Amba down 10%. Beat and gave good guidance but PE is over 20 going forward. SWKS PE is only 12 going forward but no one cares. Pe's will go to 3-4 on most stocks
Agree. AMBA could have earned $12/share and the selloff would occur. At almost 90c per quarter they are on track for near $4 on the year with 50% plus growth yet can't even manage a 20 pe
You just don't want to face reality. Sentiment is so negative in the market it will overshoot to the downside by orders of magnitude.
then estimates and yet stock will drop to $70 tomorrow
No I am not an old lady. I think we will hit $20 per share as market is completely irrational. Remember in 2009 AMEX hit $9 per share
Agree. I think SWKS could get a $140 buyout and still drop to $50 per share. Complete panic. VXX is off the charts. Hasn't been this high since 2008
Agreed. They cpuld announce that they are being aquired for $125/share and trade down yo $70
I like your posts. The end of the world is here. Smartphones will never sell again. There is no such thing as the IoT.