Netflix is a completely different company opinions. Branding, leverage, scale, and exponential worldwide growth all describe Netflix. I watch Netflix every day, and no longer watch TV. NFLX is huge, and yet they're still in the early innings. I don't know that everyone will be interested in GoPro cameras, or drones in the near future. Ambarella is not Neflix......But I get your point.
Carter Worth is a well respected technician, and he said to sell AMBA. The simple force of gravity will take over soon. When you ask? Well I'm going out on a limb to say the pullback begins in earnest tomorrow, Weds. June 17. I have a good reason for this to happen starting tomorrow, which I will not share right now. I can tell you this from experience. AMBA will not advance much higher, unless it's allowed to pullback and regroup. A move to about $95-$97 within about 3 weeks+ would be very healthy. And since I have the other side of the trade here, I'll be honest and tell you that Ambarella is a great company in a high demand space. But none of that matters, because parabolic moves are not sustainable for long. I'll probably go long in the $90's.....See you there.
this stock is lagging. Most oil related stocks have been up, while SLCA has been consolidating. While consolidation is good for a future move up, it's been down several days after an upgrade. I'm not selling, however, because I still believe in the story.
Does this mean he likes to see his clients lose money? I am so sick and tired of the sell side analysts in this market. It's 1999 all over again.
If you bought in the mid $50's and haven't sold yet, then clearly you're the complete joke. Ambarella is not a panacea for all diseases, although it's bid up like one. A correction to $90 or so in a few weeks is healthy genius.
The bottom line is anyone who hasn't taken a profit by now is greedy, and will get hurt. This time is not different.
says get the hell out of AMBA before it's too late. Normally I wouldn't short a freight train, but this one is worth (no pun intended) the risk.
It looks like AGIO will fall to the $89-$90 range, maybe even this week. If that doesn't hold, we're probably looking at a move to around $70 in a few weeks. I just follow the technicals. What does this company make again?
Three analysts, heavy institutional ownership, and very valuable assets. I see Paulsen making an activist move soon.
Yep, it's that time folks. Time to go short. And I love reading posts from greedy longs saying "on to new highs next week." That's just what we read in the year 2000. Ambarella is a good company, but they have not discovered a cure for all diseases. It's a stock, and people take profits. I'm not short yet, but I'll start my position Monday.
JFC, the financial media does this every time. They say the markets are down because of Greece, then Greece buys more time for the upteenth time, and the market soars another 100 points. We desperately need a real correction, let it happen, and stop the madness!
this is still only a Phase I trial going on. This stock has been bid up in anticipation of this news, and the drug going to market is still years away.
And Oppenheimer also out with a note and an outperform rating with a $47 price target.
Out of the 20 oil and gas stocks he covers, he thinks Whiting has the most upside. His price target is $52, and that's under current market conditions. The analyst said Whiting's shares can accelerate because the company is showing that impressive well cost reductions are manifesting themselves in low F&D (finding and development) costs.
Sentiment: Strong Buy
And when the next crash occurs, analysts will be pounding the table about the "buying opportunity of a lifetime." Just one unexpected market moving event, and it's all over. Oh, one more you forgot I recently read: "Higest margin debt ever, and it's good for stocks."
Some good points. There's way too much margin here, and you're right, the Fed has nothing else but their 6 year attempt to expand the wealth effect. It's not working (trickling down), but they don't care, and the money managers certainly don't care. They'll continue to pump the markets incessantly.