Small incremental climb would likely be perceived as dead cat bounce, attracting more shorts. Stock needs a massive up-day on huge volume.
At least the euphoria has stopped, for now. That's a god sign. Management leaks have done their job then.
The move was to get out of the way, because Finnerman knows how the game is played. For those who have ears to hear.
Yeah, it's Matt's rumours against all of Wall Street's rumors. Take your pick. Just remember who is plugged into management and who is not.
Don't forget, Matt is not plugged into management like the mainline Wall St analysts are. He is not on line at the feeding trough, so he has to rely on gumshoe tactics. Usually it's better to just have straight access to the horse's mouth. It may not be fair, but that's Wall St. And btw, nobody can sue and win, because the analysts "predicted" this in plenty of time. Everyone had a chance to sell above $17, even after the analysts warned.
Yup. And I wonder how many round trip tickets are in the making. It's always the same story. The Yahoo euphoric "Vegas Party" indicator never fails. That was your red flag, and it comes for free to anyone paying attention.
Oh, sweet call Quickplat555! Apparently, stocks are only shams on the way down. Never on the way up. Ain't that the Yahoo board truth! Hahaha!
Their silence is deafening. Remember what Karen Finnerman said last week on fast money. That management tipped off the analysts to reign in the stock price because it had gotten ahead of itself. They had tried to temper the excitement with insider selling, but that didn't work, so they leaked it. It happens. Seen it happen before with other stocks. Will always happen in future. Finnerman is no dummy. Telling it like it is. Don't shoot the messenger.
You just proved my point. This whole thread is about wild party talk and easy future riches. That means everybody is euphoric. Stocks don't go higher on euphoria. The Vegas Party indicator is a contrarian indicator with 100% accuracy. In over 12 years, I have never seen it fail. It's one of the few things that Yahoo message boards are good for. To gauge sentiment. And you guys just pegged the needle in the Euphoria zone. Nice job.
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.
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.
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.
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.
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?
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.
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.