Honestly don't even care about the fundamentals of the company. Following the 12/21 call action. People are going to jump on the bandwagon here. Seems pretty easy.
I think in 2014 the market will continue to go up. It think gold can still go down. I'm just saying that I think it's inevitable that our currency tanks. In a perfect world you get in when it's time to get in and you take advantage of what's working now, I'm just saying that ultimately you'll get a very nice return on gold because I don't see how it doesn't go way up.
Gold has been crushed this year because of the belief that the fed will begin to taper. This results in rising interest rates, a rising dollar, and a drop in gold prices. While I believe the fed has no intentions of taking their foot off the gas, they'll never take it off the table.
The taper is contingent on the unemployment rate. If you've been paying attention to earnings this year, many of the companies that have seen their stock go up are regularly missing on the top line, but they are hitting on the bottom line. These companies are improving profitability by cost cutting, which often means layoffs. If revenue is heading in the wrong direction, that either means margins are down or the demand isn't there or both. If demand is on the decline, you aren't going to hire.
The stock market drives our country. Every executive at a publicly traded company is finding a way to be more profitable and often times that means finding ways to replace people with technology.
The Amazon CEO wants to deliver our packages with drones. He envisions a world with drones flying through the sky delivering your package to your door on the day of your order. Now this is probably a long way off as these things could fall out of the sky and kill people, but it shows you thought process and where we are headed. The drones would replace how many FedEx and UPS workers?
I ultimately see unemployment getting much, much worse, which means no taper. If it becomes clear that the fed can't take their foot off the gas because they won't let the stock market tank, the dollar is ultimately going to tank. When that happens, gold will sky rocket.
I don't know if it will happen in 2014, or 2015, or 2016, etc., but as long as our economy revolves around the stock market and our corporate executives #1 priority remains shareholder value, I don't see how we avoid massive unemployment when companies are forced to beat earnings by driving down costs.
The negatives were no announcement on expanded distribution and capital returns were below expectations.
Clearly the focus with this stock today were the negatives. Having said that, like with so many other stocks, this could rebound quickly after it's post earning's dip.
If it does than it's probably a buying opportunity. I just don't see the news worthy of a 10% correction on a stock that's already trading at a pretty cheap multiple.
Having said that, you can never say never.
You see this with stocks all the time. A dip after earnings but a quick rebound. This stock is trading at a very conservative multiple and they continue to see growth in subscribers. If this was an expensive stock and they saw a decline or small gain in subscribers, I would get this reaction, but that's not the case.
I don't care how down you are on this company. It's a cheap play and they continue to grow.
Analyst James C. Goss
Analyst Heather Bellini
Analyst Heather Bellini
If this stock was going to tank, why wouldn't TTWO wait to start buying back shares at a cheaper price? Ichan could be selling for any number of reasons, he's already done well with this stock.
If the stock is going to make a move up, it should be soon. It's still trading like it did in early September before it made a huge move up. It doesn't look like the stock wants to go much lower as the stock gains support when it dips in the $26 range.
Look at that trading pattern and it looks similar to what we've seen since Xoom's last earning's call. If history repeats itself, in the next week we should see a big move to the upside. The week of Thanksgiving historically is a strong week for the market. Hopefully we see a similar breakout.
This stock dropped because of conservative guidance. They only have 4% market share right now. Their ability to offer competitive rates because of their "brick and mortar-LESS" approach is only going to lead to continued growth.
This is a pretty cheap entry point for this stock. I believe there is an opportunity to get an easy 25%+ return on this stock in the next 30 to 60 days.
Volume is light with most stocks. The stock had 3 bad days in a row, but the volume was relatively light on the way down.
There is very little short interest in this stock. The majority of the people who are in this stock are not panicking and are in for the long haul.
I'm in at $29.05. I don't like the way the stock is trading either, but this look like retails investors getting out. This stock dropped because of a conservative guidance. I full anticipate this stock, like many others, will rally going into January earnings. It's just a question of when that rally starts.
I was in FSLR in August and I couldn't handle the pain of the way that was trading after earnings. I sold around $38. It's now at $61.