Take your money shorts. This is the moment.
This company always seems to guide the next quarter revenue range conservatively.
This time was no different.
The midpoint of the next QTR of MANY analysts was $92.XX Million. They guide 90 - 93M and the stock tumbles.
Consider this a gift. Take it and run.
at the numbers from Yahoo Finance Key Statistics that point to a SHORT SQUEEZE
The shorts can't manipulate if you don't let them.
Shares Short (as of Aug 14, 2015)3: 7.72M
Short % of Float (as of Aug 14, 2015)3: 33.94%
IMO, You provided the catalyst to this share price crash at your last earnings conference call ( precise Forward Guidance for the next QTR to the lower side of the consensus)
Now it is time for you to provide an upside catalyst to share price recovery and to maximizing shareholder value.
I wish you the best and I am with you in spirit with your next strategic moves. I will revisit this post November 30th.
Love the timing. I'd rather compensate my management at a starting value of ~ $54 / share rather than~ $127. SO happy they are not under water right now. They are aligned with the shareholders and have incentive to maximize share value.
I just put in a GTC sell order for $107 / share of AMBA. ( a little less than double the current price)
Brokerage firm can't loan them if I'm going to sell them.
Further, if brokerage already loaned my shares, they then need to call them back from the shorts.
Make them cover.
What if all the longs did the same?
what percent of float is short at the next posting at end of NOV.
Seems to me like the shorts are making one last stab to decrease share price today.
Does anybody know where to see live short trades?
Eventually they will need to cover. I guess just not today.