I never could have imagined AMBA going this low. I had been kicking myself for selling at the bottom of the first $hitroen short report. Never thought I would see it back here again. This has to be the opportunity of a lifetime. Go longs.
Cursed like the Shalomers who own it? Synagogue of Satan? You are a hate filled anti Semite whose opinions are from way in the past. Please go away!
On May 11 DIS closed at 108 and change. Here we are 3 months later and back to that level after reaching $122. Up fast and down to earth fast. A great stock that got ahead of its self a little bit. No big deal,
In my Ed Jones account but not Schwab. I like this twice yearly payout better than one per year. And I love DIS!
Otherwise it could be ugly. Ugly for AAPL is staying in the $120's for another quarter.
Individual investors do not move markets in my opinion. Institutions move markets. DIS trades nearly 6 million shares per day. Individual investors will not effect the stock when they buy little bits here and there. They can best affect the stock price by buying Disney products, going to their movies and visiting their parks. I sincerely believe DIS has no interest in splitting their stock. Their focus is solely on increasing revenue and earnings. That will increase the share price. Giving someone four quarters for one dollar will not impact the share price. Splits makes new investors feel like something really good happened. But in the end you are no better off. Go DIS longs!
No it is no less corrupt when Carl Icahn buys a large stake in a company and then tells everyone that it is undervalued in order to profit from his stake. There is very transparency in the stock market. Most people are not short sellers Including me) and so have trouble understanding why someone would come out and do what Shitroen has done. Just my .02.
Were the buyers who bid this up unaware of what was in the Shitroen report? If they were not then why? Also begs this question: If they did know / did not know then why did they sacrifice their position so rapidly? Interesting huh? Also I read through Shitroen's report. There is no disclosure in there about whether they own AMBA or not. Since they have no scruples anyway that does not surprise me. If they were the least bit scrupulous they would have said we have 5 million shares short and we feel this stock is overpriced because.......... But instead they waited until was fruit was fully ripened and then they flipped the switch.
Full disclosure. I sold the AMBA stock I owned and did very well.
If a short seller can buy a position and once attained issue a press release to say it is overpriced then these people are corrupt. If a long (Carl Icahn) can buy a few million shares of a stock and then say it is undervalued in an effort to drive the price up then these people are corrupt. I have benefited from the latter (AAPL) and been hurt by the former (AMBA). Either way it is not right and I would really love to hear an objective argument as to why it is not.
As much volume as AMBA has had it is not likely individual investors have bid this up. So that means the institutional guys have to digest this news and buy or sell Monday. Do they feel it is ridiculously overpriced? If so why did they keep buying to get it up? We will know soon enough.
Can you please explain your "Soon to be a commodity product" comment? That is one I have not heard and sounds like more sour grapes.
Yes thanks very helpful. There is a broken clock in my garage. Almost every time I look at it the darn thing is wrong. But twice a day..........
Why is Wall Street allowed to say this stock was up 50% when the average guy on the street could not even sniff this stock for anywhere near that price. They should be more honest and say the stock came out at $_______ because that is where it initially traded. If I told you I bought FIT at the open you might think I made a nice gain. But in reality I only made a little over $1.00 per share. See what I mean?
How do you know it will be a $5B market cap by Christmas? That is better than a 35% increase in the stock price. Do you have a crystal ball? Can you tell me when our two wars will end? Really impressed with your prognostications.