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You're looking pretty smart right about now! Thanks for the explanation.
No. It means I bought the option to purchase 900 shares of EGHT at $17.50 until Jan of 2022.
Suppose on Jan 2022, EGHT is trading at $100 a share. I can still buy 900 shares of it for $17.50. In that case my profit would be $82.50 per share (and I would be very happy).
The good thing about options is that you can control a lot more shares than if you were to just buy the stock. For instance, EGHT was trading at about $21 a share when I bought my options, but I only had to pay about $6 a share. With more shares, there is the possibility of more profit.
The bad thing about options is that if they reach their expiration date and the stock is below its exercise price, you will lose all your investment.
You don't have to wait until the exercise date to turn in an option. You can always sell them anytime you want until, the exercise date, for whatever their worth is at the time.
Pardon my ignorance, but does that mean you are betting EGHT will pull back to 17.50?
Up 10 straight weeks on the weekly chart. Interesting.
Hello, if anybody's here.
I just had EGHT brought to my attention, by, of all things, a YouTube video. I researched it and these are a few of the interesting things I found:
1. A steady uptrend in share price from late Oct to today, with a move from $15.95 to $20 today; an increase of about 20% in a little over 2 months.
2. 106.3 million shares outstanding with 91% held by institutions.
3. 18.7% short interest.
Normally, I would balk at purchasing a stock that is 91% held by institutions because I would figure there wouldn't be additional upward pressure by institutions due to they already own almost all the shares. The 18.7% short interest, though, makes me salivate at the possibility of short holders needing to cover their 19.9 million share position by purchasing from the non-institutional pool of 9.6 millions shares, if something should happen to cause a rapid spike in price.
That being said, I am announcing my new position of 9 options of EGHT $17.50 Jan/2020 calls in this stock.
Good luck to all longs!
JUST IN: $EGHT Why 8x8 Stock Climbed 11.1% Last Month
Shares of 8x8 (NYSE: EGHT) rose 11.1% in October, according to data from S&P Global Market Intelligence . The cloud communications stock popped near the end of the month thanks to better-than-expected earnings results. ^SPX data by YCharts Continue ...
Got this from EGHT - Why 8x8 Stock Climbed 11.1% Last Month
Breaking News: $EGHT Why 8x8 Stock Is Soaring Today
Shares of 8x8 (NYSE: EGHT) are soaring today, up by 12% as of 12:40 p.m. EDT, after the company reported fiscal second-quarter earnings. The results topped consensus estimates, although guidance came in below expectations. Revenue in the fiscal second quarter totaled $129.1 mill...
In case you are interested EGHT - Why 8x8 Stock Is Soaring Today
News; $EGHT 8X8 Inc (EGHT) Q2 2021 Earnings Call Transcript
Image source: The Motley Fool. 8X8 Inc (NYSE: EGHT) Q2 2021 Earnings Call Oct 28, 2020 , 5:00 p.m. ET Operator Continue reading For further details see: 8X8 Inc (EGHT) Q2 2021 Earnings Call Transcript
Read the whole news EGHT - 8X8 Inc (EGHT) Q2 2021 Earnings Call Transcript
Still watching?
EGHT moving toward new 52-week highs.
News: $EGHT John DeLozier of 8x8 Honored with 2019 Circle of Excellence Award
8x8, Inc. (NYSE: EGHT), a leading cloud provider of voice, video, chat and contact center solutions for over one million users worldwide, today announced that Channel Partners has selected John DeLozier, 8x8 Channel Chief, as a winner of the 2019 Circle of Excellence Awards. This is ...
Got this from https://marketwirenews.com/news-releases/john-delozier-of-8x8-honored-with-2019-circle-of-excellence-award-7990678.html
This stock has potential only and only IF it can become current and validate it shareholders on the true direction of the company movement. It’s ok to give hidden clues, but do not mislead or steer in wrong direction into oncoming traffic.
$EGHT No Debt - Revenue increasing YoY
News: $EGHT Vertical Communications Joins 8x8 Channel Partner Program to Expand Its Best-Of-Breed Cloud Communications Portfolio
8x8, Inc. (NYSE: EGHT), a leading cloud provider of voice, video, collaboration and contact center solutions for over one million users worldwide, today announced Vertical Communications ® has joined its strategic channel partner program. The partnership will allow companies to migra...
In case you are interested https://marketwirenews.com/news-releases/vertical-communications-joins-8x8-channel-partner-program-to-expand-its-best-of-breed-cloud-communications-portfolio-7417512.html
Runner on first! Waiting on the home run.
One problem that needs breaking down are companies who are use to doing business with one another are reluctant to search or adopt a new company into their provider base. That is a problem with a lot of broad based enterprise companies. I must say though 8x8 has been surprisingly beating out old hardened provider services. One of the conference calls highlighted that even when 8x8x is late to the table. 8x8 has still surpassed the competitors and won the bidding contract.
As share holders I think the lag for trusted investment comes from the expansion expenses to broadly benefit enterprise level customers. So far those added expenses seem to have generated enterprise activity. What that ratio of expenses to confirmed business deals is I am not readily in the know. So as costs level off and business activity improves. We should also see it expressed in higher share prices.
My opinion only.
Nope..but i notice you still hanging tough on EGHT after many years...i also...gl..
Could you be Chris L.? He used that same saying "tucked under my pillow".
