thinks cheese is a good thing
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LYB and the bear. As a contrarian I am riding 2 longs into tomorrow ... pray after tomorrows hopeful little bounce I do not have to be long anything again until the dows at 6. 6 pts. not 6000.
do like LYB as a long actually though. stelllar earnings a few days back. victim of the market ... good article on methanol
http://www.fool.com/investing/general/2014/02/03/why-is-china-buying-so-much-methanol.aspx
good link. good adds to watchlist forsure.
exactly. saw the upped guidance tweets prior.
TTWO. its not. happy i pulled bet, mad i lost gapper and CONFUSED its not up. Kill on eps and rev and guided up .. guess just this much market fear and with recent rise priced in????????
edit.... ahhh misread.... lowered guidance
guess overall im happy. better to lose the contest then my money.
STELLAR EARNINGS !!!!! CRAPPY GUIDANCE !!!!!
$210.7 million, or $1.70 a share, on $767.7 million. By that measure, Take-Two topped the estimates of analysts surveyed by FactSet, who forecast the company to earn $1.40 a share on $707.4 million in sales. Take-Two said its results were helped by strong sales from its "Grand Theft Auto" and "NBA 2K" game franchises. However, for its fiscal fourth-quarter, Take-Two forecast earnings excluding certain items of zero to 10 cents a share on revenue between $170 million and $200 million. Analysts had earlier estimated Take-Two to earn 12 cents a share on $212.1 million in sales for its fourth quarter
ttwo. sweet. thats why i ended up selling thought earnings might be priced in with the current run. still surprised with such a beat that its not higher but today was bloody. wheewwwwww. not sick. but gonna lose gapper contest ;(
omg. i think i will be ill bought ttwo calls at a GREAT price into earnings. sold with 5 minuttes left. changed my mind .. had 18 at 1.5
NEW YORK--(BUSINESS WIRE)--
Take-Two Interactive Software, Inc. (TTWO) today reported strong financial results for fiscal third quarter 2014, ended December 31, 2013. In addition, the Company increased its financial outlook for fiscal year 2014, ending March 31, 2014, and provided its initial financial outlook for fiscal fourth quarter 2014, ending March 31, 2014.
GAAP Financial Results
For fiscal third quarter 2014, GAAP net revenue increased to $1.86 billion, as compared to $415.8 million for fiscal third quarter 2013. GAAP net income from continuing operations was $578.4 million, or $4.69 per diluted share, as compared to $70.9 million, or $0.66 per diluted share, for the year-ago period. As of December 31, 2013, the Company had cash and cash equivalents of $972.2 million.
Non-GAAP Financial Results
For fiscal third quarter 2014, Non-GAAP net revenue grew to $767.7 million, as compared to $405.0 million for the year-ago period. Non-GAAP net income increased to $210.7 million, or $1.70 per diluted share, as compared to $78.8 million, or $0.67 per diluted share, for the year-ago period.
The largest contributors to net revenue in fiscal third quarter 2014 were Grand Theft Auto V®, NBA® 2K14, and WWE® 2K14. Non-GAAP net revenue from digitally-delivered content grew 42% year-over-year to $132.8 million, driven by the Grand Theft Auto series, the NBA 2K franchise, and offerings for Borderlands® 2 and BioShock® Infinite. Catalog sales accounted for $113.0 million of Non-GAAP net revenue led by offerings for Borderlands 2, the Grand Theft Auto series, XCOM®: Enemy Unknown, BioShock Infinite, and Sid Meier’s Civilization® V.
Management Comments
“Take-Two’s business continued to outperform expectations significantly during the fiscal third quarter,” said Strauss Zelnick, Chairman and CEO of Take-Two. “Our results were driven by robust holiday demand for Grand Theft Auto V, the franchise record-breaking launch of NBA 2K14, the successful release of WWE 2K14, and strong growth in digitally-delivered revenues led by Grand Theft Auto Online. Take-Two was the top video game publisher of 2013, according to the NPD Group, underscoring our positive momentum over the past year.
“As a result of our third quarter performance, we have once again raised our revenue and earnings outlook for fiscal 2014, which is poised to be a record year for Take-Two. Looking ahead, we firmly expect to deliver Non-GAAP earnings in fiscal 2015 and every year for the foreseeable future. This confidence is based on our development pipeline of groundbreaking new intellectual properties and offerings from our proven franchises, which bear the hallmark of our commitment to provide the highest quality entertainment experiences.”
Business and Product Highlights
Since October 1, 2013:
lol. all these high flyers will get hurt on this correction imo. IF its actually here
im still not convinced. could bounce tommorow for all i know.
i really like it. Trying to keep something in bull frame think its a good choice.
ok for the next hour I am only a bull. out UA at a loss but nice recovery. in vix puts and lyb calls. This market is way overcorrected should be at 20k on dji. sure sure. just a small bounce into close .. my bet
did offset bear mentality with a long in LYB. they killed on earnings and like chart. just a viction of todays market and IMO either cant fall much more and/or bounce on a market bounce
jessh had to leave so sold a both tgt and fb short way to early!!!! holding ua short
yea. does seem a bit orderly. spy just broke new lows though. another leg down maybe
F ... 9:31 am Ford Motor reports January sales decreased 7% y/y to 154,644 total vehicles; retail sales decreased 5% y/y to 113,721 vehicles
Tanker SU
gapper TTWO
FB. If your like me and think it gets uglier today FB a nice short flip for the day IMO
looking good right now for da bears. palying anything. short ua and tgt here
you nailed it on the head. My small unit is exactly why im a bear.
morning guys. being a bear is all of out flaws. LOL
superbowl sucks. futures staying about even from friday close. nikkei getting slammed down 1.5% .. suspect futures get ugly soon enough. JMHO
cya all next week
very pretty chart
sucks man.
hmm yep vxx just gained a buck and vix .80 cents in like 10 minutes.
have a good one
markets staying in a very tight range. gonna break one way or the other soon. hope down
well currencty issues and commodity increases wouldnt help in the end either and market would see right threw it. IMO. we see a good correction here soon 1929?? not sure but regardless do for a good fall IMO
ohh contraire monfraire ... no bounce on monday.
LOL .. love KT's face there. He is just throwing out the sex eyes
die LULU, die UA, die AAPL, die TGT
2014 Entry=FDO
2014 Entry=JCP
i saw that correlation. amazing comparison
oh crap I misread cause of first statement. "CONTEST Objective is to have the Highest Percentage Gained, or to be The BIGGEST Loser" back to the drawing board then I guess. Both my picks were shorts.
I bet on one. but then again im a moron so ....