It is cheaper than trying to dig up anything out of the ground!
Bashers smell blood and they always get more and more greedy when they do. Then the greedy get burnt because they don't know when to take their profits. Timing the bottom is never easy, but buying more shares at $5 is a steal... Long term this will be a 10 bagger, but once the market changes it could happen faster than you think. History always repeats itself!
This market just doesn't make a whole lot of sense when companies that don't make money have stock prices in the clouds and companies that beat expectations (especially right after their IPO) and are taking market share away from other companies get punished. Go Figure!?? The price should be double what is is today IMHO!
I hope today was the day. Demand for Silver is up and prices are falling to levels not seen in years. GO Figure. Fake money being printed all around the world with nothing to back it up. Sooner or later people have to wake up!
Industrial demand for silver in critical sectors, such as ethylene oxide production, has increased significantly in the first half of the year and is expected to increase 23 percent this year to 8.0 Moz, according to Thomson Reuters GFMS. Ethylene oxide is a vital building block chemical, critical to production of detergents, solvents, plastics and a broad range of organic chemicals, and is an example of the unmatched importance of silver in industry.
Demand for silver in the photovoltaic industry has been driven by a global increase in renewable energy over the past decade, leading to a proliferation of solar module production. Metals Focus, the precious metals consultancy, forecasts that silver demand in photovoltaics will rise by close to 10 percent in 2014.
Another positive for silver is growing global semiconductor sales. According to the Semiconductor Industry Association, semiconductor sales were up 8.8 percent in May from a year ago. This increase is encouraging for silver demand because silver is used extensively in electronic products that contain semiconductors. Semiconductor sales in the first quarter of the year totaled $78.5 million globally, the highest first quarter total on record.
These two categories, investment and industrial demand, are important to the strength of the silver market and last year accounted for a combined 77 percent of total silver demand.
The Silver Institute is a nonprofit international industry association headquartered in Washington, D.C. Established in 1971, the Institute’s members include leading silver producers, prominent silver refiners, manufacturers and dealers. The Institute serves as the industry’s voice in increasing public understanding of the many uses of silver.
People have been buying hard assets... therein lies the disconnect. Investor and industrial consumption of silver has advanced at a healthy pace in 2014 - This according to the Silver Institute!
Aug 21, 2014 MELLOR ROBERT E
1,000 Direct Purchase at $7.83 per share. 7,830
Aug 8, 2014 KERR KEAGAN J.
750 Direct Purchase at $7.98 per share. 5,985
Aug 8, 2014 KREBS MITCHELL J
10,000 Direct Purchase at $7.74 per share. 77,400
Aug 8, 2014 NAULT CASEY M.
2,000 Direct Purchase at $7.66 per share. 15,320
Aug 8, 2014 MITCHELL PETER C.
2,000 Direct Purchase at $7.81 per share. 15,620
I wonder if the taking over of the old ticker symbol PCTY has anything to do with it. Yahoo hasn't even put the correct data regarding Paylocity and still posts the former Party City's Upgrades & Downgrades History . I believe as time goes by more and more people and analysts will discover this company. It has really done amazingly well and the stock price is not reflecting how they are doing. I also think that a little more P.R. could help get them noticed. If they keep on plugging along beating expectations I'm sure that investors will finally take notice that they are taking away business from the other payroll companies like Paychex and ADP.
Still oversold... looking towards next week as it consolidates at current level.
First of all Paylocity is not a pos company... It has solid earnings and getting in at current levels will be a great long-term investor. If you're just here to short and bash... good luck with that, because this is a rock solid company that it is eating away at the competition and at the rate it is going will dominate the payroll market with their cloud model.
Coeur Mining Inc. (NYSE: CDE) had a bad week as the gold mining outfit went above $8.50 early in the week and closed down at $7.96 on Friday. Shares were maintained as Buy but the price target was cut to $14 from $18 at Sterne Agee this week.
Limelight Networks, Inc. (LLNW) has been on a bit of a cold streak lately, but there might be light at the end of the tunnel for this overlooked stock. And for technical investors there is some hope when looking at LLNW given that, according to its RSI reading of 29.87, it is now in oversold territory.
What is RSI?
RSI stands for ‘Relative Strength Index’ and it is a popular indicator used by technically focused investors. It compares the average of gains in days that closed up to the average of losses in days that closed down; readings above 70 suggest an asset is overbought, while an RSI below 30 suggests undervalued conditions are present.
Yet, LLNW’s low RSI value isn’t the only reason to have some optimism over a coming turnaround, as there has been plenty of positive earnings estimate revision activity as of late. This is especially true when investors take a deep dive into some of these estimate revision stats and recent changes to Limelight Networks’s earnings consensus.
Over the past two months, investors have seen 4 earnings estimate revisions move higher, compared with just none lower, at least when looking at the key current year time frame. And the consensus estimate for LLNW has also been on an upward trend over the past 60 days, as estimates have risen from -$0.36/share two months ago to just -$0.33/share right now.
If this wasn’t enough, Limelight Networks also has a Zacks Rank #2(Buy) which puts it into rare company among its peers. So, given all of these factors, investors may want to consider getting in on this stock now (or holding on), as there are some favorable trends that could bubble up for this stock before long.
I thought the report was solid... but looks like after hours PCTY is down 15% already. What am I missing?
Looks like someone know something... Volume is up today - finally. Looks like earning will be as good as last quarter if not even better. I was lucky/smart enough to buy more shares under $19, but not at the bottom. I really didn't think it could get that low. I believe the current price is still a steal and that it could easily doubled today's $22.63 price. I hope to see the price go over $30 after Thursday's report. We shall see. I hope those who bought at the bottom held onto their shares!
Sentiment: Strong Buy
Beaten down is an understatement... still those that can't see this as a great time to buy... CDE could move upwards quickly. Love the 5% and 6 % daily moves upward.
Greedy shorts always never learn when to take profits and get out... Love to see them squirm!