And if you are adventurous, get some GPRO as well it might get a relief rally back to 14 level. bad news is out and it is much low now.
Both stocks will go up after opening down imo
Thank you for your free advice guru.. you seem to be able to predict the future very clearly with your crystal ball. I am quiet damn sure you did the same analysis with AMZN, TSLA, CRM, FB etc and lost ton of opportunities. As far as I am concerned, I manage a very diversified portfolio with a balanced allocation with calculated risk on future opportunities. Pls dont spare your time worrying about me and focus on your investments to not miss out innovative companies. Good luck!
Sentiment: Strong Buy
I am an avid fitness guy, still I am already getting tired of this thing.. it is a hassle to wear/charge and track it.. losing interest. This product can get a max 25% upgrade buyers.. no more
You are making a 'lot' of assumptions and if your assumptions go wrong and Pure continue to grow your shorts will cost you much higher. My assumption is this company will continue to execute and the rewards will be much higher.
I would disagree. I am quiet positive this stock will hit $20-$24 range before it breaks down or up. If it continue the rev growth, I can see the valuation going up to the $6B range. I see them attaining profitability in the 2H 2016 much accelerated way and this would be great driver for PPS appreciation. As far as competition, their primary rival is EMC and many customers are thinking about switching from EMC VMAX'es to Pure .. especially DELL is not preferred choice for many customers.
With that logic, Netapp must be way undervalued. but Wall st. doesn't give a damn about your valuations.