global economy is shaky to say the least.
Good luck and be well and being well is the important stuff.