The PRE and the PIXIE just got unlocked from Sprint. They have over $3.50 in cash, and they are a major buyout target at these levels. I think the sell off was WAY over done. This should be a $10-$12 stock.
Posted by invester on :
Wow. This could hit $8 easy on the almost 50% short interest.
Short Interest Shares Short (Current Month) 74.6M Short Ratio 5.2x Short Interest as % of Float 45.36% Shares Short (Prior Month) 73.4M *Data updated twice a month by the 18th and 29th respectively
Posted by invester on :
$5.78
Posted by Free Muney on :
bottomed out here...
Posted by Free Muney on :
Loaded up at 5.55
Posted by metal1 on :
Ugly forecast. They get some crazy bounces in revs. Under 5 in the after hours.
Posted by Free Muney on :
Sold half my stake at a small gain before earnings and holding the rest.
Posted by BooDog on :
Pre-Market Charts | After Hours Charts Mar. 18, 2010 Market Close: $ 5.65 Pre-Market Last: $ 4.55 Pre-Market High: $ 4.87 Pre-Market Volume: 2,442,764 Pre-Market Low: $ 4.51
Posted by metal1 on :
LOL..
Canaccord Adams cuts Palm price taget to $0 9:30 am ET 03/19/2010- MarketWatch Pulse News Bullet NEW YORK (MarketWatch) -- Canaccord Adams technology analyst Peter Misek on Friday cut his price target on Palm shares from $4 to $0. "We believe Palm's troubles will only accelerate as carriers and suppliers increasingly question the company's solvency and withdraw their support," Misek said in a note to clients. "With what appears to be roughly 12 months of cash on hand, an accelerating burn rate, a complete lack of earnings visibility, and substantial debt and preferred equity, we no longer see any value in the company's common equity." He reiterated his sell rating on the stock.
Posted by BooDog on :
quote:Originally posted by metal1: LOL..
Canaccord Adams cuts Palm price taget to $0 9:30 am ET 03/19/2010- MarketWatch Pulse News Bullet NEW YORK (MarketWatch) -- Canaccord Adams technology analyst Peter Misek on Friday cut his price target on Palm shares from $4 to $0. "We believe Palm's troubles will only accelerate as carriers and suppliers increasingly question the company's solvency and withdraw their support," Misek said in a note to clients. "With what appears to be roughly 12 months of cash on hand, an accelerating burn rate, a complete lack of earnings visibility, and substantial debt and preferred equity, we no longer see any value in the company's common equity." He reiterated his sell rating on the stock.
what an idiot. but he who laughs last.... however that goes.
Posted by invester on :
Man, this is my second stock I lost on in as many months. Sold the option for a loss. Posted by metal1 on :
quote:Originally posted by BooDog:
quote:Originally posted by metal1: LOL..
Canaccord Adams cuts Palm price taget to $0 9:30 am ET 03/19/2010- MarketWatch Pulse News Bullet NEW YORK (MarketWatch) -- Canaccord Adams technology analyst Peter Misek on Friday cut his price target on Palm shares from $4 to $0. "We believe Palm's troubles will only accelerate as carriers and suppliers increasingly question the company's solvency and withdraw their support," Misek said in a note to clients. "With what appears to be roughly 12 months of cash on hand, an accelerating burn rate, a complete lack of earnings visibility, and substantial debt and preferred equity, we no longer see any value in the company's common equity." He reiterated his sell rating on the stock.
what an idiot. but he who laughs last.... however that goes.
You calling me an idiot? Maybe i didn't clarify enough. I was laughing at the analyst. Not too many put out 0 price targets.
Posted by BooDog on :
quote:Originally posted by metal1:
quote:Originally posted by BooDog:
quote:Originally posted by metal1: LOL..
Canaccord Adams cuts Palm price taget to $0 9:30 am ET 03/19/2010- MarketWatch Pulse News Bullet NEW YORK (MarketWatch) -- Canaccord Adams technology analyst Peter Misek on Friday cut his price target on Palm shares from $4 to $0. "We believe Palm's troubles will only accelerate as carriers and suppliers increasingly question the company's solvency and withdraw their support," Misek said in a note to clients. "With what appears to be roughly 12 months of cash on hand, an accelerating burn rate, a complete lack of earnings visibility, and substantial debt and preferred equity, we no longer see any value in the company's common equity." He reiterated his sell rating on the stock.
what an idiot. but he who laughs last.... however that goes.
You calling me an idiot? Maybe i didn't clarify enough. I was laughing at the analyst. Not too many put out 0 price targets.
I thought afterwards that you might think that i was calling you an idiot. No I wasn't, but what is an idot really anyways? I know i call myself a dumb ass plenty enough so really i clould be an idiot. Did i buy palm at 4.50? nope, had it gone right back up to investers target of $8 then i'd be the idot for sure but down it went making some pretty nice bounces for those day traders. Anywayz, i was calling the analyst an idiot for trying to spark even more panic into the selling pressure so their firm could make even better on their short position which really doesn't make him an idiot but a freekin scammer imo.
cheers metal1, have a nice weekend to all those hangin in this.
Posted by BooDog on :
![[Eek!]](eek.gif)
![[Frown]](frown.gif)
![[Good Luck]](graemlins/goodluck.gif)
to all those hangin in this.