Pacific Sunwear of California Inc. Message Board
-
Anything above that and we end green on the week! That would confirm the bear trap and it will go much higher the next few weeks....
- Reply to
Insiders selling big time! time to sell before it is to late
by craigcrrd •May 22, 2013 5:34 PMAlso do some research... the seller is the old owner of Network Solutions as they got some of the price in stock. I would also note they started out with around 16 million shares and are now down to 3.8 million after the recent sale. They have divested over 12 million shares yet the stock is near a 52 week high!!
What do you think will happen once they are completely gone??? You do realize someone has sucked up all of those shares!! Once the over hang is gone we will go up. In 2 years this is a $40 stock.
I can see this getting into the upper $20's this year. I would also note this could have a short squeeze and go parabolic any moment. Over 95% of stock owned by institutions and mutal funds yet about 7 million shares short. Look for a huge move when we break $22 again.....Sentiment: Strong Buy
- Reply to
Insiders selling big time! time to sell before it is to late
by craigcrrd •May 22, 2013 5:34 PMIts a bear trap!!! It went down and tested the all time high before the recent move ($19.77) and held!! This is a good shakeout of weak hands and a move that pulled shorts in like yourself. Setting up for a bigger move in the future.
Sentiment: Strong Buy
-
Plus look at institutional ownership... its increasing.
-
No volume after hours(less than 6000shares). There are a lot of shorts in this one(over 7 million shares). I think they may try to sell it off but I expect it to be green by close. Earnings of $2.00-$2.05 for the year. This is a $25 to $30 stock IMO.
-
Guidance for second quarter revenue of $130-$131 million and non GAP EPS of .48-.49. Raising Full Year revenue to $526-$533 million and non GAP EPS to $2.00-$2.05.
-
Very positive CC. Says ARPU should start to increase at a faster clip each quarter. Have expanded feet on the ground to 8 cities and will be fully ramped in second half of year. Confident they will mantain retention rates of 99%. Will exit current year with higher growth rate as investments start to accelerate revenue.
Sentiment: Strong Buy
-
Analyst expecting .48 on $130 million in revenue. For Q1 they expected.45 on $127.7 million and they got .48 on $128.1 million. As usual guidance is what will move the stock.
-
I will post once they give it. About to start now.
-
We shall see what they say. Going to have over $2 in earnings for the year given the debt it should still have a 10-12 forward PE. $20-$24 short term I think. Look how the institutions have been accumulating!
-
Always goes down faster than up. Good luck getting out!!!!
-
I added on the dip. No doubt in my mind this is going to $15 shortly. Long term with the cash they are throwing off and the acquisition strategy I see this going to $50 in 5 years. Reminds me of DXPE.
Sentiment: Strong Buy
-
Yep it will be next week. From SEC site:
10-K: for Fiscal Year Ended 12/31/12 due Monday, April 01, 2013 for non accelerated filers. -
I forgot the market is closed Friday so probably will be next week.
-
If they announce earnings Thursday CC will be Friday. If the announce earning Friday it will be on Monday.
-
Just cleaned up those shares at .40!
-
Should be great. Overall market is saying people willing to take bigger risks. Could go higher quickly once 10K comes out!
-
Buy this pullback it is a good shakeout.
-
Complete opposite of the bottom. Lol. Everyone says BUY on TV!!!
-
Volume says otherwise. Its getting nuts! 80% of people are BULLISH!!