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Strategies & Market Trends : TRIPLE TRADES -- Ignore unavailable to you. Want to Upgrade?


To: Bull RidaH who wrote (1193)7/29/2021 12:21:40 PM
From: robert b furman  Respond to of 4397
 
Hi Bull,

Their profits are doing so well.

The management just shot themselves in the foot - wonder if it is intentional?

They have amassed a huge cash hoard and also issued a secondary at $41.00 ish. When first announced it was at $45.99.

GS was in on the secondary and it was fully subscribed. So they like the company. I wouldn't put it past them to kick the stock down and buy it up by backing up the truck.

It has to be controlled down. IMO

One last load the wagon.

$6.50 in cash after all debt is paid off.

On target for $5.00 non-gaap earnings.

A PE of 6 to 7.

Your friend will be rewarded, but it might take time.

I'm baffled by it.

I've asked Qone0 to give me a harmonics analysis. Harmonics requires a final dip to back to a previous low ($32.45) recently and it holds its RSI, pull the trigger.

Bob