it went up quite a bit recently and they didn't blow earnings and guidance thru the roof. GAAP loss is at .77c. way too high. and they didn't release the eps (at least that I can see) for next quarter. so I am guessing it is not going to be good.
palo alto networks had a good quarter but their guidance was so-so just like splk and it is taking a beating ah.
cnbc half time just talked about srpt as well
no date when the FDA would decide, but just like I was guessing that they will move the decision date out. I guess part of my guess was right :).
looking at how this is coming to down to the last day (thought they would decide by end of last week), I am sensing that they will move the decision date out like a month or so. just a guess.
can they do that
does zacks have it wrong
I have been trying to find out why but so far wasn't able to. Colby has put some posts out on why. check his posts. other than that, WS is just rigged. this should be trading in the 150s right now after the blockbuster earnings and guidance.
what is going on. this shellacking is unwarranted.
my guess is SA and other shorts including the hedge fund you mentioned got caught big time going into earnings cuz of the phony SA article. they didn't expect blockbuster earnings and big guidance raise. so they had to tank the stock with heavy selling so that the stock wouldn't go higher thereby creating a huge short squeeze. if this wasn't manipulated down it would have easily gone up into the 130-150 range and probably more cuz of the short squeeze. this is all just not right.
if this is what the manipulators were able to do on such great results and guidance, imagine what they would have done if the results and guidance were not such a huge beat and raise.
there is nothing from the handful of analysts that cover this stock other than b. riley reiterating buy and 150 PT. aren't they supposed to look at why the stock was dropping or dropped and issue an analysis.
i don't see a lot of open interest in the 90 puts, so if some people bought those puts to take the stock down then they already closed them (probably on tuesday) for a hefty profit. the volume was over 5m shares on tuesday.
G2 has some personal stuff with STMP. what and why. guess they short it to death and use their long position has a hedge against it. also, i think SA is part of this whole game. i think they shorted at the open yesterday and kept lowering the asks to cause panic selling.
i still don't understand that when a company has a blockbuster quarter and huge FY raise it can be manipulated down like this with no news that I can see so far. and the markets were up huge yesterday. i thought it would be up big time from where it was trading at pre-market. basically it all points to how much WS is rigged.
it has been going on for a long time with many stocks. valeant is a more recent example. that one has been taken to the cleaners. shorts, media, etc.
I still don't see any news for stmp drop yesterday. it should be trading more in the 150s making all time highs right now for the huge beat and raise. what's going on is total BS.
found it on their website through google search
05/10/16 Update STMP ($88.34, Buy; $150.00 PT): Reports Strong Q1 ’16 Results; Raises FY ’16 Guidance Substantially; Reiterate Buy Rating and $150.00 Price Target
if that is the case that would be blatant manipulation and supports the thesis that WS is rigged. but this happened on a huge beat and raise. the stock should be hitting new highs right now. a stock falling 20 pts just like that in about an hour or so yesterday on no news (that I can see and still no news that I can see) is beyond belief.
is SA part of this whole game. they are short and got caught on the big earnings surprise. so they will bash any chance they get to make their short work.
the company and the regulators need to step in and look into this. this is just ridiculous.
where are the analysts. I thought they would significantly raise their price targets yesterday.
problem is you don't know why it is falling like this. I tried but cant find anything anywhere. this should be trading in the 150s today for the huge beat and raise. my guess is the SA turds are trashing it again since they got caught short big time on the earnings surprise. way to go, right. short a stock and trash it to make money on the short cuz they have a medium to do so.
anyway you look at it this is total total BS. when you have such a huge beat and raise, this is not right. losing 20 pts just like that on no news is the height of mainipulation. it should be going up 20 pts from the open. WS is a total scam and totally rigged.
this is more than shocking. just total total BS. how can a stock lose 20 pts just like that on no news, on a huge beat and raise. WS is just a scam and totally rigged. makes no sense.
and where are the analysts. such a huge beat and raise and I don't see any comments from them.
don't think that's the reason. I know there are a lot shorts, so it should be going up on short covering not going down on the huge beat and raise. don't see any news for this drop. and market is up big time. this is total total BS.