I know companies who switched to WDAY and who regret it dearly. And who will drop WDAY and go back to their previous applications. Growth will slow to a crawl because WDAY is getting a bad rap.
It has a Price/Sale in the 30s. The stock can be cut by more than 50% and it will still be overvalued. Under $50 is very possible on a market correction.
Look, the stock went way too high, way too fast. The market cap is 4X what it should be. You cannot grow retail that fast. The last CC was very troubling and showed that UA growth is slowing. There's only one thing left for big money, sell and wait on the sideline. UA will be part of the worst hit when the market slows down (soon)...
BTW... The market just touched new all time highs while UA was stuck in the red. Wait for down days, it's not going to be pretty. And you know it.
There's no way this can go up and stay up.
This valuation is a joke, look at Nike... UA is value so high, it will be cut in half on any market weakness.
Big money was selling big at the close yesterday. They know.
I saw that one coming.
I bought and sold the bounce on Friday and I'm back on the sidelines.
GNW has lost credibility and will need time to rebuild confidence. Until then they'll have to deal with multiple lawsuits and should raise cash.
Better entry point are coming.
I will wait to see where GNW is going. Real estate is slowing down and new longevity charts might hurt long term care.
Volatility is back and shows that we might be doing a trend reversal. I'm out and will wait it out.
To keep their huge quick profits.
He's done it before.
Algorithms are pumping LNKD as MMs are shorting it.
Insiders know better and are exiting massively.
September and October will be ugly. Sub $100 is a feasible target for MMs.
The market is ripe for a (real) pullback, this low volume rally is a bull trap.
Go check shortanalytics, you'll see that the majority of trades were buys, even if GNW was falling last week. Very low percentage of shorting activity. Big money was scooping cheap shares and will push GNW back up when they're done loading up.
Shorting a low PE stock like GNW is suicidal. AIG, Warren Buffet, or anybody... is watching and might try to acquire GNW now that it's back down to %40 of book value.
+$8.3 billion in reserve is making GNW a safe as can be.
"Have not sold, wish i did".