Of course the entire sector is oversold and all are up today with XONE the leader so far and VJET not far behind as I type.
Thanks. It's about 12% of his shares plus he donated them to his own foundation. Perhaps a tax haven of some sort.
The COO demotion or future retirement etc. can be viewed multiple ways, most probably aren't great.
That said the shares may be a value here or lower or much lower.
Tax loss selling is nearing it's end so perhaps this pops before year end or in early 2015 BUT it will when it does. No position or any plans of taking one at the moment.
It's the latest bottom. The bottom, bottom, who knows?
I've heard this bunk about the shorts for a while.
Wouldn't the volume be spiking tremendously? When will that happen? It may take event driven news and not the President and COO taking a demotion and announcing his retirement in the next year.
The rationale is fundamentals haven't mattered except maybe Price/sales which may indicate it is cheap now.
The underlying fundamentals below that are not good but the float is tightly held and with weekly options games you too can be a winner by simply buying lower and selling higher. Geegee has this right but seems smart enough to not actually hold the shares themselves because you never know.
Yup and the President and COO is stepping down into a lesser role and planning his retirement in the next year.
Good or bad? The guy is 59 and has 319k shares according to Yahoo, potentially more with future vesting.
We don't know if he is being pushed out or not or if he's simply had enough in a vastly growing company?
I just chalk it up as more uncertainty.
Who knows but the stock just made a fresh new low today.
No position. Good luck whatever your position and Happy holidays to everyone.
Here's a little more spoon feeding on the "free cash flow" here. Three authors have excellent articles out on Seeking Alpha: Tom Doyle, Slim Shady and Paulo Santos all within the last few weeks.
Take it or leave it and good luck.
I didn't mean to be disrespectful but simply look up the articles and all written within the last few weeks and the lack of true free cash flow is apparent.
Yes, they are free to capitalize software and use other slick moves to obfuscate the truth but taking on $11B in debt and potential debt in the last 24 months should be a pretty good clue to you.
Do your DD unless you are just here for a short term trade.
Nonsense. There are several authors there that would laugh at your lack of knowledge.
What they can do and what is deceptive are not mutually exclusive.
Cut your BS. If you have a smidgen of integrity just go read the articles.
There are at least 3 recent ones which illustrate the "FCF" quite well here.
Yes w_s_t, there is always risk of some sort, i.e. there's no such thing as a sure thing except for death.
I didn't say taxes because some people choose not to pay them but alas they do exist.
garolouu22, I could swear I saw you and perhaps even w_s_t on the LULU board near it's top although I'm less sure about him. I don't recall were you looking for $500 this year, I could swear it was $1,000.
Come on man. At least be real. What is your time table for $4000?
They capitalize software costs in addition to what the do with leases and don't forget stock based compensation. Do yu really believe stock based compensation represents true free cash flow?
If you are open to it simply read some recent articles on Seeking Alpha.
I'm sure what they are doing is perfectly legal but that does not mean it isn't deceptive.