You are a screamer. JUst hold onto your uvxy shares you will be screaming all the way down. Not to say the market isn't fickel but if you look at your graphs closer you will notice that your timing is off. Not that I believe in using normal stock tracking practices for uvxy. Everyone's opinion is a guess but your definetly an anomaly using a statisical term way. good luck to you anyway.
Two comments. One, your comment on 256 gb for PC's , I looked at Sunday's paper and many PC's being offered are in the 1 terabyte capacity. It's crazy why would anyone need that much capacity. Maybe tons of pictures or movies. Anyway PC business is only a fraction of Seagate's business. The biggest part of the business is Enterprise. That is a huge market getting bigger . I know Seagate is pursuing solid state drives also but not certain where that is presently. The over hype of pc business going away is well overplayed. the big boys want to drop STX and WDC down as much as possible before this qtr's output that we are presently in is understood. Every year like clockwork they do the gloom and doom in the summer followed by Fall where STX and WDC can do no wrong. Yes history does repeat itself. By the way there are still dinosaurs being used like tape reel storage. Some businesses don't like to change quickly such as the oil business and gov't. Good luck and it will be fun how this plays out in Aug/Sept.
Who cares looking out that far. I've been in storage for longer than I care to remember and can quote various times where people have painted the end of disc drives. It's still way out there. As long as Moore's law with increase needs for memory exists and drives being cheaper STX and WDC will continue to look like a good business. This market is fickel and it still has sesonality even if they say it doesn't exist. You will get better guidance at the end of the month depending on the dividend and the stock repurchase program will give you a better short term outlook. If you believe it will look bad stay out until that announcement if you think it will look good buy in now. It really is that simple.
Why. You will be able to buy much lower if that is your intent or you can make some quick money on the short side. This group of people that are stating the market is overbought where is the evidence. Look at the market closely and you will find a different story. The only thing that people are grasping is Greece and china along with a small rate increase on the horizon. It will some time for these items to sort out and don't underestimate the china gov't in terms of a soft landing.
If you invest in uvxy you need to be an expert yourself or you shouldn't be playing. Read the tea leaves. I'll give you one hint, how easy is it to get short shares for UVXY and has it changed recently.
Consider it a gift. I see two possible causes. ONe, because SNDK exceeded expectations some investors with their limited knowledge think they took away business from STX and wDC. Two, they appointed a pres. of cloud and enterprise announcement. I doubt the appointment being a cause other than they have too many presidents. Getting back to item one I believe may be a gift and if your light on STX you can get more cheap shares. ONce STX announces their qtrly report investors we will find out how strong business is via the dividend and stock buyback.
Disagree with your assumption but STX will continue to be strong. First they were late for a preannouncement by 1-2 weeks and got punished for that. Also they are waiting until the end of July to report earnings, again late. Hoping they are taking more time to make it more attractive in terms of dividends and stock repurchase. Stx is definitely oversold. People are overstating the PC decline. STX has other businesses and the PC business is not going away. Don't know about you but I need a PC when investing so I can have a large screen with multiple windows open. The small tablets or mobile devices just don't cut it when your doing investment business or other type of business activity. STX stock price will improve during this quarter. Go STX longs.
Once we get close to any ipo will give SVVC the necessary coverage to move this much higher. The one that really will make it skyrocket is the medical device company. Hedge funds will move in before going ipo,
Need to put this in perspective. PANW just made up the gap between FEYE and PANW. If the pattern repeats FEYE will now accelerate more than PANW creating a 10%+ gap and then PANW makes it up again.
With the vix below 12 yet the options of stocks seem to either be overpriced or the vix is understated. Now how that will translate to UVXy will be interesting. Anytime the vix goes into the 11 range my caution flags come up. Usually I lighten up my short position but lately its very difficult to get short shares.
I don't know you but you must be confused. If you question this article that's fine. Just tryiing to keep the board updated. You can go to google finance / feye and I believe it was around the letter w in the articles.
It was on google finance as one of the news listing. An intern that was caught . Was behind some melware sells. Some complex security breaches etc. The only comment from Feye was that it was under investigation. It was one of those articles from silicone valley.
STX needs to close the helium filled drive gap first. That has many positives that you need to keep the majority of enterprise business. The other technology breakthru's will continue for both WDC and STX. By the way if you are referring to hammer, that has been in the works for a very long time.
Wrong. Your thanking him for going from 65 to 45. Or are you thanking him for putting a warning on quarters miss 1-2 weeks late but tell his cronies ahead of time. He can go back surfing or be part of a band where he spends most of his time.
They said cash still looks good. So they have money for keeping the dividend and stock repurchase program. Depends what they think 1st qtr forecast looks like. The one thing that will be a negative is why STX waited until now to give the warning. This should have been out 1-2 weeks earlier. That will give them a blackeye for the way they handled it.
Where did you see the eps is the same. I did see that their cash position estimate still looks good. If that is the case then dividends and stock repurchase would still look good.