Always a "one time non-reoccurring" charge. What a scammer, shareholders have financed his lavished lifestyle while he delivered a loser company with losers all the way down the structure who steal and run the company for personal gains. How much debt do they have again? 6Billion, 109million free cash flow. Pathetic thieves.
Megaphone top pattern, took place when it broke 56. $42 is more likely now. Looking at the market sell off, I wouldn't be surprised if it gets there by the end of this week.
Tomorrow will be ugly without a doubt. Every institution that holds apple will sell like mad. I won't be surprised if this is down 10% tomorrow. Asia crashing was the last sustained growth area for apple. Bye Bye
Just like GM had too many issues in 2009 amidst a slowing global demand, they took the bankruptcy route to "restructure". I see many similarities and issues with ATI that will end in the same result if the global economy continues to slide into next year.
AMBA, GPRO valuation based on forward guidance had floated up way into the atmosphere on a Cramer pump and dump. Cramer was saying buy into GPRO's secondary at $75!!! and AMBA was a buy at $110 I have said it over and over and put my money where my common sense is(short over 50PE), all these Tech one hit wonders IPO'd at the peak or near the peak of there business.