A secondary and a few stock splits shall increase the float .. my bet is that the stock will be split 2 for 1 when this crosses 60. Plus there may be a possibility of a secondary to raise cash for the company's planned warehouse expansions
What if they raise cash to buy land in China for warehouses .. I doubt they need to do secondary for this. If they do it to buy land and reduce fulfillment expenses, what's wrong with that. Buying land in China (1.3B population) is a no loss proposition. Biggest problem is not buying the land, but locating the land!
i would rather trust analysts who visited the warehouses/met management and fundamental tailwinds helping VIPS (if not for the red hot nature of VIPS business, do you think DANG would even try entering into the space - its an admission by DANG that they love to even get a small piece as a late entrant to the space).
let that hedgie burn and cover at much higher prices. long and strong.
its some hedgie greenwich that published an article .. right after the article VIPS went down a bit and immediately spiked to day's high. the markets response to the article is "get lost". i think the hedgie is getting burned even more.
you believe those loser articles on SA? hmmmm ...
the market says "get lost" to that SA. it had hardly a 1 min effect on the stock price so far and a new day high soon after. the credibility of that SA article is toast
Nice .. I used to have Zacks before and I like their ratings based on earnings drive.
What does Zacks rate VIPS as? It got to be a BUY based on earnings .. but I am wondering if they have better things to say than simple BUY rating?
that's interesting, its not reported anywhere .. where do you see the $55 target. sooner or later, the analyst revisions will come out and that should help VIPS. right now, it seems consolidating heavily around the 34 plus or minus a few points.
Japan index is still up over 50% in a few short months! It went up like drunken sailor and no wonder it crashed today. While UVXY may have an up day tomorrow, don't count on it to end day positively. I think UVXY will end below 5.90 tomorrow
I expected the same ... but I guess even though markets went up, VIX did not go down much last month - reason why SVXY did not deliver much .. with VIX at 14, may be SVXY not likely to go down much unless VIX really spikes (which does not seem to be on cards).
Ben's put is still there should VOLATILITY really spike a lot?
one of the reasons I got out yesterday was due to fed minutes scheduled for today and svxy was not going up despite markets going up. but sure looks like this could take a spank down on any nervousness in the markets.
long term SVXY should do well .. need to protect it from short term spike downs with puts or vix options or some other. when it goes down, it does spike down fast and furious. but also presents good opportunity to profit. recently I added below 80 on spike downs and within a few days sold at over 90s
Does it look like that you ... hope you're not short .. its like train at 200MPH hitting you ...