I once watched this stock drop 7 bucks on something like 500 shares in the early days. So 46 cents on 12,000 shares is like IBM liquidity practically. Thats why if they ever get good at anything and a few thousand people decide to buy at the same time it would be fun to watch.
This weeks high can easily be next weeks low. It needs to settle in at these new levels and form a new base. Those last numbers cleared the way for at least 3 more months of upward momentum.
If you feel that way, sell half and leave a stop at like 75 or 80 on the balance. As the stock goes higher just keep raising the stop. I'm looking for 500 million and 3 bucks per share in 2014 , and raise them both 75 per cent in 2015. A billion people is a lot of people.
These are the same analysts that in September thought they would make 1.77 in 2014. Now they are up to 2.20 or so. That number will just go up after each quarterly announcement. I said it on Dec 12th and I will say it again, 3 bucks a share is not out of the question for 2014.
I think it goes down at least 5 bucks. I've been long since Dec 2012 and have an order in to buy a few more much lower. Seen it before.
Does it every time. I have watched it do this every quarter I believe. Squeeze out some shorts then ram it down to screw the jump on the bandwagon crowd , then a couple weeks later, start going back up.
Has a history of going up after hours or pre market on good numbers. Then it usually tanks down 10-15 bucks and forms a new bottom before resuming its move up. It has done this a few times already in its brief existence. I'm putting in a buy order either 72.5 or 70 for some more. Market maker has to make some money, do his thing, screw over a few people.
Within a week, it will hit 90 or 60. I'm betting on 90. I am looking for 3 years of huge growth. As soon as growth is just good, I am out.
I think this company has crazy upside as a stand alone company. But unfortunately it probably will taken out long before it fulfills its potential. I just hope they get a couple companies in a bidding war and get a hefty premium. A billion people is a lot of potential customers.
Talk about wasting no time. Looks like this guy is making a statement about his intentions. I was hoping the stock would go down to10 so I could add some shares to round out my share number but it doesn't look like that will happen. Maybe after the first big dividend it will go down a bit , think I'm hoping for 12.5 now.
If that isn't an indication of what type of numbers are coming out next week, I don't know what is. I bought 500 more yesterday and will continue buying until growth is just good. I'm hoping for 3 more great years at least. Shorts are crazy.
I have owned this stock basically since the ipo and have closely watched it. I tried with limited success to time it and sell it and buy it back, almost got out at 33 and would have missed this whole move up. Closed my eyes and bought it all back at 36.5, best move I ever made. This stock does have a nasty habit of spiking premarket on great earnings announcements and absolutely tanking on those days. Some times as much as 10 bucks. Gotta have a strong stomach for this one. Example , traded at 51 or 52 premarket on a earnings day and then was down to 36.5 in a few days, traded at 72.5 on a earnings days premarket and went down to 57 or 58 recently. I try to buy 500 more a couple weeks before every announcement. I feel we will run up maybe 5 bucks into earnings get a little short squeeze, then take a ugly 10- 12 dollar hit and form a new bottom. Apparently there is a large percentage of shorts in this stock, I think they gotta be crazy, but thats what makes a market I suppose.
The grant thorton auditor gives me a cense of security that efut is a real company doing real business. And not cooking the books any more than everyone else. Hopefully it isn't a false cense of security. I will say , however, that the q4 estimates really put me in a fowl mood. I had a bid in to buy more shares at 4 bucks a few weeks back, I canceled it , sick of throwing money at this thing. Thank goodness for YY.
More branches, more money. More money, more dividends. More dividends, more shares. A wonderful cycle.Slow and steady wins this race. Thirty years from now when I am dead, my kids will love this one. Trying to teach a teenager these days about being financially literate in the world of keeping up with the Jones is tough. Immediate gratification generation , don't want to wait for anything. Got the whole hockey team downstairs, gotta go check and see if the savages need anymore food. Well done .
These quarters just fly by, the older I get the faster it seems. Company gave great guidance, all they have to do is hit those numbers and we will be in great shape. If they surprise to the upside, which they seem to have a habit of doing, we could get a nice bump. Good luck. 2014 could be a year to remember.