Should be a fun day today. Lt's see.
You may be right, but as we all agree that it'll go back to over 4.35 before 3Q. As the guidance indicated that 3Q numbers would be healthy and it should make PPS going back to 7.00, even higher. Most longs won't sell at this price range as the losing #3 news was too sudden to sell for many of them.
I think the guidance was released at a very effective time, otherwise more longs had sold .
That said, the big guys want to get more shares in this month and they are capable to pull down PPS as they wish though the chart tells me we are at the bottom.
BTW, I am hoping to hear some good news before 3Q, that'll be a game changer and I am glad if you are right as I have plenty of fund to buy more. The lower prices are very welcome. Let's see
The chart is forming a double bottom in the big pennant. Keep watching.
It is downgraded, but it is not to Sell still to Hold. The street rated Hold as well. I wish they rate to Sell, so that I could buy a lot more shares than I am intending to buy with My 50K, before the next financial report. Let's see how it goes today. GLTA
-TheStreet Ratings team rates MARCHEX INC as a Hold with a ratings score of C. TheStreet Ratings Team has this to say about their recommendation:
- MCHX was not dumped by Allstate, they dumped Allstate:
Marchex said Allstate sought to switch its business with Marchex to a fixed-fee basis from payments made for each call. "It's not in our best long-term interest to to work under such an arrangement," Marchex said.
- Allstate deal is not too big a deal.:
The company forecast 2014 call-driven revenue of $170 million to $172 million, down from its expectation last month of $178 million.
Call-driven revenue accounted for 89 percent of the company's 2013 $155.6 million top line.
But the company cited "progress" with other large customers and boosted its third-quarter forecast of call-driven revenue to between $47.5 million and $48.5 million, from $46 million last month.
"Beyond Allstate, we continue to experience growth in our customer base," Chief Executive Russell Horowitz said.
2013 was out on August 14, 2013.
By the way, I am new here. wonder why the pps is this low despite we see the good profits history on the last 4 Qs? I know it's not audited, but it still doesn't make sense to me.
I am in. Observing the the 3 years chart, we are at the bottom at $15.19. The only direction it can go is the north. The fundamentals are still very strong despite the recent headlines. I hope investors really read the annual reports. We'll say GOOOOL! tomorrow. IMO
It's very obvious and I agree with him.
You can see the analysis at Youtube. Just copy and past the below:
Sprint Corporation (S) Stock Chart Technical Analysis for 9-5-14
When CNBC reported BABA's initial predicting price at the last minutes of the trading hours, Yahoo was up and then little pulled down. Softbank got gap up day high and Sprint got no reaction to it. Interesting.
Alibaba Said to Plan New York IPO Roadshow Kickoff Sept. 8
By Leslie Picker Sep 5, 2014 6:50 AM
Alibaba Group Holding Ltd. plans to start meeting investors in New York on Sept. 8, ahead of its initial public offering later this month, two people with knowledge of the matter said.
The Chinese e-commerce company’s roadshow will take about two weeks and include stops in the U.S. and Asia, the people said, asking not to be identified discussing private information. Alibaba currently plans to set a price for the shares on Sept. 18, with trading to start the next day, the people said.
The plan may still change, the people said. Before it can begin the investor meetings, Alibaba needs to file the IPO terms with U.S. regulators -- including the price range at which it will offer shares, and the amount that it and backers including Yahoo! Inc. (YHOO) plan to sell. The IPO time line has changed at least twice already.
The IPO has the potential to be the largest in the U.S., if it tops Visa Inc.’s 2008 share sale which raised $19.7 billion. The Hangzhou-based company has garnered years of attention for its scale -- with 279 million active buyers in the year through June -- and its exposure to a growing Internet consumer base in China.
Simply google - Sony Xperia Z3 Remote Play. You'll find the cool phone even on YOUTUBE.
About the deal btw Sony and Sprint:
Recent reports show that Sony has made an agreement with Softbank Corp (the Japanese owner of Sprint) to release the first Sony device on the Sprint network later this year: the Sony Xperia Z3. The news comes after some big changes in the Sprint company, where Dan Hesse, former CEO, stepped down in favor of Marcelo Claure. The new CEO declared that Sprint will have to resort to job and cost cuts in order to survive in this huge market. Surely, putting out Sony’s flagship phone will help them a lot, making room for new future releases.
A rough PPS history of Sprint:
$2.00 to $5.00 --- PPS up summer of 2012 to the end of the year.
$5.00 to $7.00 --- The very first rumor of merger between Soft bank and Sprint on Oct 8th, 2012. --- Sprint and Soft Bank Announce Completion of Merger. July 10, 2013
$7.00 to $8.00 --- business after merger
$8.00 to $11.00 --- Dec 13,2013 -Sprint reportedly preparing bid to purchase T-Mobile in 2014
$11.00 to $7.00 --- Sprint in talk with FCC. Spring of 2014.
$7.00 to $5.00 --- Sprint gave up the merger with T-mobile. August 6, 2014
According to this PPS action, I think Sprint should be back at least to $7.00 level for the expectation of the further business when Sprint, with Son and the new CEO, is ready to execute their aggressive business plans. Also, the gap must be filled up in the chart wise. IMO
BTW, could anyone please lecture me why the PPS went up $2.00 to $5.00 in 2012? TIA.
That sounds fun. Sprint will sell phones from Apple, Samsung, Sony and Sharp. Those companies have plenty of the tech ideas. Especially Sony's technology may help Pepper, as Sony used to produced Aibo robot. They must have kept the technology and will be able to work with Softbank/Sprint for Pepper.
Soon, Pepper might order tacos for us when we ask him. :)
Cuz I can't resist it, after seeing such an attractive chart on my DD. Also the fundamental side is no need to worry as Softbank is having their back. Can I say no-brainer?