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.
Revenue expectations were 383M RHT pulled in 397M. Ok that is good. But I still don't understand why people are paying 50+/share for a stock with a forward PE over 30 and a PEG over 2.00.
RHT is full valued, but people keep pushing the stock price higher.
I don't know...they're forward PE and PEG are still very high compared with their peers. If they meet expectations or beat slightly, I would think this may get crushed. But who knows. No position held.
It is hard to get a good reading on JBL with the earnings/revenues mixed in with the divestiture. I will be interested in what analysts say tomorrow.
My gut tells me he AH reaction is just that a reaction and not taking into consideration the divestiture. I think this is a good entry point based on the over reaction.
Big news indeed. Surprising that higher volume sent stock higher instead of lower. I wonder how far it will fall in AH and tomorrow morning. No position held.
You are correct. The tape is stronger than the fundamentals. Doesn't make technical sense that it should green today. But the tape says otherwise.
If "cloud" is so good, why are FY14 revenues and earnings a big miss? Cloud is just a buzz word to move the stock price. Reality will set in tomorrow morning on this over priced stock.
Earnings were modest, which is not good enough to support lofty valuation. PE is over 60 and PEG a whopping 3.5.
Somewhere in earnings they mentioned "cloud". That sent ADBE up and into great shorting range.
I agree. though there is a temporary pop in pre-market from lows as some analysts are trying to defend their previous positions. How often do we see "should be bought on weakness" by analysts after an earnings miss. Such manipulation
Many stops were hit forcing more selling on the way down. I agree that it is an over reaction. But I think that much of the reaction is technical as result of forced selling once stops were hit on a low float stock.
Seems like a fix in the components would help. Bounced off 2 year lows. Kinda crazy reaction, but with a low float stock this is what you get. Goes both ways.
Once Shorts decide the low point is near, they will start covering. The Low may be in now, around 51. If that holds, then expect short covering rally today and Monday.