no, because the PCLN sentiment hasn't soured on WS, unlike GPRO and AMBA. It's all about sentiment. Numbers and EPS means nothing much on WS.
PCLN went up from $1100 to $1470 in couple months, that's a $370 increase or 34%. Losing 10% is still a joke. Going down $200 or more in a month is a bit of a move, anything less than that is a non-event.
I think PCLN should have been $1200 by now. Single digit grown and hugh miss on EPS doesn't warrant $1300 price tag.
you shouldn't have covered. PCLN is starting to look tired. Momentum is almost running out of steam. I doubt that we will cross $1,360. This is when you should have added some more shorts to average down your overall short position.
This little bustard ipo his stock in US, became a multi-billionaire overnight and now he is bad mouthing USA saying we should not worry about China. This little roach doesn't know that 21st century economies are interwoven; we live in a globalization era in which economic stability is tied to each other. Wall Street needs to teach this little sneaky dragon a lifetime lesson and remind him that US rules.
I am a proud American citizen and will short this little b$&ch as much as I can.
Sentiment: Dump this Chinese ADR garbage.
Now that he couldn't make money on the upside, he will incite fear and make money to the down side of apple. It's all about MONEY to him and people are falling for it. SAD!!
First, he said "he is hedged more than ever." Second, he said he would release a video the next day. Waiting incites fear and he knows it very well. Why couldn't he say all that when he releases the video? He is inciting fear in installments......for longevity.
If you have lost a lot of money and want to recover, the only way i see is to buy bunch of call options right before earnings. This stock is so overly shorted and the expectations are super low. If woodsman manage to report a blowout quarter, the stock will fly atleast 20%.
Goldman says option market is expecting a giant move, positive or negative, this week. Buckle up, for now it seems to be a negative move.
Why does anything that AAPL does gets a bad reception? Every instance apple release anything, the stock tanks first and then recovers later, as if wall street just hates everything apple does.
Name one company which have sold 13Million phones in 3 days? People are splitting hair here.
AAPL is one of the few stocks on NASDAQ that's hold up pretty well today. It's a good place to hide on such bad days.
The momentum is building up in the stock. So far two positive news--1) Cooks saying the sales in China is great and 2) Iphone 6S sold 13MM and broke all previous records. The stock will turn green as soon as the VIX subsides.
Sentiment: Strong Buy
After Icahn's comment, i am assuming a lot of big players are scrambling to further hedge their positions, hence the VIX is not sagging. It appears that we shall see VIX again in mid to high 30s, if not in forties.
The one thing that's sending seismic waves in the market is the plunge in commodity prices. Breakdown of commodities is an early sign of coming recession.
This could very well be a lifetime opportunity to enter AMBA at this cheap. The additional cash flow from the recent acquisition will kick in, i believe, in 2017. I believe in AMBA growth story but the stock paints a different picture.
The good news is that institutional ownership is at 50% and major players such as, blackrock, Northern Trust, Wells Fargo, Canadian Capital Management, Vanguard, Coatue Management, Morgan Stainley and State Street opened positions in AMBA stock in 2nd Qtr of 2015. With such good backing, the stock has good chance of going back to $100. These big guys will not sell until they churn 10-20% profits. The longs (big players) are much bigger and stronger than shorts, so hang tight. AMBA will recover.
Sentiment: Strong Buy
A growth company would need the capital more than a matured company. A growth company would never buy back because that capital is better used for the expansion of the company. When the cost of capital of a company becomes greater than the hurdle rate, which happens in mature companies, then it's better to disburse the funds through dividend or do buy backs.
Another point to be noticed is that GPRO has no new product for the holidays. This is what killed the stock because the sales will be stagnant. Adding oil to the fire, China worries came into equation. So GPRO will be in this rout for some time.
What i meant to say is that the stock hasn't stabilized yet. It is still trying to find a solid footing from where it can spring back up. The high PE or higher PE than other "chip stocks" is the issue. The stock is in correction territory and it may get corrected to 12x PE ratio. The overall market sentiment is bad and hence it is highly likely that it may test 12x PE.
3) He claims one of the highest salary in corporate world. This is very unacceptable from the shareholders' standpoint as the fat salary would directly impact the top line revenues of the company. So the shareholders are in it for a gamble while CEO collects fat salaries year after year.