Geeze everyone chill. That was actually a pretty funny post after LL. Don't think he is short at all, just trying to be clever.
Hagen....quiet for a while now. I am guessing that MDR did not drop as much as expected and you are now out with a small profit. Analysts starting to come out with positive comments.
44M short shares and huge revenue revision upward...not saying there will be a huge short covering rally....but shorts have to see a diminishing return on their position. Downside risk appears to now be gone.
I feel the same way and sold this morning at a small loss. There may be nothing to this. But when the CEO says they are going to "conduct additional levels of quality control "....well that is a concerning statement. I hoped for a big bounce. But I fear where there is smoke there is fire.
Well, WDAY raised as well. But they are also at a high valuation. That is why SPLK they pulled back today.
money, I am thinking the same. shorted WDAY AH and did nicely. SPLK set up is the same. As ,matter of fact eerily similar even year over year % growth is similar. YOY growth for WDAY was great, just like SPLK. But valuation is the reason WDAY pulled back and SPLK is set up for the same.
With a PEG over 40 and forward PE of 633....SPLK was priced for perfection.
Too rich for me at these prices!