You exaggerate. If Walgreens marketing strategies are immoral, then you would have to say the same about CVS,RAD, WMT,KRO etc. It's called capitalism. You could also call it "buyer beware". Smart shoppers know the value of what they are shopping for. Many of Walgreen's sale prices are better than their competition, some are clearly not as good. The fact is the company has operated in more or less the same manner for the last 40 years, and careful shoppers recognize a lot of value at Walgreens. Some items in their ads are not good values and they sell very little. In some cases it's just about picking up some money from manufacturers for advertising their product. Retailing is quite a complex undertaking and overall the margins are thin. You have to be pretty savvy to grow the business for 112 years, like Walgreen has done. Walgreens does serve their customer but it's not only about the customer. There are tens of thousands of employees who depend on a thriving company. There are thousands of shareholders who depend on a thriving company. Walgreen serves many!
GPRO is a good company. Stock is held back a little by the large short position. Short's seem to think a Chinese competitor will hurt them. The other difference is that AMBA sells chips both to GPRO and it's competitors, including the Chinese (can't think of the name of the company at the moment). AMBA has little serious competition for the moment for it's high-def video chips. Also chips for drones predicted to grow rapidly. Analysts, day after earnings raised AMBA projected earnings in a huge way. 30%-40% for next two quarters and for two years. Funds are falling all over one another buying in.
I trust that's a satirical remark. I would hate to think anyone could be that stupid.
The transportation industry is trending down. Probably a combination of profit taking after big run-up, and rising oil prices. It rarely pays to buck the trend. What goes around, comes around. There is no problem with HA, the price will come back and then some in due time.
I agree there are some issues and limitations with drones. Those limitations and issues will give way to technology and politics in the name of productivity. For instance, I mentioned rail lines. If we can put face recognition in Airports, we can surely recognize a problem with rails or object on or near rails that don't belong. It's not that people won't be needed, just not anywhere near as many.
It doesn't matter whether you or I like drones. If it's good for business, it will happen. Get used to it.
I passed the time mentally by comparing the weeds in my flower & vegetable gardens to the shorts occupying my stock gardens. Not a particularly brilliant analogy perhaps, but amusing nonetheless. I left 3 weeds intact. One was large and imposing so I named it "thelogicconqueror". A smaller delicate weed with a bloom I named "bethesparrow" There was one particularly weak weed which looked like it might just die on it's own, so I named it "jhalsteadt". No offense intended. At least you know you've been noticed.
Maybe he has not covered yet, but wants to be the next one to go that route. Why not encourage some new short selling to make it less expensive for him to cover?
I had an acquaintance a few years ago who described his job as walking many miles every day inspecting rail lines. A drone could probably inspect in a few minutes what it took him all day to do. The potential applications are seemingly endless.
Yeah, sure a weaker current quarter. That's why estimates went up 43% for the current quarter after earnings report.
Since you believe a market pull back would hurt AMBA, why do you not extend that logic to the current situation? AMBA is a rapidly growing stock and we are still in a bull market. Why are you betting against the trend while giving evidence you believe the trend is important? We all know another bear market is inevitable, but none of us can predict the timing with accuracy.
I hope you're right. That would make us both happy. You could cash in on your short trade and I could expand on my long position at a great price. Very few on these boards get it. There is money to be made on every stock both to the upside and downside. It's all in the timing. The problem in timing a short trade with a company like AMBA is that you are fighting the trend. That's a risky proposition, and you are likely to lose even when the stock appears over-bought.
Well said Milwaukee. Shorts can be useful though. They help to provide the dips we so enjoy buying into. Our ability to profit on AMBA is proportional to the number of fools throwing money our way.
bah, humbug. I was never at the head of my class and most of my teachers pleaded with me to attend class regularly and do my homework. I used to cut out of school a lot. What the teachers never new was that when I cut class it was to go to the library, art institute and historical museum. Those were places I could get a quality education for free. I'm not belittling the teaching profession, just the 50% that are unmotivated, unprepared and relatively uninformed. About a year ago I had lunch with one of my economics professors who once gave me a D in his class. He wanted investment advice. Just saying, "move to the head of the class" may not be a complement.
If the dealer is showing 4,5 or 6 and my card count shows the deck contains mostly face cards, I'm splitting 10's and maybe 5's. Getting back to AMBA, since Tuesdays earning report analysts have raised estimates for current quarter by 43.% and next quarter by 41.3%. This year by 33.3% and next year by 26.3%. Additionally consider that for the past few quarters analysts have underestimated AMBA's earnings by 20%-30%. I would describe $115 near term and $170 end of the year as conservative. There are plenty of things that could go wrong to derail AMBA's money train so I'm not overextending myself, but you have to go with the trend to maximize your chance of success. If and when things go wrong, you revert to plan B. Always have a plan B and know when to implement it.
Investing in AMBA is not synonymous with investing in GPRO. GPRO has competition in China and they have a lot of short sellers influencing the stock price. AMBA sells to both GPRO and the Chinese competitor. AMBA has much less short selling to overcome. GPRO is a good growth company but imo less so than AMBA. Don't worry too much about us longs. We have our feet solidly planted on the ground and realize than AMBA will experience one or two down days this year.