Companies are doing this stuff in house. It's very easy to do. That's why companies like HIPP don't take off. Nobody needs them. A decent high school kid can get these kinds of programs up and running. Since the patents are meaningless, who needs HIPP?
$80 unlikely in near future. However, BP sells for less than 1/2 the industry average price/sales ratio which is around 1x sales. BP is currently around .47 sales. They do $375 bil. in annual sales. Put .65 x that and you get a market cap of $245 bil......or $81/share.
Once the Gulf thingy is finally put to bed (still going to be years) it will trade closer to a market/industry norm. Yes...we will see $80 down the road. I think 15% annual return over next 3-5 years is almost a guarantee. $50s this year. $60s next year. $70's in '16. $80s by 2017. Hold it. Collect and DRIP the dividends. You'll be happy.
If they bump the dividend to $3 it would be about an 8% rise. Not unreasonable. I don't know if they raise it or not. I've owned COP for years. Dripping my dividends until retirement down the road. COP has been a very nice holding for me.
Goldman always, always, always wants to buy the stocks they put sell/underperforms on. They never, ever follow stocks they don't want to buy. There is absolutely no incentive for them to pan or beat up on a stock they have no interest in anyway. So....when GS is lukewarm on a big, liquid stock that's been going up you can be assured they want to sop up the selling they create.
The same works in the opposite direction. When they say sell a beat up, down trodden stock that means they want it. They just don't want to pay up.
GS creates their own market.
I can absolutely guarantee you GS is buying GILD on any dips. Guaranteed.
I read Barrons every week. It is my opinion that when managers recommend stocks in interviews they are looking to sell and when they pan a stock they are looking to buy. I think MONIF is a good stock, but I didn't buy it until this morning. Kass is no different from anyone else. Watch the Round Table recommendations. Abby Joseph Cohen of Goldman Sachs is the worst. Buy when they say sell and sell when they say buy. She pumped MOS in '12 as a buy in the $60's and a sell in the $40's. Hmmmm...shouldn't it be the other way around? MONIF was a sell above $1 and should be a buy under .80 cents. Not the other way around.
Moving higher? To what? .16 cents?
Trust me, you will never see .20 again. Let alone the $2-3-4 range that many bought at over the last 3 years.
It's always a momentum or anti-momentum play. I have found....maybe....10% of the time they get it right.
It's sort of simple. Since most of SA's articles are written by amateurs or wannabees or those thinking they know more than the next guy (people who REALLY do know don't post it for free on SA....they get paid for their knowledge) they tend to follow the sheep or think they're the only guy who isn't one and goes the other way....like in this case. Even Cramer puts his name on it and suffers or benefits from his opinion. He gets paid too.
Be very leery of anonymous opinion makers.
The author of the article is anonymous. SA is notorious for this. Posting positive of negative opinions anonymously should be ignored. No way to check who this guy is. His credentials. Anything. It sounds credible but the guy just might be a manipulative goon. ISIS has huge pharma cos. partnering with them. They know what's going on.
It would be safer just to short the S&P. Shorting GILD is a fools game. Maybe for a few bucks now and then...a day or two trade. But for portfolio management you wouldn't short GILD....at least nakedly. If the market goes up, GILD goes up more. If it goes down, GILD goes down less so.
"So that you can reacquire your shares at a discount? I see."
Discount? What discount. Step right up there, Bub. The shares are practically free.
And, BTW, I don't hate the company or the people who run it. It just is what it is. I apologize for basically stating the obvious. Poor baby. Just ignore me. I'm OK with that.
Actually, their salaries are not all that great. Get it through your heads. HIPP exists simply for the benefit of the employees. This is their job. As long as there are saps to sell dilutions to, they will. They need cash to stay open. They sell a little bit of mobile ad stuff. Collect some cash to pay themselves. Wash, rinse, recycle. It's been going on in the business world forever.
I run a business. It would be great if I could just sell bits and pieces of my business to 3rd parties (scraps of paper that say they own a piece of my business) for cash, knowing full well that eventually I'll just shut down and leave. You have to pay loans back...not shareholders.
hey, goneskiing...how are ya? Honestly, HIPP/AUGT is the only stock I've ever heard of that the insiders can't buy any shares of. That is a dog that just don't hunt anymore. It's simply a lie that keeps getting repeated.
I've owned the stock for awhile and didn't sell when it touched $14ish last year. When it got back down $10 I doubled up. I'm happily in the green again and am going to wait for the news. Big gap up this morning on high volume. No news.??? Something's going to break, I would think.
Bob...the others aren't selling because their shares are meaningless to their overall portfolios. For those who bought 10,000 shares at a buck hoping for a speculative home run, they're down 90%. The sellers who wanted to sell sold a long time ago. Even this piddling volume suggests only a few even care if they net .10 on the $1. The stock has no value to anyone who has any sort of portfolio. If anyone made HIPP/AUGT a big part of their stock holdings and they are still holding the shares they should look into doing something else.
HIPP never, ever should have comprised more than 1% of anyone's holdings. Obviously, it might now.
IT IS NOT GOING BACK UP. Oh, it might bounce to .16-.17 cents. But it will never see .20 cents again. That's over.