GS also pumped AMZN in the high $300 PRIOR to the big plunge below $300. They are definitely the kiss of death when it comes to investment research.
My company (a Fortune 100) is slowly converting us over to iPhone6 from iPhone5! By year end, we will all have iPhone6!
Buying WYNN is a pure contrarian play just as I have when I bought APPL two years ago when analysts were bashing them and nobody wanted APPL. Wynn has great growth and income potential. It's a leader in its industry.
As for Macau, that's old news. Does anyone really expect the torrid growth rate will last indefinitely?! NO! This is the new "normal". Analyst will have to adjust their estimates accordingly. Fact is, Macau is still growing but it's not growing as fast as expected. Whoopeedo! The stock prices among the gaming industry is already "priced in". Analysts, as usual, is always late to the party with their upgrade/downgrades. They are nothing more than sheeps!
As for the boardroom "fiasco", those are nothing but "noises". Right now, the industry is out of favor and money is moving to other sector play. With the dividend yield at this level, I'll gladly wait it out for second half of 2015 and beyond.
As for selling my AAPL for Wynn, I will wait to hear if Tim Cook will raise the dividend payout. If not, I will sell 1/3 of my aapl position and gladly buy Wynn. Either way, I will buy Wynn.
Btw, what do AAPL and Wynn have in common? They both have the ability to print money!
From a TA perspective, Wynn must not break below 120-125. Pull up a 2 year chart and see.
Both stocks are at identical price. As a long time investor of AAPL, I am thinking of unloading some AAPL shares for WYNN. I think the risk vs reward is enticing. Plus, the dividend yield is a HUGE motivation to buy WYNN. Any further dip on WYNN and consider me LONG...
The Bears will ride this thing down to $15. I KNOW cuz I shorted Garmin (GRMN) back then. GRMN went from $150+ to $15. Yet, GRMN is much MORE diversified than GPRO.
i just need AAPL to go up another $10 to make my stock value at $100K. That would be 100% ROI in 2 years. I wil lthen sell.
Although I would consider buying an iWatch, I don't think it will sell as well as most people think...
Garmin tanked from $150+ down to $15. Yet, GRMN is much more diverisified than GPRO. GPRO is a one trick pony....
Michael Prachter was pumping yesterday's winnner! LOL What a joke!
Dont' catch a falling knife! GPRO is a commoditized company. This company reminds me so much of Garmn (GRMN) when standalone GPS was the rage..... Their stock cratered down to $15 at one time from $150+. History repeats! However, GRMN is better company to weather the storm because of the diversified product lines. GPRO has NOTHING. It's a ONE TRICK PONY.
They have STUFFED the channels!!
BTW, Michael Prachter from Wehbush Securities upgraded GPRO to $95 a couple months ago was a KISS of DEATH! He was bearish on NFLX and when I heard his price target on GPRO to $95, I KNEW this guy was a JOKE! Can you say "Contrarian" of what he recommended...? Caveat Emptor!
The day GoPro sold their cameras at Costco was the day the volume units have PEAKED.
I'm curious to know how much inventory did GoPRO STUFFED the inventory channels in Q4...!
Sentiment: Strong Sell
Bought near the close at 22.60 for 1K shares. I will be out at around $25. Daddy needs new shoes for Xmas! LOL
Unfortunately, I bought HFC earlier last week to get the special divy. Still trying to break even.
I've been tracking HFC vs WNR. WNR goes down less than HFC on a down day. Yet, WNR goes up MORE than HFC on an up day. I don't own WNR but wanted to because they had declared stock buy back.
However, I loaded up on BP yesterday AM. 6% divy yield!!