This is very positive news. Stock should be above $.30 right now. And then when TekFit sales numbers are confirmed, stock could hit $1.00 or more by mid 2015. This is the news we have been waiting for for years. It will be interesting to see how long it takes for the street to pick up on it. Those who have been following this stock for years get the early worm and know what this means.
The risk of I/E bank closure is mostly priced in now. Nearly $10 billion already taken off the market cap due assumption that I/E bank will be shut down. Very little downside left. Plenty of upside. Especially since most of Congress wants to re-authortize I/E bank. Tea party holdouts will be overun by lobbyists with wads of corporate cash in hand. Bank on that.
Sentiment: Strong Buy
All these so-called victims deserved what happened to them if they never learned how to operate a motor vehicle safely in the first place. You know, before fuel injection was invented, cars would stall all the time on the road. Nobody was suing automakers for billions of dollars because their cars stalled. That's why the Cobalt ignition was never recalled. Stalling had always been an inconvenience issue. Now it has become a safety issue because Americans have become so pampered and dumbed down that they don't even have the basic knowledge of how to restart a stalled motor. This reminds me of that McDonald's lawsuit, where the woman sued for millions of dollars because her coffee was too hot. Give me a break. If you don't know how to use a product safely, then don't use it at all. Here's a clue: If your car stalls while driving, put the gear in neutral and start the engine. Takes 3 seconds. Duh......
GM should not be responsible for driver incompetence and/or illegal behaviour. If drivers can't maintain control of their vehicle while DWI, that is entirely their fault. Funny how 99.9% of Cobalt owners have no problem operating their vehicle safely, and most don't even bother wasting their time getting the ignition switch replaced. Maybe it's because they aren't drunk and speeding half the time?
I happened to buy some Jan '15 $10 calls today. If I still like the story come November, I will roll it into Jan '16. I never buy "out of the money" calls. The time premium kills you and it's too easy to get shaken out (unless you have inside information about pending news).
It was posted today on Yahoo news and then deleted tonight. Wonder why?
"...Analysts know nothing. They have now way of really knowing what ships."
Matt Margolis is an analyst. Does that mean he knows nothing too?
This is how round trips start. Arrogance is phase one.
Let Wile E. Coyote catch it.
GTAT and HIMX. Both stocks have two things in common: Cramer said buy into peak of speculation. And PTT analysts promoted both stocks based on "secret supplier information". I'm beginning to see a pattern here. My guess is both stocks will suffer same fate. Which means another round trip in the making. Good luck. So glad I didn't buy a subscription to Forensics this weekend. Was thinking about it. But now I can just sit back and watch. Wait and see if this POS ever makes another 52-week high. But I doubt it. I think the cat is out of the bag -- just like HIMX. You have to be early to buy the speculation and sell the bubble. Otherwise you get a round trip ticket.
After being DP'ed by UBS and Canacord with no lube, it will take some time to recover in the hospital. All the longs should treat themselves this week to a 55 gallon drum of KY and a bottle of Crown Royal.
Two analyst downgrades at exactly the same time is suspicious. She thinks managment tipped off certain analysts in order to reduce the heated street expectations (which means the numbers won't be great when they report).
Now the only question is why didn't management tip off PTT Research as well? Hahaha! Oh well. Good to know who is really plugged in here.
Stocks generally don't crash 15% on a hold recommendation w/ a maintain PT. I think the street is reading between the lines, and interpretting the same way Karen Finnerman is. The street sees this as a tip that was generated from the horse's mouth. That's why the big crash today, I think.
Wasn't being sarcastic. If the Saphire is currently a low-volume premium option test, that would explain the low demand from Apple this quarter, and thus the downgrades. Yes?
Feel sorry for anyone who bought based on a YouTube video. This seems like another Himax P&D job. Round trip started just when all the good news was finally released. Google glass/Saphire Glass. These PTT snake oil merchants will latch on to anything new and shiny and take it for a ride all the way back to 1st Street.
Calling for a Vegas Party is a sure sign of a top. Seen it all the time. Many times in fact. Always on the Yahoo board of some high flying stock. Some jerk calls for a party, and everybody else says they're buying the beer, shots, etc... The top is in boys. Thanks a lot, moosh. Retail is all in when the party invitations go out. You saved me a bundle.
That's the problem, sir. Most people on this board are still greedy because their guru has a $86.49 price target on the stock. Or something like that.
Hi TDM, how's it going? I hope you got in this stock when it was in single digits. If so, that was an excellent trade. All we know is Apple spent $600 million to lock up all/most of the supply of Saphire out there. Get it off the market. So others can't use it. This gives them time to research and determine whether they want to utilize Saphire in more products or just keep it locked up in perpetuity. It's a common strategy that buys time. EGMI got burned same way. Scientific Games took a big stake in their technology and then kept it locked up. It put EGMI out of business. I'm not saying that's what's going to happen, but that's why the market is fearful. And it takes more than a stolen iPhone screen on Youtube to decipher Apple's ultimate strategy.