They only raised it $1 as opposed to $2 and we don't even know the short term effects yet, let alone the long term.
Free cash flow barely exists here. Yes, I know they are investing. Investing in better accounting methods and thanking the FED for the QE forever that has help fuel the games in many MOMOs. This will rise until the rug gets pulled out. it is what it is.
greg, I'm glad you are here pumping, just like amazon at $400.
Good for you.
Yup, this guy doesn't fool me for a second. He is such giver in the community as he likes to "ooooo Take the money and run."
Trading algos are his friend.
scty? The only thing that has in common with silc is they are both stocks.
Be careful there. Without Musk's involvement that might be a $10 stock.
It is options expiration so I wouldn't discount activity having to do with that especially since this only trades monthly options.
Let them run it back up to the recent highs on nothing. That would work for me and I'm a bear.
Really? How was AAPL trading below $400 pre split a little over 1 year ago? INTC in the dumps at about $19 in the same time frame?
Were AAPL lousy companies a year ago and now they are great?
All this while the likes of MOMO stocks such as CRM, WDAY, DDD, SSYS, XONE, YELP, P, many, many other Tale of 2 Nasdaq stocks defy gravity. Why does that happen?
Because the people that want them to move against the crowd can make that happen. If you think games and stock manipulation are not part of today's markets, I have a bridge to sell you.
I'm not saying that SILC didn't deserve it's haircut but I don't take it as anywhere near 100% that today's price dictates what earnings will be.
Some stocks trade purely on fundamentals and many do not.
Oracle has been a laggard in terms of quarterly results and my memory serves that CRM does not necessarily follow their underperformance and I'm bearish on CRM, just telling you what I remember.
I just read a piece which mentions the manipulation of gold prices which I witnessed first hand a few weeks back when they took out the call options near expiration.
Great move today for those holding the metal or ETF.
It probably backs off but as inflation and the Fed set-up games end, it's going north most likely.
The news you'll certainly get in about 7 trading days is that earnings will be announced sometime between 7/21 and 7/28 inclusive of those dates.
Shares can get pressured for a number of reasons, including the fact that certain people would like to pry them out of your hands, especially in a thinly traded microcap.
looks like they want to run it to 60 or more but the overall market even in this scam market may have something to say about that.
It's happening to many MOMO stocks that were up earlier rastarich. Gold was gamed down to wipe out options a few weeks back. Now with the Iran concerns and other geopolitical concerns and rising oil, Gold is spiking big time today.
Add to that you are get our Fed denying inflation while telling us stocks are in a normal range and other tall tales and even most MOMOs are taking a break at minimum.
Exactly ski! in this Fed friendly QE environment any company with strong revenue growth-at-all-costs has mostly been rewarded which mostly means insiders have gotten ridiculously rich due to the options greed/poor corporate governance.
In more normalized markets stocks like this will get slaughtered for not returning cash to shareholders. Once the market says real earnings matter, the crazy dilution here will make any substantial earnings a pipe dream and with any further growth slowdown as the price deflates so does some of the manufactured cash flow.
It could get ugly and only than will shareholders complain about the corporate greed here.
You mean until someone pulls the rug out?
It's quite possible what you are saying is true but that's only because it can continue to be pushed up.
You could also have a situation where data is OK and guidance is OK and it drops like a rock.
Really. If you track lots of stocks, many of them MOMOs you'll realize the re-inflation of air has been going on for a while.
Look what YELP did on the OPEN takeout recently.
The games, they will continue until they don't.
Of course when you have a tiny chance of a takeout, that's a good enough excuse for options manipulation.
Gap from late April filled this morning as it got to $28.25 vs. $28.20 close in late April.
Let's see what it does from here. The stock is still not overbought but is approaching that territory. Many MOMOs have re-inflated over the last 4-6 weeks.
tech, many of the up is down and down is up investment cycle has been inflating again over the last 6 weeks or so, although real investments have had some good appreciation such as AAPL and INTC.. The Fed denies inflation and clearly knows they can't control everything even though they keep trying, along with the other central bankers, to do just that.
They will not let the games come to light because, as you say, all trust will be lost. If they do they will only do so with some perps set up to be hung out to dry, which they certainly should be, especially if something drastic happens.
The stock is holding up well so far today. Looks like consolidation or maybe more fun later.
Regardless of what happens with the FED announcement this afternoon. This is a good place to be in the market. Some growth is obviously built into the price but as it happens and hopefully the 2nd half forecasts are at least slightly exceeded, the horizon opens up to the skeptics out there and as Jackie Gleason would say "And away we go!".
chicago250000 I seriously doubt the Amazon phone is all that innovative. Amazon is all about increasing revenues at all costs, literally. They borrowed $3B within the last 2 years and their whole business model is built on a negative cash conversion cycle.
Their margins are horrible and they are valued about 4 times higher on a P/S level than their retail competitors whose margins are substantially higher.
Amazon needs to keep selling $1's at near cost to keep their game going until they do actually perhaps come up with something innovative. I sincerely doubt today's product announcement will unleash that product.
I think AAPL is on the path their one which most likely already includes sapphire now on the IPhone 6, perhaps both versions, the I watch and potentially on other products. AAPL is innovative an innovative tech company, AMZN is no such thing.
IMHO if Solar City had no tie to Elon Musk it would be trading at about 1/10 of it's current price.
I don't know the company well but at a cursory level it's mostly a financing company, until yesterday's purchase, and not all that dynamic.
Lot's of hype but in this market, hype works. Just not my investment style to chase highfliers.
Let's let GTAT keep executing and SCTY can eat their dust and as you say perhaps become a customer at some point.
I doubt Apple will say anything until it comes with another announcement such as announcing the IPhone 6's or the new products.
That said if Apple says nothing GTAT can't say squat but TG can simply give enough clues that people such as Matt, Cali, chelle, jack etc. can fill in the blanks.
Obviously on a straight up basis when GTAT reports in August revenue and deferred revenue will be watched closely.
Hopefully we'll have some more material news before then.
Well so far today GTAT has hit a high of 19.17, let's see where it closes. It's only been higher intraday 3/19-3/21 and on 4/2.
What I don't like about today is what I believe to be more MOMO based stocks than GTAT are going nuts again.
The overall market seems complacent in a big way.
Let's see where she ends up and where she goes.
I'm quite long for me and have been for quite some time. No plans for that to change anytime soon.