I'm not sure. This is one of the very, very few companies with a short % over 20% and it doesn't look like "The Bernax" will squeeze it like they squeeze their Wall Street momos. The shorts won't let it break out and "The Bernax" aren't interested because it's not cloud, not social, not Internet 2.0 and not a TBTF bank.
I guess Non-GAAP will soon eliminate all costs as one-time whereas all income will be included.
Usually when they resign for 'personal reasons' the stock gets hit. But in this Fed Superbubble Prism, regardless of what goes in, rainbows come out.
hand-over-fist. Sell AAPL. Buy the future, the Federal Reserve - sponsored TBTF banks. The only companies that are 'regulated' by the entity that they own, sit on it board of directors, and write its 'regulations' to create eternal moats for their business, destroy all competition, and finance their operations interest-free and risk-free. Buy FAS, the TBTF Bank 3X(!!!) tracker. Be 3X TBTF and you, too can feel like the 1%!
Bernanke will go down in history, along with Geithner and Hanky-Panky Paulson as the best thing that ever happened to the Fed's TBTF US and European banks since 1913. The joy of being a Bank Holding Company...being 'regulated' by the entity that you own and sit on its board of directors. Dig that moat another mile wider and deeper from within.
CTRP did the same thing re-margins dropping for reinvestment and training after smoking earnings and guiding OK. Got hammered down below 38 in the aftermarket and at the open the next day. Now up to 53. Granted, it didn't have the panic buying run into earnings that YY did.
Goldman City protecting all the call options it sold?
After 100 years, the Fed mandate is on full afterburners
Maximize profits and subsidize losses of the Fed's US and European TBTF bank owners at all costs
It just doesn't get any better than this if you're Too Big To Fail!
in their Risk-Free panic euphoria.
Long after AAPL is just another Alcatel, the Fed's TBTF banks will still be growing even TBiggerTF. FAS is once again approaching its *ALL TIME HIGH* after being up 400%(!!!) since just before QE3 was announced. The Fed has guaranteed that its TBTF banks will always be protected above we the people and any nation, and since the crash the Fed and its owners, the TBTF banks, the very banks that it 'regulates', have become by far the most powerful entities in the world.
"The Bernax" don't care. Earnings are meaningless, as are balance sheets, including the imaginary Fed balance sheet. Only free POMO money to squeeze shorts and endless ZIRP to finance the Fed's TBTF banks matter.
Short Squeeze. Now!
MS is one of "The Bernax" capos. MELI won't get the 40+ short squeeze until MS 'allows' the rest of The Bernax to squeeze.
You will regret it if "The Bernax" shift some of their short squeeze pointers from ZU, WDAY, SCTY, and TSLA to MELI. Earnings have no meaning. There's so much free POMO money chasing short squeezes that nothing except momo matters. Just like 1999.
Earnings are meaningless. Only shares short matter when you are betting and gambling with free money from the Fed.
Earnings and guidance don't matter. Only short squeezes matter.
1999-style, with Fed backing all the way.
It just doesn't get any better than this!