He gave me a blumpkin in the bathroom on his lunch break. I told him I was a Mesa source and he dropped to his knees.
Sentiment: Strong Sell
I think there are 4 individual sapphire wrist sensors on the back of each watch. So, a total of 5 pieces of sapphire on each watch (including front display). That could add up faster than people think. (Maybe).
I am waiting for Apple to confirm that they are using sapphire in at least one or all iPhone models, and then I will buy this stock at $14. I don't know why people would buy this stock above $17 without knowledge of sapphire status, when they can just wait until 9/9 and buy at a lower price with the confidence of knowing the actual sapphire status on new iPhone. There appears to be a lot of ding dongs on this board who don't know that the market always give you a final chance to buy into stocks with "free" information in hand. Watch and learn how it's done. See you on 9/9 with $14 bid. Have your sapphire ready.
You do the math.
Sentiment: Strong Sell
No, I didn't say that. This stock will lose $1 per day leading up to 9/9. That will mark the bottom. The short hedge funds cover and go long on 9/9.
Now you know why. BK filed today. I tried to warn you.
With the stock trading at 52-week lows while the market makes 52-week highs, investors are feeling slighted in 2014. Meanwhile, management keeps awarding themselves massive stock options and bonus incentives based on so-called "performance metrics". I'd like to know what those metrics are. They need to raise the bar, because investors are taking a bath while management gets paid $$$. They better control their greed, or they risk losing their investor base, which is already pretty thin as it is.
Good analysis of what actually happened here last week. The Gomes pump phase is over, so be careful. He told his subscribers that he's making the pick public. This created a buying frenzy. Notice the fundamentals haven't changed. Nothing of importance has changed. Just that the stock is up 50% on hype. This management team is the worst I've ever seen - even for a penny stock! They have absolutely no credibility. Nothing but empty promises and lies over the last 10 years. Why is it different this time? Gomes bases his analysis and price targets on management's guidance. That is ridiculous. I don't know why or how he can place any confidence in what management predicts for the future. Their track record has been horendous. Good luck.
Or is he still in denial? He's had a full day to recover from the "deer in headlights" effect. If he doesn't issue a Mia Culpa, he really is a slime. For pounding the table so hard, and being so ridiculously confident about sapphire when the whole analyst world was putting the brakes on. You have to wonder if he learned anything from this whole debacle, or if he's really just another smug analyst like all the rest.
I win the bet. And congrats to all who listened to me, and waited for Apple event to buy low, with news in hand.
Double loser. Double fail. And people are still listening to this jerk? He's a know-nothing trying to pawn himself off as an expert. The world would be better off without hucksters like him and Madoff.
Sentiment: Strong Sell
And that's a fact. People paid thousands of dollars for his service. Not one single triple in a year! (unlike his previous two years which saw multiple triples and made him famous). But instead, plenty of loser picks this year. He picked DLIA at $1.16 when everybody KNEW it was a dog stock. It tanked in one month, and it's now trading around $0.20. How come he picked such an obvious pig? And AERO, another loser pig. Everyone has lost on that stock. MATR is only up to break-even point because of recent PTT public pump, which will fade soon. He's releasing a "new" pick to the public today on SA, which has been a total loser for his subscribers. But the pump will get them out at break even. Even GLUU was destined for failure, trading at $3.00 until Kim Kardashian game created a short-lived momentum pop. That stock has flat-lined at $5 and change, and will be dead money for years (barring a miracle). There are NO triples for Gomes on the horizon. His mojo is gone. He's just an average stock picker now.
Yup. I can promise you there is strong support at 10 dollars and 34 cents below the current price. It won't go lower than that. You have my word.
Well, someone has to keep score. And it's obviously not you. The fact is, Gomes' talent for picking winners has declined since he started charging money for his picks. If he intends to charge people a whole lot of money for his picks, his performance should have improved or at least kept pace with his previous years' free-pick performance. If you're happy with the underperformance for a premium price, that's your business. I don't know why you would be. But I'm sure most people would agree with me if they knew the facts. Just setting the record straight. That's all.
If he waits any longer, he'll need a whole case of economy size trash bags from Costco.
CNBC is sweeping it under the rug because it reflects poorly on the stock market in general. It erodes faith in the market. And they are in the business of propping up faith in the market. Going from $10 to BK in a single day will raise too many eyebrows.