MS is a con artist who manipulates the system in an unethical - but perhaps legal - manner. Personally, I bet he is selling off shares hand over fist on the upticks to lock in a huge profit. He stands to walk away with maybe 50+ million on a
Sentiment: Strong Sell
Maybe SWKS should just walk away.... they stand to get 88.5 million break-up fee if the MicroSemi deal wins out... or they have to pony up another 40 million to raise their offer to compete for PMCS deal. Starts to get pricey. 88.5 million is a nice consolation prize.
GoPro is a $19 stock today and perhaps going much lower. The shares have dropped 6+ percent today courtesy of Piper Jaffray lowering their price target for the stock to $15. Of course, this is the same Piper Jaffray that one year ago was pumping this stock to the moon (September 29, 2014 10:58 AM. Piper Jaffray maintained an Overweight rating on GoPro (NASDAQ: GPRO) and raised its price target to $90.00 (from $60.00).) I don't think that a lot has changed in the GoPro story. They are still growing, though not as fast... though their earlier rate of growth was unsustainable. The problem is that analysts and investment advisors are not held to any professional criteria. They have no fiduciary obligation to clients, or those who read their reports in publications. Just look at the financial collapse of 2008-9. No one was held accountable for the excessive risks and countless frauds which were perpetrated. The markets today are driven by analysts, traders, and machines, making valuations increasingly suspect. Still with interest rates historically low, the stock market is really the only game in town... be careful, and good luck to all.
For the record, I bought SKUL at $13 years ago, and sold when it rallied into the 9s last year. I still follow it, but have not bought back in. The problem is that MOST of their products are in a market segment that is largely commoditized. SKUL is not the strongest brand, does not have a lot of market share, and does not appear to have the resources to compete on technology. I like the domestic/Utah story, and the management "connection" to Nike, but I also have (anecdotally) seen their brand lose appeal for young people, and seen them disappear from/or get reduced skus from stores in my local market/Atlanta. So to me, this is still a high risk stock... good potential upside, but downside to zero. Their sales have still not recovered to the levels where they were several years ago. The business appears to have stabilized, but growth is hard to come by, and they have no moat around their business that I can see. Still I'd love to see them succeed... you just have to do your due diligence and take the cheer leading of the bulls on this board with a grain of salt. Nothing wrong with rooting for the home team, but it doesn't mean they are going to win. Good luck to all.
Took NUAN's surge over $20 as an opportunity to get out. I love the technology, but don't like the management, and have been disappointed too many times. In fairness, my selling is probably a buy signal, but I feel my money is better off deployed elsewhere after years of underperformance. Don't understand why another company would buy out NUAN now, when they could have had it a lot cheaper over the past couple of years. I'll keep watching and maybe get back in if it pulls back. Would love to hear thoughts on why prospects have materially changed, especially as competition in the speech recognition area seems to be growing. Good luck to all.
Sorry to hear about your purchase as you are now down 10% intraday. Not sure how you can trust anything this co. says. After last round of financing a couple months back, they claimed they had funding to launch Maestro. Clearly they did not. With dilution my thousands of shares are pretty much worthless. Personally, with this latest deal, I expect all common shareholders will be taken out before (and if) this ever recovers. The 25 million in note holders are essentially going to own the company. Next step is bankruptcy, and issue new shares to debt holders who will own this company outright. I could be wrong, but have totally lost faith as management was either incompetent or corrupt (lets hope it was the former). While I may hold my "options" on ETRM, I would highly discourage anyone from investing in this company without a LOT of due diligence. Even with the success of Maestro, I am not sure common shares can ever recover any value. I am a long time shareholder, and I know I will be criticized for this post, but I want to warn potential new investors of the extreme level of risk of investing in ETRM common shares. GLTA.
You kidding? VRX looks like a home run next to ETRM. With dilution my thousands of shares are pretty much worthless. Personally, with this latest deal, I expect all common shareholders will be taken out before (and if) this ever recovers. The 25 million in note holders is essentially going to own the company. Next step is bankruptcy, and issue new shares to debt holders who will own this company. And at least VRX is a real company... heck maybe I'll swap my ETRM for VRX... I can get i share of VRX for each of my 400+ shares of ETRM
Agreed... I don't think this is BOX, but do you not feel the valuation is a good bit high? Currently trades at 9+ x sales and 20+ times book, which are 5-10x the industry average for storage.
