Apollo Education Group Inc. (NASDAQ: APOL) was indicated down 11% at $13.75 after earnings failed to enthuse for-profit education buyers. Bank of America Merrill Lynch lowered its rating from an already cautious Neutral ratings to Underperform and with a $6.00 price objective.
Sentiment: Strong Sell
This company is in desperation mode. Veterans are just the spot light. They are probably doing worse to many other groups.
Shorting this is like falling out of a boat and hitting water. A sure thing. May as well ride it down to zero.
reality? "guidance by a football field" is a term you use to pick stocks? you better sit on the bench before you get sacked
Sure, keep calling bets like its some sort of fantasy sports game and you will be sitting on the sidelines soon
The rookies are posting AH rants. When have you seen a stock keep its AH pricing, either up or down? We will bounce off this. Good math. You are right on.
For complete control and the fact that it is becoming more and more of profitable company. Buy low before it goes high. That's why BABA would want it but his issue is prying the 56% shares from SINA. If you do the math, add in the short sellers who now have to buy back (8 days to cover), there are no real sellers at this point (SINA and BABA are holders). Enjoy the ride up.
To answer like you did, you do not know much about investing. His stated return should have tipped you off. Hopefully you are just long on this stock and own nothing else. I can tell you will be broke otherwise. Learn some common sense investing before you start bashing someones question.
First if you have LEAPS, do nothing. If the stock tanks, do nothing. This stock will raise in the long run. If you have any additional capital then buy puts as well. This is a smart money straddle. I have a strong feeling BABA will go up but I am not positive and have been wrong before. The benefit of the straddle is that you have a better chance to make money even if you are completely wrong. That being said in Q2 I did like you and picked a side and I was hot. IRBT, AMZN, etc, I was hitting one after another. I took 3k to 70k in 45 days. And then nearly lost everything on the wrong side of three bets, even when companies reported like I thought, the stock investors chose differently. If you want to consistently make money you need to learn to straddle, in different ways. Even though you know one position will be a complete loser. You will sleep better at night. Heck, I really thought GoPro was going to tank. I was way wrong, and walked away with a 25% profit for one day. Could have been a lot more if I had played the right side but I was guessing wrong so actually I would have lost it all because I would have been on the losing side.