True, but when light bulbs become commodity priced again, margins will matter even if revenue does increase. At the current PE, CREE needs both revenue and margin increases above what they just announced
Fundamentals eventually matter. Grossly over priced. Ok, grossly is an exaggeration. But with 2014 estimates being good not great, this is over priced.
What is going to happen when competition drives the price of 60W LEDs to $6? Margin will collapse.
Baird keeps outperform rating, looking for improved Q1. Way over done.
"RW Baird analyst Colin Sebastian expects shares of GameStop to remain under pressure through March after the company lowered its full-year earnings targets on lower software sales. The firm cut its price target for shares to $55 from $57, but keeps an Outperform rating on GameStop on expectations the company's momentum will improve after Q1."
Sentiment: Strong Buy
Guidance on revenue was slighly off. Guidance on income was a off more. But still, they aren't forecasting a loss. They are making money and the PE is pretty damn low for a company in their industry . PEG is what is telling me this is a buy.
Quite a slam for a small miss. It may have been a little over priced. But it is still making money, not eating it.
Current PE and PEG (11.8 and .72) are very low. Risk / reward at $39 heavily favors reward.
Not many shorts here previously. There were only 500-600k shares short prior to this morning. They covered at 9:31. Everything else since is MM, speculation and gambling.
It could. But this is not trading on fundementals. Strictly day traders and MMs. So it is hard to tell at this point where it will end up today. I am sure many early "traders" are watching 10-15 minute trends. I don't have time for that, nor am I smart enough to understand how to use short term information.
Ok, I understand (kinda) the jump pre-market. But to jump and additional 40-50%???
Oh I get it....this is nothing but a traders stock right now. Only 10.6 inthe float right now.
Not sure if the numbers are enough to keep WDFC going. They have had a good year until now, but their PEG was pretty high.
Why get out of this fast? So you can cover your short at a better price? GNI has until next year to trade. Do you think it will go to zero all at once? No, it will be a trading stock for quite sometime with wild swings.
It may zero in 2015, but until then it will be a traders stock. It will fall and bounce, especially in the next couple of days, before it evenutually fades next year
SCSS rarely meets earnings expectations and always gets whacked badly when earnings come out. Maybe this is a case of people having higher expecations than they should.
However, with the current "whacking" their PE and forward PE inidcate a very appealing entry point. 14..88 and 12.43 for PEs is very low. Its PEG of .91 is also appealing.
This is company that isn't going out of business. They just fail to meet unrealistic expectations.
Under $20, I think this is a strong buy.
Sentiment: Strong Buy
I am thinking the same thing. That is why I will hold my short position through the weekend.
They had to start lining up financing prior to the acquisition. A secondary prior to Monday morning would not surprise me.
1) Wait until trading volume is low (i.e. holidays)
2) Pick a stock with a small float
3) Start rumour in morning, sell short, trade out by end of day
4) Send your minions to message boards to trash stock and perpetuate rumour
It is Citron afterall, this is what they are good at.
You are not worried about the high PE and PEG? I feel I am the only one who thinks that's an issue (obviously I am alone because people keep buying it AH).
Well I got burned shorting before the close, and I still don't get why RHT is up, given its high valuation. Don't fight the tape is the answer, I guess.