I smell a class action here.....................
Read Jefferies note. CRM changed their billings from quarterly to annual.
Pulled forward rest of years billings to this qtr. New subs contract value was FLAT.
Now we know why Marc dumped 25K shares yesterday.
Gosh, Cramer didn't ask Benioff why he sold another 25K shares so cheap with a buyout coming.
Looks like he sold at average of about $71.80.
Clearly Marc doesn't know what is going on behind the scenes......
ha ha ha ha ha.....
Start scaling in to a short position tomorrow at 10:30am.
U R BROKE!
Sentiment: Strong Sell
All of the profit came from 10% of the revenue.
And that part of the business is in a MUCH smaller market.
Oh, that's a recipe for success................
Fat lady is long........... Stock and call options, both purchased late day today. Options premiums have collapsed.
The upside potential vs downside risk on this one is quite compelling. $3 on the down side, $70 on the up side. Much better than Vegas.
You can complain all you want about the variations in various aspects of the placebo cohort vs active drug in Cupid1, but hard to justify P=0.003 caused by variability. Results were NOT P=0.03, but P=0.003!
Also time distribution of adverse events favored efficacy, few adverse events early on in the active arm, more events as time elapese versus very even distribution of adverse events in placebo. Thats something shorts don't mention.
Hope to be singing a happy tune some time next week!
ON Mad Money tonight, Cramer said RAD if full of weak hands and isn't a buy until $7.00. Says his twitter feed is full of pikers begging him to pump the stock, and HE WON'T DO IT!
Sentiment: Strong Sell
Do you want to discuss net present value of TIK's discounted future cash flows and the intrinsic value of this company's stock? Of course you don't, because you and I both know you wouldn't like that reality.
You just want to see the stock go higher long enough to dump your shares on some other fool. And what the clowns steering this leaky shrimp boat did, didn't do anything to benefit that goal.
Bye da way, watts rong wiff mi speling?
And every year it bounces between $6.50 (in desperate hope of eventual profits) and back to $4.00 when they pull another EF-Up like the just did by juicing the stock into the quarter end.
This roach motel company is like electing a liberal to office. All kinds of grand promises followed by the harsh reality of failed execution AFTER you commit to them.
And the stock drifts back to $5...........
Ok, they issue this big 'tease' press release about a piddly sub-million dollar order release and whet the appetites of the 8 guys/ladies who follow this board about announcing March Qtr revs.....
In the interim, the stock runs 25% into the end of the quarter! HOW STUPID DO YOU GET?
Now they are going to have to take a significant charge due to warrent revaluation because of the big stock rise. WHAT IDIOTS!
AND.... they brag of being solidly profitable. Is that GAAP profitablitity? Or ficticious (adjusted proforma) profitability? The way I read the P.R. it's GAAP profitability. If they show a GAAP loss because of the warrent expense, they are vulnerable to a freeking lawsuit.
These guys are absolute dummschittes!
By the way, thanks for the trade from $4.35 to the $6.25 range, I'll take a nice vacation witht the family on the profits.
These guys are going to have to get really creative in their next earnings P.R. to make it look good after this assinine move!
Egomaniac Fartstain is on twitter, horrified at the fact that one of his idols was schitte canned!
Perhaps some day loud mouth Cramer with do the same to Fartstain.
But I doubt it!
Sentiment: Strong Sell
Now this company can get down to the business of proving whether or not Eteplirsin works!
Instead of all the grandstanding, and b.s. efforts to skirt the system to get it approved.
FINALLY the board did the right thing!
Steve Weiss loved SSYS when it was at $115, right before it started it's crater to sub $50. Nevermind his poor stock calls, the guy is just a real prikkkkkk.
How does this piece of smelly buiuuuuttttt cheese get away with it?
This morning at 9:55am, the enigmantic egomaniac market prognosticator (whose charitable trust has severely underperformed the S&P500) told his CNBC audience to BUY BIIB!!!!! THIS ONE IS GOING HIGHER!!!!! The stock was at $434 at the time.
Tonight, at the closeing of his Mad Money Show sliiiiimeballll Jim says.....I want you to be careful with BIIB it has run a lot...... The stock closed at $433.65, a buck lower than when he said to buy it in the morning.
#$%$????? It was a buy this moring, but now it has run too far??????
How is this criminal allowed on television?