it is more to do with not abandoning their clients who they got into the stock. These investors and JMP know they are in a losing trade, but if JMP changed their call, it would #$%$ their clients off even more. But they all know the reality of the situation, JMP reiteration isn't going to bail them out.
which is preferred stock in sector? feye? PANW is probably the best of breed, but like to see it drop big time before jumping in. In this sector, there will be big swings, it happens quite frequently.
Buffet buys companies with big moats (competitive advantage), brand names and incredible mgmt, and he hardly touches tech.... this is anything but a Buffet type of stock or even a stock that fits his philosophy...this is a stock for trading period. Buy and hold and you get smashed. 3 years from now it could be worth $5 (if it is plain hardware co with no margins) or it would be worth $100 if it can move beyond hardware and go into content etc.
anyone can look it up. Becareful with CYBR here, the bankers ran it up for a reason.....
huh? jan 15 puts? you mean 75 puts? and the options size you are describing dwarfs his long positions, so might as well just trade the options and forget his long if he wants to earn money from the options.
they will keep selling until this thing is in 50's...because it is still double the IPO price.
Any dork could be put up definition of corporate governance and still don't know what it means. Raising capital has nothing to do with corporate governance otherwise you can say the same thing with every single company that raise capital - it is as dumb as anything anyone can ever say. You are an i d iet for sure.
what do you guys in general downside for BIIB is? you think we do a trading range type of deal? or is it heading lower? this sounded like a company with such great pipeline not too long ago and now this??
good corporate governance? how is a secondary offering anything to do with corporate governance? do you even know what corporate governance is? because you sound absolutely stupid for saying that. I mean, good gosh, might as well say it is good weather for them to do this.
those dorks never understand the market, clearly GPRO left so much money on the table in the IPO that they are now trying to recoup some of it. This will be in the 60's soon.
short covering and some buying. WFM still suks, but they improved a bit and it was oversold, don't get your hopes high. The other retailers are still going to eat WFM lunch going forward, they are way too expensive to shop. Don't let one qtr and some hopium get you high on this again.
you see a question on the topic doesn't mean I don't know that answer, if you see that I made my own assumptions as to why. Excuse me if that doesn't stand your approval, your heinous. Maybe you were long and got shafted.
let it drop a few points and accumulate, Dis giving opportunity to accumulate at cheaper levels. Good core holding for steady returns...not going to hit HR with this, but take 20%+ gains a year is fine.
it is like taking your corner super market and dressing it up for an IPO. The 95% drop straight down in price within 10 months suggest this was never IPO material, and probably some early investors desperately using IPO for them to get out at all cost. The Fairway near me is empty as anything in NY. Prices too high, quality so-so, why shop at them?