They made VLO crash to 47-48 on stupid fears.
Now all of sudden VLO is hot again.
Never ever listened to the stupid analysts
This is from latest balance sheet (numbers rounded off)
Net cash and investments = 2 billion (cash + short term investments + long term investments - convertible debt)
WB stake (fully diluted at 54%) = 2 billion
SINA annual revenue without Weibo ~ 500 million
If this core business is ultra - conservatively valued at 1X revenue = 500 million
Total intrinsic value = 4.5 billion = 68 per share.
If core business is valued 2X revenue SINA value = 5 billion = 75.5 per share
If core business is valued 3X revenue SINA value = 5.5 billion = 83 per share
And this is only assuming face value of its non-WB investments, actual value could be much higher
She is literally made tens of millions riding ALIBABA gravy train and she will do the biggest favor to Yahoo shareholders if she resigns.
She does not have to take any stress,
She can enjoy Half a billion dollars that she is worth (from GOOG and Yahoo) rest of her life and leave everyone else alone.
Forget the past. Accounting Shenanigans that shorts claim is past.
It does not matter KNDI has tens of subsidiaries, whether or not they have parts business or they got listed thru reverse merger or CEO promoted stock whatever.
What really matters and every long should focus on
1. Kandi is real company in China. China's EV market is exploding and so has Kandi's. Just look at YOY and QOQ growth. Yes the absolute numbers are small but they are going parabolic
2. China's pollution problem is grave and it is getting uglier by the day
3. Kandi is supported by Chinese Government with generous subsidies.
Short term numbers dont matter much. This is going to play out in the 2 years and looking back nobody will give 2 hoots about the issues uncovered in SA article.
This is going to be a shocker to a lot of shorts.
Estimates for iphone 6 I am hearing are from 50 million to 90 million. If you take midpoint of 70 million and average price of $750, you are looking at 53 billion revenue for iphone alone.
Add another 20 to 25 billion for ipad, macs and itunes and there you have it.
Have they conveniently disappeared?
One of the biggest issue with AAPL as a stock is that it has become the biggest trading vehicle for thugs of wall street (hedge funds)
They use AAPL stock and more and more AAPL options to "milk the cow". Every week there is always huge option overhang that prevents AAPL from making significant move in spite of spectacular news.
Apple should have NEVER split the stock IMO. It just increased the liquidity to gigantic level (6+ billion shares) that hedge funds just salivate. Apple would have been 750 stock, had it not split the stock.
On temporary hit to margins?
This co. is growing gangbusters and itis getting to be ridiculous how the stock just keeps going down day after day.
Had there been no Bison offer, I would have never got involved in this stock for all the reasons you listed.
Bison is the only hope that longs have.
Is market ignoring this? I mean Euro has lost over 9% in the past 30 days alone. US exporters with big exposure to europe might feel the heat (esp. big tech like csco)
Industrials are faltering
Who in media says stock market is booming? It is a biggest BS i have seen for years.
It is only just some momo names in tech and pharma that has taken indexes to a fake level
We have good news about economy (Home sales), good news with consumer (HD earnings) and oil down.
Airlines should be up 4-5% given how cheap they are looking