too many positive catalysts out there
not too late to get out
next week they are adding shhhh kids meals...
$3.3 Billion valuation for 4170 million in revenues in 2015 and $214 million in 2016...just dumb
Even if they doubled sales for the next five years straight the stock is a bubble after that time period.
any mutual fund manager buying stock at this price would be fired
of course that is the case..has been since $45...its insanity now.....$3.1 Billion for $170 million in sales...worth $20-30..shorts are getting crushed but still dumb
idiots owning this here
MARK owns a little over 6% of Sharecare ( $54 million ) or $4 a share. Its likely they will soon go public and valuation should exceed $1.5 Billion adding another $2-4 dollars. Add in Roomlia, Etc.. and you get a 10-$12 stock
Shak at $83 has a 43 Billion valuation and only will do $171 Million in sales this year. Even if it was able to grow sales by 25% for the next six years straight its total revenue will only still be $521 million. At the point the stock will still be selling at 6x sales if it does not even move. In comparison most good restaurant stocks sell for between 1.5 and 2x revenue. Also assuming 70 stores open as of now..SHAk is selling at $42 million a restaurant..absolutely stupid. The stock has less than 10% of its shares in the float right now so dumb shorts are scrambling to cover and idiot investors are buying a good company at a stupid valuation. Shak at best is worth $20 and evn then it will be selling at a stupid multiple to revenue and earnings.
No brainer short.....
all flash no substance,,maybe she should go on maternity leave again....
this is hype..There already exists streaming companies in Country...
New deals will propel APPS
First of all Bill Stone did a great job talking about the business. They announced a new deal with T-Mobile for the US for IQ which should be incremental to revenue. In addition, they signed new OEM deals with HTC, ACER, ASUS and TM which combined ship over 47 million phones a year. With the quarter just half over they feel very confident with their revenue numbers which tells me they will easily beat for the quarter. Also, they are scaling the business and concentrating on optimizing gross margin dollars. This is a great way to play the exploding mobile app market worldwide.
The last few days the stock gets hit on close. Last 15 minutes or so and then at very end of day...short tactics trying to keep the stock down.