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Geez- no breaks for me this morning
Kohl's Corp. (KSS) -NYSE
44.31 Down 6.82(13.34%) 9:49AM
Yeah- that bet went bad, lol
GPRO missed on the earnings:
The wearable camera maker reported a fourth-quarter loss of 8 cents per share, ex-items, on $437 million in revenue.
Analysts on average expected GoPro to break even in the fourth quarter on $496 million in revenue, according to a consensus estimate from Thomson Reuters.
Shares of adventure camera maker GoPro (GPRO) have been halted in late trading this afternoon ahead of its Q4 report.
Analysts are modeling $435 million and break-even on the profit line.
Update: Revenue in the three months ended in December fell 31%, year over year, $436.6 million, yielding a net loss of 8 cents a share.
CEO Nicholas Woodman remarked that “growth slowed in the second half of the year and we recognize the need to develop software solutions that make it easier for our customers to offload, access and edit their GoPro content.”
The company said it took a $57 million as an impairment because “excess purchase order commitments,” which is more than the $30 to $35 million it had been expecting.
GoPro sees revenue of $160 million to $180 million for the current quarter, and a gross profit margin of 35% to 37%. That is substantially below the $291 million the Street has been modeling.
For the full year, it sees revenue of $1.35 billion to $1.5 billion, well below consensus for $1.609 billion.
The Nasdaq currently is not specifying the time of resumption of trading in GoPro shares.
Update: The shares are now set to resuming trading at 5 pm.
let's hear the good news <vbg>
GoPro, Inc. (GPRO) -NasdaqGS ?
10.71 Up 0.47(4.59%) 4:00PM EST
After Hours : 10.77 Up 0.06 (0.56%) 4:19PM EST
another 4" overnight- beautiful
My only green today in the portfolio:
Kohl's Corp. (KSS) -NYSE
50.35 Up 1.27(2.59%) 3:43PM
Just finished shoveling the drive (snow blower broke). Getting 1-2 per hour for the last 5 hours. Starting to let up a little
Hang on sloopy, hang on
GPRO- Small position at $10.55
BP's fourth-quarter earnings plunged 91 percent amid sharp declines in oil prices as the British oil company continued to make provision for the Deepwater Horizon disaster in the Gulf of Mexico and streamline operations
Yep:
timhyma Member Level Grandfathered Member Tuesday, 06/17/14 07:36:26 AM
Re: **D*A** post# 93378
Post # of 109058
I picked up DUK at $71 late yesterday
They report on the 3rd, so time will tell
I re-evaluated my position in SYY and decided to sell it. Sold at $43.16 for a 53% return. I believe it is over priced based on multiple variables. I would buy it back under $30 <vbg>
I threw a bid out at 10.85 this morning, and it climbed without hitting. Not chasing it
with 44% of the float shorted, A good report could cause some huge upside as they try to cover. Might be worth a gambling position
GPRO- They report this week- Could go either way depending on that, imo
Piss on them- just do it!
We bought our house in 2006. I think I'll have it paid off in 3-5 years- depending on other "expenses" the kids cause
My cost basis for SYY is just over $28 <vbg>
Bought it in August 2012
Sweet- Sysco Corporation (SYY) -NYSE
41.89 Up 2.08(5.22%) 9:45AM
Sysco Earnings Rise as Margins Improve24/7 Wall St.(Mon 9:10AM EST)
MSFT up $3 today- sweet
Microsoft Corporation (MSFT) -NasdaqGS ?
55.09 Up 3.04(5.83%) 4:00PM EST
After Hours : 55.09 0.00 (0.00%) 4:14PM EST -
next trade
click back:Remember ICON?
http://247wallst.com/investing/2016/01/28/7-stocks-with-short-interests-of-40-to-80-of-their-float/
We sold it in the $17's back in the day
Iconix Brand Group, Inc. (ICON) -NasdaqGS ?
6.49 Up 0.18(2.85%)
Now, if can get a little volume on this move
Exact Sciences Corporation (EXAS) -NasdaqCM
6.64 Up 0.41(6.58%) 10:43AM EST
Maybe we can get these pricks to cover, lol
Short % of Float (as of Jan 15, 2016)3: 34.31%
The U.S. Preventive Services Task Force will hold a 30-day public comment period and issue a final recommendation in 2016.
http://www.bizjournals.com/milwaukee/news/2015/10/06/exact-sciences-shares-plunge-after-product-snubbed.html?ana=yahoo
Microsoft Corporation (MSFT) -NasdaqGS
52.06 Jan 28, 4:00PM EST
Pre-Market : 54.50 Up 2.44 (4.70%) 9:15AM EST
The company posted fiscal second-quarter adjusted earnings per share of 78 cents on $25.69 billion in revenue. Analysts had expected Microsoft to report earnings of about 71 cents per share on $25.26 billion in revenue, according to a consensus estimate from Thomson Reuters.
lol- my short term in less than a year
I took a small position in EXAS at 6.28 today. Digging a little and saw that Blackrock Capital added 700K shares a couple days ago. Earnings come out next month, so thinking they may know something. Also, a director did a direct purchase of 15,000 shares at $6.99 a couple weeks ago.
