I still don't think so...look at the average...well above the 50 day and working on 200 day. Today you cross 3 month high. HD just beat expectations by a wide margin. What that tells be after remodeling houses they will be refurnishing with new furniture and decorations. Guess what that's what "Wayfair" does. See you at 35.
so far bad call...I think this will finally go 25-26. Just need another counterbid. I really like to say Raytheon come in and scoop the other half of the ADS-B play from FAA. How sweet would it be for Raytheon to own both sides (ground and air). Talk about synergies.
Investors should now look at technical analysis, starting with the volume exhaustion Friday. If you take the complete trading range 102-45 = 57. Apply statistics like divide range by /2 = 28. Then add 45+28 = 73 PT (Fair Price).
Whose bulling the consumers? Yelp or Users? So let me get this straight. If a waitress is not at a table in 90 secs and shows up 6 minutes later, when establishment is dead, that yelp should prevent a negative posting about the wait staff of that business? Only happy thoughts allowed? What if they've experienced that kind of service over several visits? Still not justified?
I think you may have something there. Investors should now look at technical analysis, starting with the volume exhaustion today. If you take the complete trading range 102-45 = 57. Apply some statistics like divide range by /2 = 28. Then add to low (45+28 = 73) you get a 73 price target. I bet that's how some of the analysts are coming up with a 70 range.
All I know I bought LULU @ 37 because of a bogus negative story. Now in mid 60's. Businesses can change investors' expectations on a flip of a dime. TWTR (36-39) is another good example (another weak MAU story). Street is concentrating on MAUs, not necessary revenue or earnings. Appears they are just ripping off Mom & Pop retail investors (Cramer I'm talking about your recommendation). Isn't the company doing well by meeting analyst projections with weaker MAU's. What happens if growth picks back up? It sure will not stay in the $45 range
Everyone assumes user growth will remain low? What if they find a way to accelerate it? This board is not addressing this. Especially the shorts! Why is there no discussions what it could look like. If they are making tons of money on lower growth....revenue explosion coming!
The slow down in auto sales is not going to help us. I just paid for 2 annual subs....so I did my part 3 wks ago...anyone else supporting company products? REV will be light IMHO....my subs went from 131.00 to 89.00 with one minor phone call.
Heading back o my inital buy @ 41.50 or the 200 MA. Have I really been in this that long. Boy time flies. I have this feeling if Google doesn't make a play before earnings and low-ball offer will be rejected...analyst will come out of the woodwork stating they deserve a FB valuation.
$285 for 90 applications vs. $37 for 100 insulin injections. Do we really think that were going to convert that many insulin users for a 75% price increase?
I've been waiting for that $16 - 12 gap to be filled along time. Now it looks like were on the way.
Sentiment: Strong Buy
Weill my .20-.65 shares are doing just fine. I'm happy to see this baseline in the $3-4 range for the past two years, because now it has a very strong based which leads to one direction only. With the reduce share count shorts should be nervous...FV is 3.6 so just give me a fair multiple to catch the rest of the market. IMHO the only reason why it's below $4 is because of Malone.
Amazing how well this continues to hold up. I sold this 6 months ago @10.60 and it's still basically the same price.