Most people in animal related professions are warm, caring people--not negative shorts who resort to calling people names. It is easy to say one is in an industry to borrow some fake credibility, but I sincerely doubt his story.
Be sure to tell us when you short and at what price. Even if it goes to $32, you still lose on your short, but BAC has a $44 target. You are out of step with your target and late to the party.
Hint for the future: Best way to look like an idiot is to pontificate with certainty about a stock's future, while insulting those with opposite positions. Congrats on following the formula perfectly. It happens over and over on these boards. No one really knows what the long term future holds, but for now longs are making money.
Yes. I thought about buying puts before earnings, but then thought, "No, surely not". Wrong.
Stock down $5-$6 already.
Sold my BABA for a nice gain before earnings (mistake) and now for some reason am holding this unpredictable stock through earnings. I just can't imagine any big disappointment given the increasing security breeches on a frequent basis, and expect good guidance given this climate. Good luck all.
You were right to be cautious. Why I sold yesterday. I have seen too many stocks with great earnings get hammered immediately after earnings release. I doubt this pullback is more than a couple bucks or so, and think the case for long term ownership looks very good. The one concern is the overall market. If it has a significant pullback, few stocks will be immune. If we see mid $90's, I'm buying back in.
Earnings were not really good enough to explain IMO, unless buyers think we have finally turned a corner.
Uncle Billy may or may not be right. But I do think if there is a big jump immediately after earnings, it is probably a good time to sell. I made a quick 12% and decided to take profits. Given the lofty market cap, it is hard to see huge upside short term, but I hope I'm wrong. Best of luck to longs who are riding through earnings.
They think earnings will disappoint. Given the past cautious guidance and accelerating need for internet security since our last earnings call, I doubt we will disappoint. But I don't like the new headline about calls stacking up like kindling. Usually the big players are sellers of calls, and I am sure we have all seen stocks be manipulated to render calls worthless. I think those who bought calls further out probably made a wise decision. Of course, kindling can burn up very quickly OR it can be used to start a fire. I'm hoping for the latter.
Go back to school for a math refresher. Look at the price for MBLY and what you are claiming. No one ever takes any action based on these recs, so save yourself some time and effort.
I'm a little worried, but one important difference between FEYE and the companies you mention (FB, GILD) is that they were near their 52 week highs at earnings, so a selloff is not a shock. FEYE on the other hand has been slaughtered this year, so most of the risk of owning the stock has hopefully already been absorbed. With the tremendous number of major companies being hacked it seems likely there is plenty of business to go around, regardless of competition. FEYE seems to be in the middle of the security efforts to protect networks, so being long seems reasonable risk at this point. That being said, I'm still concerned.
No one with power cares about naked shorting. The SEC always looks the other way, even though potentially good companies can be driven out of business by this practice.
That's a stretch. If we get a pullback, you might consider $32. I doubt you will see $30 with earnings coming. And it won't take much in the way of improved guidance to move the stock much higher.
Wrong. Volume is about 50% higher than average and could get stronger near the close. Smart shorts closed positions and are now riding the long move.
Looks like FEYE is at the forefront of things. Wonder what that means about the future stock price?