the beat was so massive they wanted the market to digest the news before trading resumes!
LOL - blowout results from OVTI and huge short position!
They don't mix well. OVTI shorts to be deep fried
with shorts this high, can't rule out a massive run ahead for OVTI
Possible by year end.
$20 could happen tomorrow with upgrades
Anytime now!
$20 will be too cheap with that guidance and resumption of growth!
Wow - pleasantly surprised. The halt was due a MASSIVE beat ..
I am not selling until this hits $20 soon
The company beat Q1 and upped Q2 guidance .. WOW
Unfortunately I am long on this stock!
What's important is forward guidance .. Q2 revenues over the estimates. A normal stock would have traded up. But this is a $5 stock with book value almost the same and a stock that trades on average 50,000 shares. Easy to manipulate short term either way.
But over the long haul this is headed higher as long as the company beats on revenues, raises guidance ...
I still stand by $10 Dec based on Q1 results, Q2 guidance, strong balance sheet ... And I have put my money on CCIH and its not doing anything until the stock is over 10!
Any improvement in margins could spike up the stock dramatically too!
Its a double edged sword!!
kashif - I see a $125+ stock in the future. That's 50x 2015 EPS of $2.5 or better. LOL
Yes, $38 is a matter of time. And IMO, $125+ is also a matter of time.
VIPS is the best stock out there in the market - huge tail winds, market leadership, china sentiment pick-up play, low PEG, huge growth ahead and last but not least - profitable with strong stewardship! (CFO is a Harvard Grad)
1.65B in 2005 - for the same math and ANCHOR indications, AMRN should be over $10B company.
I still believe AMRN is a $10B company unless somebody get this taken over with $25 and $10 CVR for ANCHOR approval.
Kashif - I like your posts but they may be on the edge towards pumping. I am sure you agree that VIPS needs no pumping. Over the time, VIPS fundamentals will trump over all the noise. Who knows at some point, it may have the euphoria of NFLX, TSLA etc. and shoot up. That requires a sentiment change towards China, SEC/PACOB settlement, and VIPS beating estimates with TTM EPS over $1 by Q1 or Q2 next year (may happen by Q4 this year too!)
$1 TTM EPS and growth of 100% - and a bit of momentum like TSLA - could help put VIPS at $200 in a year.
And Alibaba IPO should also help IMO
Wait at least for $35 in a buyout or on its own. Time is on the side of longs IMO
It took couple of years for it to fall from $30 to $3s .. Now the growth is coming back and the company has set right some issues with accounts/ARs .. With the growth coming back, this company is likely headed much higher towards all time highs in the next year or two.
Very good Q1 results with upbeat Q2 guidance is just a game changer here. This company has book value close to the share price and its growth is back with profits on the horizon.
By Dec, this should be a $10+ stock IMO
What Greenwich does not realize is that Alexa is not know-all metric. It does not understand the upselling/cross selling/impulse buy nature of flash sales model with limited inventory. Even if Greenwich numbers are correct, there is absolutely no reason to be short VIPS at such low levels - VIPS valuation on PEG or P/S is very low even with Greenwich metrics. Poor hedgies got little lucky with DB d/g - the downtrend was nothing to do with their SA articles. Whenever they publish, VIPS actually trades even/up on that day.
DB d/g yesterday shook some nerves - DB usually has that kind of influence on China stocks - YY went up 24% on a recent DB upgrade. Well, good thing with DB d/g is that they can UP the target to BUY down the lane and that could be enough for a 20 to 30% move up.
hey chef - what's up for dinner?
i own dang also .. but i am more optimistic on VIPS than dang!
btw - i think greenwich will get killed eventually on VIPS short
sometimes shorters can be a blessing .. look at TSLA .. when VIPS comes out clean and delivers performance with huge tailwinds in flash sales / ecommerce (its the leader in the space, one with most profits and stronger growth) - shorts will have only one choice .. TSLA!
yep, that's the only thing not good from a TA point of view!