If they know about the channel, why announce shortly before qtrly earnings? Their 14 price target seems suspicious as well. Stock has run down from their previous target of 22 to 14+ and now they lower the target?
Murph - I was just pointing out the relative size of the two companies. While TEVA has grown in the past 7 years, ROSG (the supposed higher growth company of the two) has steadily lost value. No, I don't expect TEVA to make an offer, but 7 years ago I certainly thought that ROSG would be worth considerably more than 2 days of TEVA sales.
Another options Friday and once again it looks like price will be drawn to 15 so that the 15 puts and calls will expire worthless. I'd like to be wrong, but it certainly seems that the tail is wagging the dog in this case.
It used to be that a strike price was the magnet for share price on Friday. Then it expanded to Thursday. Now it seems like Tuesday is the day. Here we are, hovering at 15.
If you put in an ask price higher than the current bid, you are sure to see the share price continue to decline. The only way you can sell is at the bid, i.e. market. I know, because that always happens to me.
Not sure you should compare mass market services company to DDD. While the margins on incremental sales are huge for FB and GOOG, DDD incremental sales margins are going to be less impressive, simply because they have to produce and support additional hardware. HPQ and SSYS would be better points of comparison.
Remember that fwd P/E and PEG are made-up numbers. Some analyst had to generate them and unfortunately, we don't know how old they are and if they are still valid. All it takes is a couple of extreme outliers to move the numbers notably down or up.
So you're using a value analysis to assign a price rather than growth. On a corresponding basis, what is your valuation of NFLX, HPQ, and APPL? I just picked 3 well known names, just to get a sense of how well your analysis compares to market value. I am assuming you have done some serious analysis to come up with your fair value of DDD.
So with the market up strong, you're thinking that DDD should be swept along? Yes, but just to the 17 strike price. Note that you can buy both the put and call at the ask for 37 cents. If you're feeling lucky, just buy one or the other.
This seems to be the pattern for DDD (and lots of other stocks) on options expiration Friday. If no news, price moves to the nearest strike price. Don't you just hate weekly options?