Irresponsible incompetents like Einhorn and clowns from Knight systems effect this excellent stock with great earnings, great dividend, great growth prospect, great management, and great investor base.
There will not be a two year target price for nintendo because it will be bought by either apple, microsoft, or even sony. For three reasons: 1) intellectual property (title rights, software developers, etc.), 2) expansion into asian markets (which are projected to grow even by modest estimates), 3) cash balances (especially apple and ms). I am long and have some stock, obviously a losing position now, but will purchase more in few weeks. Good luck all.
Just by looking at P/E for Bidu it is clear that the stock is overpriced.
If Google had the same P/E as Bidu then Google price would have been around $2,500!
If we were to use Google's P/E for Bidu then the price for Bidu would have been around $95!
Yet, Google is used all over the world and much more developed.
"according to some very placed sources" can you be more ambiguous?
if you have nothing factual to say then don't!
i dont think a) you could fake the introduction
of a new product, b) patent issues can not be faked,
c) accounting books can not be faked. you have no
basis for your comments. use facts! you either want to
get this stock cheap or sell short...
Take your money and run! Boris just resigned, Communists are taking over. This stock will be privitazied and the offices shut down. RUN ! RUND ! RUN ! Save your money
VLSI stock run up prior to the 1st qtr release date. Today, after the release it will be down. I see the similar patern with LSI. I think by selling the stock before earnings are announced, one can get it cheaper later. Of couse, this is only my opinion, and I could be wrong. Educate if you know...
"After the effect of pooling of interest accounting for the PHSS acquisition, earnings totaled $.43 per share compared with $.31 last year." First Call estimate for the quarter was also $.43. Being able to integrate with PHSS and still be on par with FC estimate, at the same time deliver 29% increase in revenue for the 13th straight quarter, will be viewed positively on the street today and in weeks to come.
This company has been in acquisitions mode for a while. Some acquisitions were successful and some are not. (I think the
move from $34 to $40 was a strong indication that some money managers who were in the "wait and see" mode (regarding
acquisitions) put their fears aside and began buying.) However, they have been able to grow at 20-30% a year. They have strong management.
Their transaction volume hit all time high in December and as they learn and integrate new businesses their stock will move to
$50-$55 by 3rd, 4th quarter.