Nice to hear from you. Growth is on the menu in high fashion.
Hey Kim, still holding my 10k @$3.50 from years ago..Tucked EGHT under my pillow, seldom check..EGHT aint sexy, but very pleased with parking some funds and observed their growth...gl
Is a buy out in the making, since all the recent cloud provider hype? Has been many stories, and many stories that do not include 8x8 as part of the cloud frenzy.
There is no real disadvantage at this point from cloud mergers other than management power structures. Oh sure there is always a negative in there some where, but as most companies keep grabbing more pieces of the cloud business, eventually competition is sometimes easier to knock out by taking control of the competitors business mechanism.
When is comes to 8x8 though. I do not think a fair buy out offer will be made. Based on growing multiples, 8x8 consistently has shown year over year growth for more than one year. The story is the same going back several years.
"Revenue breakout: Service, $78.1M (up 20%); Product, $5.1M (up 27.4%)."
Quarterly revenue growth is generally around an estimated 20% year over year.
In an over heated market. EGHT remains in the undervalued category in my opinion.
Of course this is my opinion. I am not an analyst
My best to all.
15 different firms, including B.Riley FBR and Barclays, currently have a Buy rating on EGHT.
Getting to the 52 high mark. I expected better by now, but sometimes good things take time to mature.
Will we have a repeat plunge as we have had from the last two reported earnings report? I assume we will know Friday when the market reopens on how the institutional money will react.
Noted:
After market closes today, Thursday, July 26, Earnings report.
"8x8 X Series for its ability to scale globally, provide superior call quality, and deliver in-depth analytics and reporting capabilities across all employee and customer interactions."
https://ih.advfn.com/p.php?pid=nmona&article=77654840&symbol=EGHT
William Blair 38th Annual Growth Stock Conference
June 13, 2018 (Wednesday)
Chicago, IL
Attendee: Vikram Verma, Chief Executive Officer
Presentation – 8 a.m. Central Time
Webcast - https://investors.8x8.com
Robert W. Baird & Co. 2018 Global Consumer, Technology & Services Conference
June 7, 2018 THURSDAY
New York, NY
Attendee: Mary Ellen Genovese, Chief Financial Officer
Presentation – 9:40 a.m. Eastern Time
Yesterday:Bank of America Merrill Lynch 2018 Global Technology Conference
June 5, 2018
San Francisco, CA
Attendees: Vikram Verma, Chief Executive Officer and Mary Ellen Genovese,
wow some gap down, wut happened?
Choppy chart today. Bargain on the dip if you believe in the business plan that is in motion and working. So the company came in under guidance a little bit, as the company spent a little more than was forecasted. So the company being more aggressive in getting people and product in place overwhelmed some holders. So we had an aggressive dip in share price in response, much like we had before, but actually not as severe.
Oh well you either believe or you do not. Major clue that business is fantastic is the 30% increase of employees planned to be hired.
Well I look forward to reclimbing to new 52 week highs.
Everyone knew and or should have known that eventually the company had to expose expansion expenses. Business growth is booming and yes the money is being spent as it is being earned for the time being. Growing a network takes time and money. EGHT has the money.
Growth will accelerate.
Growth is hugely positive. Even going to hire about 360 new employees in their new 2019 fiscal year which has started. Already have 1200 employees.
30% new employee was the fact mentioned.
Global carrier network has customers in 157 countries around the world.
15th Annual Craig-Hallum Institutional Investor Conference
May 30, 2018
Minneapolis, MN
Attendee: Mary Ellen Genovese, Chief Financial Officer
One-on-one format
An acquisition to upgrade quality making a better experience for business with their customers.
GROWTH = MarianaIQ acquisition.
8x8 continues to keep getting bigger and better.
Just noticed. EGHT hit $23.05 as a new high. Must of been yesterday.
NICE! THe word is NICE!
New 52 high. EGHT working $21.50. Oppenheimer $25.
Ratio to target is 16.2% from $21.50 to $25
Nice!
Gettel owns 17 automotive dealerships throughout Florida, including Acura, BMW, Buick-GMC, Chevrolet, Chrysler, Dodge, Hyundai, Jeep, Lincoln, Mitsubishi, Nissan, Porsche, Ram, Toyota and Volkswagen.
https://www.gettel.com/locations/index.htm
8x8, Inc. to Announce Fourth Quarter and Full-Year Fiscal 2018 Financial Results on May 24, 2018 (Thursday). After-market close.
8X8 Price Target Announced at $25.00/Share by Oppenheimer
April 19, 2018
08:15 AM ET
"8x8, Inc. initiated with an Outperform at Oppenheimer.
Oppenheimer analyst Timothy Horan started 8x8, Inc. with an Outperform rating and $25 price target. The company is well positioned to capture share in the fast-growing UCaaS/Collaboration market, Horan tells investors in a research note. The analyst expects accelerating adoption of UCaaS and says 8x8 has the most experience and largest breadth of services versus peers.
Source: theflyonthewall.com"
Note:
Borrowed this post from Yahoo Finance EGHT message board.
Oppenheimer Upgrade! Superb!
Must be very reputable to influence a new 52 week high, even though after hour. I appreciate the informative posting. When did the FlyOnTheWall issue the upgrade? Was there any commentary to go along with the upgrade?
Upgrade on Flyonthewall to $25.00
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