TheDane
4 days ago
If the financials are accurate, and it seems they are, and with tue revenue rolling in as expected, how is this not $30 to $50 undervalued at this moment? A buying op for sure. When, is the key. Wait for a bottom and load up, which nobody can predict, or just start buying small bits and wait for a trend change.
Markets are in turmoil and everyone and their second cousin are predicting doom and recession, and then seem surprised that consumer confidence is low. And then they scream that low consumer confidence is signaling recession!
Jeez.
fung_derf
6 days ago
So, first off, thanks for posting that link.....
It seems to me like Charles Liang may either be a cockeyed optimist or Nostradamus. He throws out a lot of very large numbers. It's no wonder the analysts are hesitant.
With that said, I notice the CFO found it very important to add this....
David Weigand -- Chief Financial Officer
Thank you, Charles. Please note, these numbers are preliminary and unaudited, subject to some change upon completion of review by management, our audit committee. And additionally, our independent audit firm has not completed its review procedures with respect to this preliminary financial information. So, to start, again, we expect Q2 fiscal year '25 revenues in the range of $5.6 billion to $5.7 billion, up 54% year over year.
TheDane
1 week ago
I saw this on another boardโฆmakes senseโฆ
โ There is absolutely no doubt that the market is now going through a short squeeze and it should be very very obvious that Goldman needed to protect a large short position, hence the pathetic commentary that makes absolutely no sense given the growth this company is projecting. In the old days, this kind of manipulation was illegal. The last run to $65 caused some huge losses for shorts and they won't just let it happen again. But what is always interesting is that in the market people get emotionally tied to a specific stock and can't let it go. They shorted it once and it may have been profitable. But then they get emotionally tied to it. Instead of going on to the next stock, the next trade, they have to stick with the one they married, thinking they "know" the stock. Think about it, of all the stocks out there, why would you continue to short this one who has turned the corner and is now projecting 50% growth? Especially at these low levels! It's trading today at around 11 times next years earnings projections. The stupidity of these professionals is amazing.โ