Revenue forecast for next qtr either missed or is even, depending on your take. However, it doesn't matter. RKUS trades at a lofty price for its PE, and future growth does not support the current stock price. I doubt this will drop to $10, but that wouldn't even bring this in line with a decent PE.
Not sure why there is excitement here. Shorted AH. Not a compelling story. Forecast is disappointing and provides no reason for RKUS to support its high PE.
Not a bad year, up to now. But its high valuation will come to roost tomorrow after earning do not show much expected improvement. Under $30 for sure tomorrow.
Sentiment: Strong Sell
Yes it is a joke. But it had the effect that the author wanted. It went from +12 to -9. I used the drop as a buying opportunity.
Maybe. But I wouldn't be surprised if it took until Monday or later next week. MW and NQ both provided a lot of info/data for NYSE to sift through.
wouldn't suprised if it doesn;t trade today. Has nothing to do with good or bad. A lot to sift through
Agreed. Muddy Water is truly a good name for them because that is what they do. Some are asking for a response from NQ. That is because they are trying to cause panic. MW just hit NQ and dumped it so quickly that no one has a chance to respond yet.
11.2 B $ backlog and a forward PE of under 12??? A buying opportunity like this doesn't always present itself so obviously. It seems to me that one or two large firms unwound their positions, which is the only logical reasoning for the temporary slaughter.
"in with both hands and feet"
Sentiment: Strong Buy