I believe that there will be a volatile Monday. Mr Short may attempt to control the price again to discourage others from buying.
Mr Short is doing some dirty dancing with their broker to keep him distracted. Deep, deep underwater positions. I doubt that Mr Short owns sufficient options as insurance.
Great! Just got my lucky # 13. If you owned an iPad, you would notice that 8.2 does not carry a watch symbol on the iPad. It's different than the iPhone.
Because he consistently violates Buffett's laws for investing. Such as learn how to read financial reports, don't take unnessecary risks, and never believe that you're an expert and know your own limitations. Plus he needs to hire a better caliber of flunkies. Is Mr Short's carnage over today? Maybe, maybe not. He may still have to cover much more by end of the day. The price could still go past this morning's high. Even though he has exchanged his lower priced positions for higher priced ones, he's still deeply underwater.
News this morning of Ackman being investigated by the FBI for Herbalife stock manipulation. He hired lobbyists to contact regulators. The lobbyists are being questioned for lying to them. I've been expecting the same here to happen. If Mr Short keeps it up, he might be roommates with Ackman.
Chase Fraud caught a $9.99 charge to my account this morning from ADY Spotify, USA, NY on 3/12/15 at 12:48 pm. They didn't have our credit card expiration date so it was declined. New card being sent. If you get this unauthorized charge, I suggest that you call your card company to dispute the charge and cancel the card and get a new card sent. From what I see on the Internet, it looks like they will continue to charge you monthly for an account that you don't have.
EBIX has a tendency to exceed earnings expectations, sometimes by a very good amount even without much repurchase. Yes, once shorts get their hooks into a company like Ebix, they rarely go away.
Jobs was a promoter (showman) and businessman and not a scientist. He and P T Barnum are both gone and the world still moves forward. The new watch will eventually be a FDA approved medical device that will make life better and even save it. Apple TV is now here with the new HBO agreement. Others to follow suit. You didn't think that Apple was going to make a real TV set did you? Sets don't make money; content does. The same with cars.
So 24% of the adult population will buy the watch? Sounds like a blockbuster to me then. Millions and millions will sell the first year as a discretionary item and when they get FDA approval, they will start selling as a medical device that will be a must have. Think prescription device with insurance subsidies. Health just doesn't mean exercise.
Could be. I read an article the other day that stated that the other company was notified that they were out of contention at least two weeks prior to the story that Ebix was picked. The article included reasons as to the pick such as Ebix's complete, tried and true system vs a system involving several others to complete the package. It also stated that the implementation would not be mandatory but later would be highly encouraged.
The watch will have to sell as fashion until it gets FDA approval as a medical device. When that happens, sales will exceed all expectations. It could become a prescription device which will be subsidized by health insurance.
I was wondering about that approval date. I couldn't find any information. I wouldn't be surprised if the earnings date was arranged around the expected approval date.
My theory for some time has been that a consortium of shorts are working this stock. One maybe controlling the stock more than the others, but all are acting as one. You can't scare these people. They have to be forced out. Under that idea, I sold 20% of my shares at higher prices than today and took some profits. They will continue to put pressure on the stock until earnings and hoping for some bad news to pull it down even further.
They have done this before. If you use them, they will hit them.
No surprise to me. Rotation out of lower priced short positions to higher priced ones. They're keeping the price down to control any covering. I expect it to continue as they buy options for covering and protection.