Pure Storage Inc (PSTG)

[Tardis24]

21.62$!!!

[Tardis24]

21.50!!!!$!!

[Tardis24]

21.23!!!!!

[Tardis24]

20.68$

[Tardis24]

$20.59$

[Tardis24]

$20.10 Pre market buys

[Tardis24]

https://www.forbes.com/sites/patrickmoorhead/2018/01/27/dont-forget-about-storage-when-planning-for-ai-and-ml/?utm_source=yahoo&utm_medium=partner&utm_campaign=yahootix&partner=yahootix&yptr=yahoo#36b1bf1e5ccd


$fb $goog $nvda partnerships with new AI technology
worth 200$ a share

[Tardis24]

19.91 all time high, After hrs single buys worth 4 to 10 million!!! Double here is coming!

[Tardis24]

$19.91 !! worth 100$ a share , er in feb will rocket it to 40$

[Tardis24]

19.58

[Tardis24]

19.54$

[Tardis24]

19.49$

[Tardis24]

19.45$

[Tardis24]

19.18

[Tardis24]

19.02

[Tardis24]

18.97!

[Tardis24]

18.79! i see 20$ soon

[Tardis24]

18.55 ! wow

[Tardis24]

I ve been in since the 16s this should hit 20 soon.

[Tardis24]

very odd, next er is projected to be outstanding with a profit , 1st time ever this good. People need money, new 2018 .

[in2it]

Lotta insider / VC selling... usually not a good sign...

[Tardis24]

Hit 17.15 today

[Tardis24]

17.01 already

[Tardis24]

16.88 hit, I bet people will come next month when er hits and we break 26$

[Tardis24]

16.80 hit today. closing in the 17.00$

[Tardis24]

Hit 16.66

[Tardis24]

16.30 In today hit 16.58 already
Big things to come. Good job for profit next er. board doing good. They are hiring a lot of new people!

[Tardis24]

Er projections look to smash a profit ! I smell a double here !!

[Tardis24]

Hopefully turn a profit soon.

[Tardis24]

Good volume today

[Tardis24]

Is anyone still active here?

[Tardis24]

I like this company, alot of shorts here though.

[novicetrader]

Thanks,this was one of the very rare ones where my timing was actually right!Usually my buys are too early and too high,lol!

[chmcnfunds]

No -- wish I was. Kept watching and seeing it as over-bought so was waiting for a pullback. Never came. Today caps it off. You've done very well, congratulations.



PSTG

[novicetrader]

WOW,PSTG(11.80)has indeed done well these last 2 months!Are you in?I'm still in,maybe will need to safeguard my gains,so might sell half above 12 bucks.

[novicetrader]

The analyst, who has a $14 price
target on Nimble based on its stand-alone value, added that the takeover price
it garnered reflects positively on the valuation of peer Pure Storage (PSTG).

This story comparing Pure to Nimble is exactly what made me double up on PSTG.I saw it on my Ameritrade flash news,been trying to post this here,but wasn't letting me copy/paste.Thanks a lot for posting this here.

[chmcnfunds]

You have played it right so far and I believe what you are saying, but I'm still waiting to see how it trades with the big open gap from the gap-up.

I'm sure you saw the Fly story yesterday:

Nimble Storage could still be 'in play,' says Maxim Maxim analyst Nehal Chokshi recommends investors hold on to shares of Nimble Storage (NMBL) after the company announced a deal to be acquired by Hewlett Packard Enterprise (HPE) as he believes the company may still be "in play." He views Microsoft (MSFT), Cisco (CSCO) and NetApp (NTAP) as among other potential suitors for Nimble and adds that the $40M break up fee "is not too significant" to prevent other suitors from stepping in. The analyst, who has a $14 price target on Nimble based on its stand-alone value, added that the takeover price it garnered reflects positively on the valuation of peer Pure Storage (PSTG). Nimble shares closed yesterday at $12.58, above HP's $12.50 per share bid.

