Good that you have been able to time the purchase and sales along this winding road to what it seems a blurry horizon and mirages along the way. If you have any long position left, you may have something to wish for by still holding on if your cost basis is near zero. But you are also risking your profits. You've been here too long. Its time you let this one go and look for a new stock. If they don't guide higher for the 3rd quarter, it is over for this POS.
Tuttiperuno can buy your shares and hold the bag while you invest in a real company.
Wait for the crash coming though before you deep dive into any stock. There are big risks right now with China and the US. There are a lot of diversions out in the news right now. Oh happy days!!! IPOs a plenty!!! You should have a sense of what I am talking about if you listen to any of the doomsdayers out there. Once the news starts to get a hold of it, this market will tank and people won't be talking about Dow 20,000 but how to reach the exits.
Really? Diversion Tactic- A maneuver that draws the attention of an opponent away from a planned point of action, especially as part of military strategy. In this case war among OEMs. Reference to Cat out of the bag is just that that Samsung is good news, but nobody believes it. Just look at the stock price. This darn inventory issue comes up all the time over many years and then you look into subsequent quarters, and it never corrects itself. There are other things happening that they don't talk about. Based on the revenue opportunity at Samsung, and the recent quarter, it seems as though the devices are built but not selling, thus putting QUIK and shareholders on the shelf for another quarter to wait. Also, all other devices Samsung makes are flying off the shelfs but why not QUIKs? Its not an inventory issue, it is a product slot issue. Why is that happening? Put the numbers around your head to see how many units Samsung would have built and wonder why that tiny percentage of devices from Samsung are not bought up and new orders for QUIKs parts increasing quarter over quarter. Lumpiness in revenues is true which I referred to while this stock was in the fives and my post on "Entry Points", but the reason why is probably something you don't want to hear or believe.
Now you must think deeply on this. Is Samsung using QUIK as a diversion tactic? Haa! A few deals with Samsung, guidance stinks and the stock is doing this. Cat is out of the bag that Samsung is using them, but its their only tier one customer. Why the limited use in products? Why no excitement in the stock price? Does history tell us the future? Why isn't product delivery quick?
Sorry gang, but the the nostalgia
Wahee hee. The problem is analogous to changing from Apple to Windows. Once you've established your LIFE on Facebook, who is going to tell all their friends to join them on Twitter when every things is cool and nice already. This company is blending in with all the other vultures to get users and they are outside the circle of dead prey that everyone is feeding on. Twitter is a starving anorexic. It likes to starve and be little. Sorry for the anorexic comment because that is very bad disease but please it is only an analogy.
That's what retail and every other dumb Fk was thinking . But now we may have a correction in all social networking stocks. Advertisers are said to be pulling out and saving their money for other channels.
Remember this? two thumbs down for me saying lumpy revenues? You'll see more downward pressure until they can promise sequential growth rather than a few singles.
Arora is bullish, arguing that mobile ad pricing will eventually surpass that of the desktop: "In the medium- to long-term, mobile pricing has to be better than desktop pricing," Arora said during the call, referring to mobile-unique tools, such as more accurate targeting of ads based on a user's location, thanks to GPS technology.
That is what is being said.
50,000 BID at 44.15 now. Wait until he starts to hit the offer and see this thing jump in premarket spooking all shorts.
After the big run up on 4/15, 4/16 showed strength and did not give back those gains If things go the way its been going, market will be down and TWTR up today.
Anything that comes out of China is garbage. Especially a social media company under censorship and users are afraid of saying anything that would put them and their families in jail. This is the craziest IPO Ive seen yet come out of there. You can't' compare that to Twitter on the same planet
This is a sneaky stock. Wild thoughts of the short interest and inroads made with Samsung. The big buys and sells disguise what is going on behind the scenes. I was negative on this stock for several years and now I've become somewhat a shy believer.