This is in my trading account- not looking for long term hold
I guess I shoulda held mine
timhyma Member Level Grandfathered Member Wednesday, 05/08/13 03:26:56 PM
Re: stuffit post# 84100
Post # of 108969
stopped out on MDLZ at 30.92 for a 13% gain
Thanks- I doubt I'll ever recover on this one- renewable energy is a crap shott
Thanks- I may be a buyer under $6
So, any thoughts on EXAS?
some:
timhyma Member Level Grandfathered Member Saturday, November 14, 2015 8:39:33 AM
Re: EZ2 post# 108153 Post # of 108941
VLY- Sold my trading shares I bought in January at $11.18 for a 25% gain. Still hold my long term share I bought under $9
Valley National Bancorp (VLY), the holding company for Valley National Bank, today reported net income for the fourth quarter of 2015 of $4.7 million, or $0.01 per diluted common share as compared to the fourth quarter of 2014 earnings of $25.1 million, or $0.11 per diluted common share. The 2015 fourth quarter earnings included several infrequent items highlighted in the section below, including a previously disclosed $51.1 million loss on the extinguishment of higher cost debt.
Net income for the year ended December 31, 2015 was $103.0 million, or $0.42 per diluted common share, compared to 2014 earnings of $116.2 million, or $0.56 per diluted common share.
Wells Fargo & Company (WFC) today announced a quarterly common stock dividend of $0.375 per share. The dividend is payable March 1, 2016, to stockholders of record on Feb. 5, 2016, as approved today by the Wells Fargo board of directors. Wells Fargo has approximately 5.1 billion shares outstanding. The Wells Fargo board of directors also increased the company’s authority to repurchase common stock by an additional 350 million shares.
8:10 am Freeport-McMoRan beats by $0.17, reports revs in-line (FCX) :
•Reports Q4 (Dec) loss of $0.02 per share, $0.17 better than the Capital IQ Consensus of ($0.19); revenues fell 27.5% year/year to $3.8 bln vs the $3.82 bln Capital IQ Consensus.• Consolidated sales totaled 1.15 billion pounds of copper, 338 thousand ounces of gold, 20 million pounds of molybdenum and 13.2 million barrels of oil equivalents (:MMBOE) for fourth-quarter 2015.
•Consolidated sales for the year 2016 are expected to approximate 5.1 billion pounds of copper, 1.8 million ounces of gold, 73 million pounds of molybdenum and 57.6 MMBOE, including 1.1 billion pounds of copper, 200 thousand ounces of gold, 19 million pounds of molybdenum and 12.4 MMBOE for first-quarter 2016.
•Consolidated unit net cash costs averaged $1.45 per pound of copper for mining operations and $16.17 per barrel of oil equivalents (BOE) for oil and gas operations for fourth-quarter 2015.
•Consolidated unit net cash costs are expected to average $1.10 per pound of copper for mining operations and $15 per BOE for oil and gas operations for the year 2016.
•Operating cash flows totaled $612 million for fourth-quarter 2015 and $3.2 billion for the year 2015. Operating cash flows for the year 2016 are expected to approximate $3.4 billion (Prior guidance $6.8 bln)
• Capital expenditures for the year 2016 are expected to approximate $3.4 billion (Prior guidance $4.0 bln), including $1.4 billion for major projects at mining operations and $1.5 billion for oil and gas operations, and excluding $0.6 billion in idle rig costs.
Revised Operating Plans
• FCX today announced additional initiatives to accelerate its debt reduction plans and is actively engaged in discussions with third parties regarding potential transactions.
•Several initiatives are currently being advanced, including an evaluation of alternatives for the oil and gas business (FM O&G) as well as several transactions involving certain of its mining assets. FCX expects to achieve progress on these initiatives during the first half of 2016.
Cash Flow Guidance
•Based on copper prices of $2.00 per pound and Brent crude oil prices of $34 per barrel, FCX estimates consolidated operating cash flows of $3.4 billion (net of approximately $0.6 billion in idle rig costs) and capital expenditures of $3.4 billion for the year 2016.
•The impact of price changes on 2016 operating cash flows would approximate •$440 million for each $0.10 per pound change in the average price of copper,
• $55 million for each $50 per ounce change in the average price of gold,
•$60 million for each $2 per pound change in the average price of molybdenum and
•$135 million for each $5 per barrel change in the average Brent crude oil price.
•Using similar price assumptions and the recent 2017 future price of $40 per barrel for Brent crude oil, FCX estimates consolidated operating cash flows of $3.5 billion (net of approximately $0.4 billion in idle rig costs) and capital expenditures of $2.3 billion for the year 2017.
So, looking at the volume of the market- not really impressed with today's move. I think we have some more "suffering" ahead
lmao- good point
-19 this morning at the house