Looks like a high growth company.
Why does it show 50% lower next quarter and a small YOY decline next year?
If it is indeed in decline does it deserve high price multipliers it has now?
Why did the directors resign, any scoop?
And finally when there is enough cash reserve and 200 million in cash flow, why would they borrow?
Thanks for replies in advance.
And good luck
OR slowly drift towards 6.5
It may not be fraudulent but it is misleading at least.
I also noticed, even after two days of huge volume not all 30 millions shorts are covered.
That means, there is a group still expecting this stock to go down further.
Yes, I did check their website.
That is something I should have mentioned in the first message itself.
There is hardly any business information.
It is all about finances and revenue and other numbers.
News and presentations are also related to financing but none related to science.
Yes normally dividends are paid from profit, but PDL seems to borrow to do that.
A biotech company, not near MIT or Stanford, but near Reno. It does not even look like an office building.
Half a billion in debt but still pays dividend,
50% growth but still a PE of 5
~300 million in profit but just 10 employees.
2 million in daily volume not none available to short.
When the secondary offering is at 54 why did it jump to 60 suddenly?
Shouldn't such an offering dilute earnings or at least the the base for stock price?
With negative cash flow, ~100M in revenue, 7 times as much debt how can it be a 4B company?
What am I missing?
Isn't share buyback really a zero sum game?
In fact, for companies that borrow money for such an operation, it creates additional burden of coupon/interest payment. Sure it creates temporary spike in demand which in turn can force short covering.
Why is offshore services on downward trend?
I hear a lot of good things happening in mexico energy sector.
Shouldn't it help these companies such as HOS and TDW?
How can it be?
After the Zale news SIG is up 18 % which is almost 1.2B in market value.
Tthey have to pay 600M for the purchase, plus another 800M in debt.
That too all cash which SIG has to borrow.
It is as if they are getting ZLC for free with a huge cash back bonus !?
What am I missing here?
If you include the debt the deal is for 1.4B.
SIG market value increased by almost the same amount after the news.
Strange, really strange
After the Zale news SIG is up 18 % which is more than 1B.
How can it be when they have to spend 600M for the purchase?
It is as if they are getting ZLC for free with a cash back of 400M !?
What am I missing here?
Next quarter earning estimate down 4 cents, from -13 to -17.
Next year down -12 from -34 to -36.
Other companies seem to know how to make money out of big data.
MSTR for one shows 2.43 in place of 2.34.
pardon me for my uninvited comment.
looking at the price/volume behaviour i don't think there is much upside.
unless they come up with a blow out revenue estimate revision.
my fear is, anything less than 25% growth can take the price down to around 20.
if i were you, i will take some profit here.
Though the vodafone news is good, I am still not convinced.
Any idea how much this deal is worth?
Is n't odd that a company which helps others to reduce inefficiencies in financial reporting has to reschedule their own quarterly report?
I was waiting open a position. I will continue on the sidelines