Read more at:
http://thefly.com/landingPageNews.php?id=2517136

PSTG

[novicetrader]

I bought some more PSTG today,to actually average up(usually avg down, this is the first time buying on way up).My avg is now $9.89.The Nimble Storage buyout makes it certain that this one is way undervalued at this point.

[NYCPuglet]

We finally deployed several of their flagship storage arrays and the time it takes to execute VMware snapshots and replication is unbelievable with 100% SSD. Our lead engineer is speechless at how fast it is. Their offering is beautiful. Shareholders should be proud at what this company does because it's for real and has extraordinary potential.

This is an incredible product and company. I'm seeing it first hand.

I should have bought on the dip.

[Mcfamin]

I won't sell my shares for anything less than $14.

[novicetrader]

I did not sell my PSTG(I meant sold my NMBL shares on the big 45% spike this morning on buyout news) . For PSTG, there is Cisco buyout speculation, so planning on holding onto my PSTG for a while.Both companies are competitors in the same field,so I'm expecting the Nimble Storage buyout news will fire up Pure Storage also.Whether buyout happens or not,just the anticipation/speculation will propel PSTG up is my thinking.

[chmcnfunds]

Good for you -- you expecting it? I was getting ready for the day and missed the early run-up here, but sold a few minutes ago at $10.15 for a little profit. I've seen buyout speculation about PSTG also.

PSTG

[novicetrader]

going to be a good day for PSTG, riding on coattails of NMBL buyout!I sold my NMBL in premarket @12.48, nice profit.

[novicetrader]

I got few PSTG too today(@9.60),feel like the drop is overdone.Good luck.

[chmcnfunds]

Not answering your question, but interesting article if you haven't seen it:
__________________________________________________
Why Shares of Pure Storage Dropped Today

Motley Fool

Shares of Pure Storage (NYSE: PSTG) slumped on Thursday after the company's fourth-quarter results were overshadowed by weak guidance. The stock was down about 11% at 2:40 p.m. EST.

So what

Pure Storage reported fourth-quarter revenue of $227.9 million, up 52% year over year and a few million dollars above the average analyst estimate. Pure Storage added 450 customers during the quarter, bringing its total customer count to 3,000. Notable customer wins include video-streaming company Hulu and restaurant chain Subway.


Image source: Pure Storage.

Non-GAAP EPS came in at a loss of $0.02, up from a loss of $0.12 during the prior-year period and $0.06 higher than analyst expectations. The company lost $42.9 million, or $0.21 per share, on a GAAP basis, a slight improvement compared to the prior-year period.

While Pure Storage continued its streak of revenue and earnings beats, the company's guidance for the first quarter was disappointing. It expects to produce revenue between $171 million and $179 million, up just 25% year over year at the midpoint and well below analyst expectations of $201.7 million.

Now what

Pure Storage expects to produce $1 billion of revenue this year, right in line with the average analyst estimate, but the weak first-quarter guidance will require growth to pick up as the year goes on. CEO Scott Dietzen sees opportunities going forward:

Pure Storage is delivering the data platform for the cloud era, helping customers put data to work for their businesses. This year, Pure expects to reach $1 billion in revenue -- a remarkable achievement and evidence that we're only just getting started. We could not be more excited about the opportunities ahead.

Shares of Pure Storage are now down about 50% since peaking soon after the company's IPO in late 2015. With growth expected to slow during the first quarter, and with profitability nowhere in sight, investors are clearly losing patience.

10 stocks we like better than Pure Storage
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PSTG

[chmcnfunds]

Back in PSTG @ $9.45.



PSTG

[Mcfamin]

Wow $10.06. This is ridiculous. Any chance of being bought out?

[beautrader24]

Looks like it's going to make a move up

[ValueInvestor15]

BMO Capital upgraded PSTG today. Valuation models show nice upside:

Analysis

[Mr_Doug]

You wouldn't think so looking at the price action lately. Chart is getting set up for a move. History suggests up.