Read his report before gifting your shares to buried shorts... $1350 coming right up friends. Tell everyone you know Mahaney (easily the best analyst on this stock over the last 3 years) just raised his PT to ours at $1500 for 2014. LOL
and do get a copy of Mark Mahaney's first call piece if you are long. Shorts don;t need information like that. LOL
read the top of the thread from january if you missed it back then... unlike the moronic shorts posting dog womp here all year, we actually know what we are talking about
All you putz shorts here need to queue up at the bus stop... the short bus parade will be arriving at 9:30 and you will all get your chance to hurl yourselves under the rear axles all day long. THUMP THUMP THUMP
Shorts will be mashed into the pavement today -- feed the crows my partner likes to quip.
awesome thinking... you must be a genius!
if my iq was down around 80, I'd join all the idiots here by shorting my gnads off.
Enjoy the RIP to $1350+ over the next couple of days. LOL
Mahaney raised his estimate to $1500 in his update piece this morning.
Calls it the singular best big cap internet stock to own this year (yes, ahead of goog, aapl, and all comers).
See you all up another $50 from the close last night... and ripping toward $1500 before the March Q ends.
Mark's first call piece and recap comments this morning are fabulous if one is long; dreadful if one is short.
He recapped most of what I wrote here after the NY close last night with the stock trading at $1270 before the call:
EU and APAC positioning and growth are superb; taking share -- doing better than even EXPE -- growing the U.S. business; kicking butt on every relevant metric; conservative guidance, and still trading at only 20x earnings with 25%+ growth coming again this year...
He calls it THE singular stock to own in the big cap internet space.
Shorts are hosed, as said during each of the last several Qs.
Mattress sales have been driving record revenue and margins for them (see last Q press release), but they warned last night and their stock is down 40% premarket. They emphasized that other product lines are going well:
“Unusually severe weather in the fourth quarter of fiscal 2014 did not prevent us from reaching our sales objectives. Since the first of the year, however, vendor supported promotion of televisions has declined compared to the holiday season and the same period a year ago. Net purchase prices for consumers increased significantly for many of our key television models and same store sales trends in electronics are below fourth-quarter fiscal 2014 levels. While our sales outlook for other product categories remains positive, we have revised our fiscal 2015 guidance to include lower expected sales rates in electronics."
Lucky for them they have the new top to bottom TPX line, because if they had only SCSS, they would be hosed even more!
Reread what i wrote yesterday you F head, and go buy another 10 shares of MGM in hopes the greater fool theory works out well for this debt-saddled, worst in group company.
And see my reply to your dog s below... you are a #$%$ dufus who must be just in from the rice paddies.
You are a f moron... go back and read my posts from yesterday to learn we have no position in mgm, the dog of the group. And if you are long here, study well who exited at year end and the ebitda generation data vs WYNN and LVS in Vegas, and EVERY OTHER COMPANY IN MACAU... then you will not be such an uninformed putz.
Repeating myself, we think yesterday's price action DID make sense and was a great chance to add while volume was printing. Even more than U.S. pmi data, China's pmi data tends toward noise and psyche damage from the recent historical events (remember how bullish it was until November when it cliff dropped) and its impact is hollow and fleeting against more substantive inputs incl commodity prices and volumes shipped. THOSE are the tells re China's economy.
If the market's reactions to pmi or even more reliable data from hour to hour or day to day, per se, were a good indicator of price direction for more than fleeting intervals, then, as you suggest, all of the HK stocks should have been hit over the last two days... that did not happen.
Again, we think Ho's commentary re the "tricky" timing of CNY celebrations this year were right on, and that there are many things to worry about for the world economy, but manipulated pmi data is not on our list when more reliable inputs suggest China is now restocking fuel, metals and food stuff and final demand is not fading.
sleep tight longs... the next few weeks should see a strong breakaway gap higher on heavy volume (again).
f head... imagine that, a complete putz calling me names? This traded as low as $1250 prior to the call then ran to $1335 before the redrop to $1270. What part of 2+2 math don;t you grip? Are you #$%$? Eat S
We added below $1180 -- delightful following the review of the solid beat across the board and Easter effect guidance. Shorts are F'd tomorrow and all year here. ROFLOL
The point is that the equipment rental business is trading at htz discounted multiple. A sale of the unit will free up capital to step up a big buyback and thus add value. As for uri, they continue to be very acquisitive and the current valuation they have makes doing deals, strategic/geographical or even small fill-ins, very economic.
HTZ mgmt is under pressure to "do something"... stay tuned.
Meanwhile, all of the car rental agencies are getting a good slug of revenue growth from the otb players ramping sales associated with solid airline, hotel and car rental activity. PCLN, EXPE, OWW and all the ancillary players are feeding all the players, starting and ending with the oligopoly players.
Again, PCLN book was up 32% YOY... smoking hot!
Out of the $2.3B of baseline guided ebitda.