They say the bad guidance is because price increases won't be there, known tough comps...still growing though, just low single digits, right?
Just remember, this actually could be the single most mis-priced security above $2B market cap. Who knows how long it will take, but their business model is fatally flawed. However, I will cover the day it is reported that Rascoff buys 1,000 shares. I see he had no problem selling another 10K vested options at ~$100.
" Stephens has joined a long list of firms to be more bullish on Stratasys (SSYS +3.1%) than 3D Systems (DDD +0.2%): The former has been upgraded to Overweight, and the latter downgraded to Equal Weight.
The ratings changes come even though Stratasys has soundly outperformed 3D to date. Stratasys now goes for 5.8x 2015E sales and 37x 2015E EPS; 3D goes for 4.9x 2015E sales and 36x 2015E EPS.
Others more positive on Stratasys than 3D include Morgan Stanley, UBS, Credit Suisse, and Citron Research. "
I thought Caledonia owned their stake from before Z was even public, but maybe I'm thinking of another Australian fund. It's Tiger and the funds that mimic Tiger that I think are vulnerable. Of course so much has happened since the last filing period the ownership turnover will be high. Wellington must be entirely out, for example.
From a CNBC report: Hedge funds face their worst year since 2011
"Big name managers including so-called "Tiger cubs" Rob Citrone, Philippe Laffont and Chase Coleman, who used to work under veteran hedge fund manager Julian Robertson at Tiger Management, have all fallen into the red as technology stocks have been hard hit. "
Tiger itself is likely doing poorly in many of their bets. Still Zillow trades at a price/sales level three times higher than NFLX, and without NFLX's moat.
You know the CEO's husband (Ed Cohen) just sold their other two companies a couple days ago? APL and ATLS...and the timing was good because energy names have been destroyed since then. Anyway, years ago Betsy sold Jeff banks. I think they need to deal with their regulatory issues and try to sell this thing. I could still fetch well over 150% book even in this climate imo.
I always have twenty or more positions that I trade around. I may be short some Zillow but am net long. Anyway I can't understand how ISIS effect on Iraq and even Saudi production can be discounted the way it has been.
I think a lot of the highly shorted names are holding up well today on low volume/covering while traders put out fires elsewhere.
I thought Ireland already went through austerity, but I get lost in European news. Hopefully, the INTC PC forecast will help STX. Traditionally it has.
Ireland has 1 in 10 jobs directly related to the off shore companies presence there, so they have plenty of incentive to keep it in effect as long as possible. A sudden downturn in the EC economy will put tax havens on the back burner. I'll check back in and give you your props if it happens before say 2019.