Boy was I right. It hit $22 on the dot and not a penny more. I'll start buying at $17.75 or so and all in if it hits $16.5. This won't see $14 again. No shares to short. I've tried when it hit $22 and there were none available
NEW YORK (TheStreet) -- Gogo Inc. (GOGO - Get Report), which provides airlines with in-flight connectivity and other wireless digital entertainment, had its 2015 and 2016 EBITDA estimates cut by Morgan Stanley to ~$20 million and ~$50 million, respectively, from its previous estimates of ~$31 million for 2015 and ~$81 million for 2016.
The firm said it lowered its estimates, reiterated its "underweight" rating, and set an $11 price target on Gogo stock based on the company's 2015 guidance, which was lower than what Morgan Stanley had previously estimated.
Gogo announced on Tuesday the sale of $5.94 million in aggregate principal amount of its 3.75% convertible senior notes due 2020.
"While the convertible provides Gogo with liquidity, and results from CA North America were encouraging, 2015 guidance was lower than our estimate," Morgan Stanley said in an analyst note this morning.
3000 shares about 21.62 on the average. Looks like it may reach for 22 but I've been greedy before and hasn't worked. $14k profit. Needed this to partly pay for my oil losses Good luck longs. Has been a long 11 months or so
I'm in the same boat. Almost a yr. Have 1000 shares in one account break even 20.7and 2000 shares in another with a $15 break even so i'm up $10k on that but wanted to sell all at least $20.7. Was a few pennies away and pulled back Encouraged by the buying in the last 5 min and it may spike on Mon if it does, I'm out and will be buying back starting at 18 and down to 16.5 if it gets there. I think it was too far too fast and needs to pull back for new buyers to get in. I think this will go to $30 within a few months but gonna try to make some money trading it
digesting the gains made in the first hour. Will it make a run for it and break through the $20.65 and make a short-lived new high or pull back for a couple of weeks to make a more significant high following that? Yesterday and today was very important as it broke up out of the range.There is no way but up
Funny. That's the way I look at it. Earnings on Monday are good and the ones reporting Thu after hours it's like they're trying to bury something in the weekend. This is not backed by any serious research though
I gave up long ago trying to figure out why. Could be the opposite reason for why it traded down ytd. A couple of blocks of a few thousand shares can really move this one
at Brokers bank Securities with a near term $7 and 18 mo $10-$12. The second target would make me very happy
I only said that because I saw 80k shares in 2 or 3 blocks cross the tape and the price jumped 80 cents. on the other hand if I were you, I would be worried. Stock looked strong today in a weak market. If it crosses $17.10 or so, in my humble opinion that would be a trend reversal. A few more resistance points around $18 and 19 if I remember right and once over 20 it's off to the races. As a caveat...I've been wrong a couple of times before. Long 3k shares and down $3-4k on this one
I meant to say ...technological As far as technical analysis most of the time that's voodoo. I watch all these analysts on CNBC being dead wrong over 50% of the time My prediction is that you've seen the bottom for the day at 14.6 or so, a good and needed retracement from ytd's bounce letting more people get in
But looking at the macro trend this would be the wrong stock to short. Leader in the industry in what seems to be an oligopoly. High barriers to entry, backlog for a couple of years and every plane will eventually offer WIFI. Increasing speeds, Oil down which means airlines have more money to invest because they're not passing all the profits to their flyers and don't want to be left behind. All earning reports have been positive since I've owned this although the stock price hasn't followed. Minor negative would be that they're losing money which is to be expected. You can wait until everyone gets onboard and make little money or buy here at the bottom
saw a 13g with nothing in it doing a google search. That one was dated 12/31/14. Maybe they had some gains to offset. In the meantime loaded up on some more calls