this is the kind of stock that could double in a short time if it has good news to report next time
What's wrong with that? There are a lot of people that are not Christians. Christians presume everybody believes in fairy tales.
Every time he recommends a stock you look at the chart and it has already gone up and vise versa.
Pundits were writing off Best Buy a year ago, but they turned it around. The Shack can too. It can become the showroom for all kind of phones and games. Even a company like Amazon could buy it to display certain goods and make it a pick-up place to pick up your orders.
Minnie Pearl told a story about her brother who went up to Knoxville and bought baled hay at a dollar a bale and brought it back to Nashville and sold it at a dollar a bale. He wasn't making any profit, so he bought a bigger truck. So, just getting bigger and still making no profit is what NOW is doing right now. They better not forget about profit, just getting bigger doesn't help.
what decline? It's been insanely up and up for a stock that makes no profit.
ServiceNow, Inc. (NOW)
INFORMATION TECHNOLOGY SERVICES
graded at 29.2
Very Inadequate Fundamental Rating -
MarketGrader currently has a SELL rating on ServiceNow, Inc. (NOW), based on a final overall grade of 29.2 scored by the company's fundamental analysis. ServiceNow, Inc. scores at the 31st percentile among all 5917 North American equities currently followed by MarketGrader. Our present rating dates to July 18, 2012, when MarketGrader initiated coverage on the stock. Relative to the Information Technology Services sub-industry, which is comprised of 134 companies, ServiceNow, Inc.'s grade of 29.2 ranks 90th. The industry grade leader is Syntel, incorporated (SYNT) with an overall grade of 80.8. The stock, up 29.23% in the last six months, has outperformed both the Information Technology Services group, up 14.66% and the S&P 500 Index, which has returned 11.18% in the same period.
When the market crashes most stocks go down no matter whether their reports have been good or not. Especially ones that have risen a lot lately! So just because fnsr had a good report last time it will fall if the overall market falls a lot and Sept.-Oct. is usually bad months for that.
There will be a saturation of the market and everybody will have what they want. Every need is eventually filled and then the companies turn the other way.
When the next quarterly report disappoints it will fall just as fast as it has risen or faster! I've seen it disappoint many times.
Finisar's had a strong summer, as its stock is now up 60% in the past three months. However, there's nothing here that indicates a screaming buy -- Finisar is still losing money on an officially reported trailing 12-month basis, and its most recent free cash flow figures give it a price-to-free-cash-flow ratio of about 35.7 after the pop. There could be more growth ahead, but there might also not be -- Finisar's earnings history shows a lot of ups and downs in earnings and free cash flow.
It may as well be in Greek to me. People read into it anything they want to hear! Losing is losing to me. If you lose more or less than expected means somebody just predicted wrong! Losing money is still losing.
Riskiest stocks shine before market tops
One of the most striking patterns about these months leading up to a market top is that the riskiest stocks far outperform the most conservative ones.