what does this have to do with tesla and their ridiculous valuation? Tesla is a great company, and I am not arguing against that perception...but I am saying that tesla is priced about 25 times higher than the average automaker based on a price to sales metric..the p/e disparity is far greater. No one can arguer the fact that this stock is wildly overvalued and it would take 7 years or more of 30 percent + annual growth rates for this company to grow into current pricing. Maybe this hits 300, but I'm quite certain it will also hit 150 without any splits sometime over the next 12 months.
they are priced about 30 times higher than the average of all the other automakers in the world. This means that to be on par with the other guys, this would be a $30 stock. Doesn't anyone think this is a tad expensive on every metric out there including a p/e that has priced in 7 years of 30 percent growth annually? I mean really? Who in their right mind is forecasting earnings 2-5 or even 7 years out on a company that earned 78 cents for 2013 and is expected to earn $1.08 in 2014? Definitely irrational exuberance, but hey...screw fundamentals right?
Alas, I'm not the idiot who got a margin call on a $1.30 stock. This happens almost exclusively when the equity in your account reaches a negative value. IE...you had borrowed an equal amount of shares that you own. I don't know who the larger moron is...the broker that let you borrow against a penny stock, or the person that actually borrowed $60k to buy the shares. You got lucky punk---I didn't give you any cheap shares---you don't have any money. GL
that is roughly a gain of $93 million dollars in earnings yoy. The share price has appreciated $300 year over year from 2013 to 2014. This is roughly a $9.3 billion dollar increase in market cap for that additional 93 mill in earnings.. This is not a value play, this is not a bargain, this is not a good investment in any way shape or form. This is priced over 3 times more than any other established restaurant stocks with similar or smaller market caps. Congrats if you made money, but continuing to hope for big gains is a fool's errand imo, and this could very easily get cut in half if the markets actually turn. Irrational exuberance at its' finest---they sell tortillas stuffed with rice, beans and chicken and have a five item menu. This is way more hype than substance folks. GL
buying puts at the open today was one of the smartest and most lucrative plays of the year. This is a $250-$300 stock generously priced and it is trading @ $680? Lots of room for sell side distribution.
This is a $260-$300 stock in an extremely generously priced market. $685 is fools territory and any analyst pumping this with a straight face is an even bigger fool than the idiots that believe him or her. GL
great company but so ridiculously overvalued on every metric past, present and future. This is a $100 stock with extreme generosity baked into the share price. The markets are littered with the same repetitive bubbles, astronomical prices and even more astronomical price targets until the bubble pops. I can't believe how people get sucked in over and over again. Wash rinse repeat---see you when the dow and nasdaq get sliced in half.
we've all been through this same price scenario many times...my sentiment is benign. The price can fall back to $1.50 as easily as it can climb to $3. I'm not making any more guesses with this schizophrenic stock and its' meaningless price moves. If it ever does rocket towards $5 and beyond, then I'll be cautiously optimistic. We are now 30 months in waiting for a decision from the EMA for a small population rare disorder. Only a couple companies in the history of the EMA have taken this tortured ride and we are one of them.
wow...i've never cared about thumbs up or down and I've never distributed one on these or any other boardss ever. you can keep some of the people happy some of the time, but you can never keep all of the people happy all of the time
0ver 178 k shares traded 4 days before the announcement...as per the dump, another 915,000 shares traded last night. That is no small feat for this stock...that may have been the second highest volume day over the last 3 years and beyond. Almost twice the volume of the 2 days after the announcement combined.
poo...the price drifted up due to the advanced knowledge of this event. You cannot look at clvly or clvlf as a volume indicator. Clvly is just an ADR, not the underlying stock. 5 Day price history goes as follows:
July 21---178,035 volume $1.45-1$.50
July 23---5,072 volume $1.47-$1.53
July 24--855 volume $1.50-$1.68
July 25--1100 volume $1.685-$1.685
July 28--313,734 volume $2.03-$$2.20
July 29--278,047 volume $2.11-$2.20
Clvly is drastically lower. Watch the underlying stock and not the adr. CUV leads CLVLY...not the other way around.
how does it work? well, the price has increased 25 percent overnight...that is by all means and measures a pump. If the price maintains this level with some volume over the next couple of weeks because interest was generated from a proposed buyout, then selling by an institution holding over 1 million shares could occur---hence the term dump. It's not rocket science.
no, I'm not kidding with the negative tone because PW acknowledged that the offer is under consideration. To even entertain the offer is insulting.
The offer was for $2.17 a share which values Clinuvel as a $95 million company...hardly the things dreams are made of. Is this what all the wait was for?
Sorry, but that is wrong. As CMG attracts headlines for it's practices and profits, the competition takes notice and increases. The northeast is controlled by Moe's...not Chipotle. Moe's has over 500 restaurants and many are in the Northeast. There will be much competition for Chipotle and market saturation is near. Traffic and growth will slow, and the P/E will return to a normalized 20 or below. That will cut two-thirds off the share price. This is a $250-$300 stock in the near future. That is, if the markets ever regress from the bubble valuations they currently sport. GL
i can't argue with your logic...more times than not that is the case. The markets in general are deep into bubble territory and this could go on for quite a long time, but when it does pop, it will be an earth shattering fall for just about every stock out there. The timing of such an event is damn near impossible to predict. The algorithmic trading going on these days incorporates a lot of investor psychology into the programs, so when you think something is overpriced and short it...they keep driving the price up and try to maintain those nosebleed levels until the shorts have bled out and the longs feel invincible. I do feel we are getting close, but who knows when. I've felt that way for over a year now.
check that...i believe we are now up to 42.4 million shares outstanding. I'll hole up until the next announcement from the company...most likely October for good or bad.