Losses are never a non-issue they are one of the reasons that eventually drive your share price to single digits and eventually to the pink sheets. The pre-market low is $7.37 so far. Their other problem is there business model is sort of commoditized because of competition that also drives down share prices. They will have to cost cut to offset losses like I said chop execs pay and see how that works since they are failing shareholders.
They do punish stocks who miss so I would say it's possible. The bigger EPS loss is the problem the revenue miss and miss on guidance was not horrible but the loss is what is probably freaking out the market. Obviously heads will roll at some point better yet maybe the execs should give up some of their pay. The business model now has competition where you don't pay which adds to their problem. I could see the sixes soon in this market.
How can you claim this is going that high if there is no take out when they consistently report disappointing numbers. Both stocks will have to act like EMC/VMW where both firms are doing well. I see Alibaba doing their part but not Yahoo. There was a reason this dipped below $33 the other day and if not for Alibaba this would be in the $20's. This buyout could happen but I doubt it when in doubt WS is great at starting rumors when a specific stock is underperforming. Like I posted earlier I sold into this strength after buying in the lower $33's days ago made some money and will wait for this rumor to fade. Each day that nothing happens shares will drift lower eventually to near $33 or lower again. WS loves to create these stories but hates when they do not materialize. I doubt Marrissa is looking to work for someone else and will put measures in place along with the board. Either way I want to thank the rumor-mongers for today I was hoping for just $34 all day then the extra bonus we all got was a gift.
Sold late into the strength from buying low $33's however if nobody buys them now based on what seems to be a stretch by this Forbes article this stock drifts back to $33 and possibly lower. I'll be waiting again if it does.
With some beats and some misses. The estimates for Q4 margins are a bit lower but my favorite was the guy who was just on CNBC pumping his shares like a lunatic singing about $115 before the new launch. It's going to take a lot to get AAPL even over $100 at this point after these OK earnings. This is not the $500-$600 stock anymore that jumps $10 to $40 in one day. It has a normal bid/ask and it will be much harder to move this stock in big increments look at what is doing now it has only moved about $2.50 from low to high after it reported. These pumpers forget their are more shares now to be accumulated to move the stock in a big way.
He should have waited and gave a date a week from now the shares may have been near the low $40's by then based on the selling in anticipation of his act. This was sell the rumor buy the news the opposite of the usual market move. Carl must be laughing his #$%$ off.
Each time the sell the shares early it seems to snap back. Trying to hold the $30 for now. The market wants them to sell the Asia business if they do you see a $3 bump I believe. Was the 10% correction in the shares the chance for this to move up? We will see soon about a month until earnings.
I doubt that but if you get some in the $59's this morning that will make you some money. The award will be reduced and the shares on both sides will rebound. LO looked great on Friday looking like it would get back over $62 soon. Today will create a buying opportunity if you can get some under $60 and who knows maybe even under $59.
Man you have been right about that for weeks so far. I don't know if that $7.83 was a near-term bottom but it did snap back in the last minutes and they were buying higher in the after hours. I believe this is all about the T-mobile deal being derailed by the government. The market ran S up without even thinking about a few years ago a AT&T being blocked then suddenly the amnesia disappeared and the stock is down near $2. The market loves to punish stocks when deals fall through many times below the price from where the run started. I've been buying a bit here under and around $8 because just when you think the government cares about the consumer because of less competition they tend to turn their back on the consumer and cave to the corporations. I think the deal does happen and the stock is back over $9 once the market gets any hint of the news of a deal coming. It's a gamble but so is the market.
I guess Dan's $49 million pay package is not enough to get these shares higher. How many CFO's at a struggling company make over $9 million? The answer is Sprint. It may be time for the CEO to retire and new blood come in a attempt to fix a third rate mobile carrier. You cannot always rely on a billionaire's backing to fix things if the strategy is in question.
Take a close look at the one year chart at least and look how many times they ran this up the it fell off the cliff numerous times....that's what I'm talking about. Maybe the chart is wrong?
how AMD does this each time they report. The other semis do well and Wall Street bids this stock up along with them then AMD reports and bang down a buck then more each time. Of course the shares were not available yesterday to short when they moved even higher on the back of Intel's report yesterday. Wall Street is rarely predictable in the way it moves but AMD has carved out a pattern for the past year plus. Based on this report their costs are still too high I would guess.
It shows you how many momentum guys were in INTC pounding it higher into that amazing buying frenzy into yesterday's close. I would guess that some more of those guys may peel of some more tomorrow. I said yesterday that the INTC move seemed a bit overdone. They were already selling it today from the pre-market, after the open, and when markets were basically flat in the morning before all the world news kicked in. I think you may see the $33.20's as a low tomorrow unless the markets fall off the cliff then maybe lower. The funny thing about The Street is that it's Cramer's firm and he used to do just that and bragged about it many times on CNBC and on the web. Either way let us not forget those who were murdered today.
How the action in SNDK which may have been overdone combined with this tragic event in the Ukraine the invasion by the Israeli's and now AMD offset the way Intel helped bolster MU's price yesterday. I would guess based on the futures tonight and it being Friday that stocks and MU may open a decent amount lower tomorrow but I have a feeling, despite the weekend coming, that you may see a turnaround at some point Friday especially if the Israeli invasion is quick. If not tomorrow possibly Monday but let us not forget those who were murdered today because of someone else's conflict. I think you may catch MU near the $32.40-.50 area if the market drops but not tanks.
Find the video of him from November comparing LL and TSCO. He chose and recommended LL based on a 10 point checklist. The shares were over $110 then they closed at $55 actually up a $1.15 today. I'm sure he has amnesia about that one but will never forget to remind us of the ones he gets right. You are correct with all of his experience he is as good as us at picking stocks.