Pure Storage Inc 3,274 -200 9.4 21.0 — — — -143.1 — —
EMC Corp (USD) 50,466 2,473 2.1 2.5 21.3 1.8 — 17.2 26.6 0.3
SanDisk Corp (USD) 15,741 584 2.9 2.8 30.1 1.6 13.2 25.3 12.9 0.2
Western Digital Corp (USD) 15,395 1,465 1.1 1.7 10.8 2.8 8.1 11.4 33.2 0.2
Seagate Technology PLC (USD) 11,495 1,742 0.9 3.8 7.2 5.7 3.8 14.8 10.5 1.4
NetApp Inc (USD) 10,026 441 1.8 3.3 24.2 2.0 7.1 11.7 18.0 0.5
Brocade Communications Systems Inc (USD) 4,320 339 2.0 1.7 13.4 1.5 1.6 13.1 10.6 0.3
Teradata Corp (USD) 3,980 -31 1.6 3.4 — — — 19.8 — 0.5
Nimble Storage Inc (USD) 1,796 -112 6.1 10.8 — — — -46.9 — —
QLogic Corp (USD) 1,039 38 2.2 1.4 28.6 — — 11.2 — —
Thin Film Electronics ASA (USD) 280 -23 167.2 6.6 — — — -1561.0 -4328.8 —
Thin Film Electronics ASA (USD) 252 -23 150.1 5.9 — — — -1561.0 -4328.8 —
Quantum Corp (USD) 219 10 0.4 — 21.3 — — -0.7 2.8 —
Datalink Corp (USD) 170 7 0.2 1.0 20.6 — — 2.9 311.3 0.0
Violin Memory Inc (USD) 156 -121 2.2 — — — — -131.9 -32.9 —
Imation Corp (USD) 84 -107 0.1 0.4 — — — -4.8 -41.0 —
Yes... lots of problems with Yahoo!Finance and no one at Yahoo! to communicate with... As a Yahoo! shareholder, I am really put off by how inaccessible the company is. No wonder they can't grow users.
Good company, just to rich in terms of multiples relative to growth. This is a typical IPO small play. The insiders make a fortune, folks who get in and out on the offering do well, and the retail investor who buys in the aftermarket generally gets crushed... or has to wait a long time for the company to grow into its valuation. 10-12 seems like a fair price for this stock and where I would consider buying. But I am a value investor... and there is no value here, just "Pure speculation."
Since you are asking, the issue is valuation and chips are getting crushed. I have been crushed in Skyworks, Invensense and others. Ambarella is still expensive compared to their peers and with GoPro growth decelerating, AMBA is in a downtrend. The stock should have a floor in the mid 30s with a p/e in the 10-15 range. Not many chip stocks are getting premiums these days. Not saying it is going that low, just that it wouldn't surprise me. Look at SWKS growth and numbers... they are in the same boat.
The "savings" is .25 cents per share (will take me 13-14 years to recoup taxes assuming 10% per year profit growth). Don't know whether they still owe the taxes on the 75 billion, and when laws change, companies that did this will likely be targeted with penalties -- at least that is Trump's plan.
Okay, say you are a long term shareholder of PFE with a basis of $15 dollars per share. The tax inversion is equivalent to selling your old shares incurring a $20 capital gain. Then buying new shares at $35. Your $20 gain incurs long term cap gains @ 20% + state tax 6% in georgia + $1 drop in share price over this deal equals 5% of cap gain, including $5.20 per share that you will have to pay the IRS
Terrible Deal for PFE shareholders. I own both, but AGN is speculative and risky. Deal will hand all long term PFE shareholders enormous capital gains bills, and the stock is skidding 3% on the news. Deal will wipe out 25-30%+ of shareholders gains, while making the stock more volatile. BAD DEAL!!!!
I'm long... but you were wrong. We went down! What is the point of speculating on intraday movement. Personally I think it undermines confidence. Lay out the reasons you believe TWTR is undervalued and you bring in new buyers. JMHO
This deal may result in 30 BILLION+/- in capital gains taxes to shareholders. If PFE and AGN are like other companies, they will pay their management and directors taxes for them. They say this is so they won't be influenced by their own finances in making a decision. But if as shareholders they don't think it is good for them, why is it good for us. On the other hand, if you pay their taxes on the transaction, that raises their basis and means they will never pay capital gains. You have influenced their decision by, in essence, giving them a huge bonus to approve the deal. And we as shareholders lose twice, as corporate dollars are paying these taxes. We give them a big bonus to not act in a long-term shareholders best interest. Brilliant!!!