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Craig Tess

 
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  • Performance Technologies: Expect Serious Performance From This Potential Multi-Bagger [View article]
    It will if the people holding the shares don't sell them.
    Dec 13 03:10 PM | Likes Like |Link to Comment
  • Crossroads: Data Storage Turnaround And IP Story Could Yield Multi-Bagger Return [View article]
    ultima: Are you short the stock?
    Dec 12 05:14 PM | Likes Like |Link to Comment
  • Pandora's Business Model Doesn't - And Can't - Work [View article]
    Andrei I agree with you, but that's the bull's case and think it would be beneficial to discuss those implications. Short: P
    Dec 11 06:41 PM | Likes Like |Link to Comment
  • Pandora's Business Model Doesn't - And Can't - Work [View article]
    Could you please run your numbers assuming Pandora increases its ad load by 4 times? The royalty per ad and delivery per ad would fall. Not enough to justify the market cap, but I'm interested in the numbers.
    Dec 11 05:03 PM | Likes Like |Link to Comment
  • Performance Technologies: Expect Serious Performance From This Potential Multi-Bagger [View article]
    If you sold your stock, during the run up after your article was published.
    Dec 10 08:27 AM | Likes Like |Link to Comment
  • Veeva Systems: SaaS's Biggest Bubble And Tech's Best Short [View article]
    Long June $40 puts
    Dec 8 11:39 PM | 1 Like Like |Link to Comment
  • Veeva Systems: SaaS's Biggest Bubble And Tech's Best Short [View article]
    Lock up for original investor ends in April
    Dec 6 04:19 PM | Likes Like |Link to Comment
  • Veeva Systems: SaaS's Biggest Bubble And Tech's Best Short [View article]
    It's not on interactive or eTrades available short list.
    Dec 6 02:02 PM | Likes Like |Link to Comment
  • Veeva Systems: SaaS's Biggest Bubble And Tech's Best Short [View article]
    Diluted EPS $0.05. Revenues rose 10% Q/Q. Projected revenues to increase only 5% Q/Q. Net Income up 8% Q/Q and up only 14% Y/Y. EPS is expected to remain flat.

    If one was to believe the analyst forecast, an investor would be buying a company at 25 times projected sales with only 2% Q/Q which doesn't make much sense to me.

    Short:: VEEV
    Dec 5 09:59 PM | Likes Like |Link to Comment
  • Veeva Systems: SaaS's Biggest Bubble And Tech's Best Short [View article]
    I can't short it through my brokerage... What's the normal time frame for issues to be shortable (sp)? Also is there a lock up period?
    Dec 5 09:58 PM | Likes Like |Link to Comment
  • Veeva Systems: SaaS's Biggest Bubble And Tech's Best Short [View article]
    I understand that a single quarter's earning don't matter too much. but it is interesting, if not concerning, that published revenue and EPS estimates are so low. I think few VEEV owners would be pleased with a mere 2% revenue increase, but headlines will read VEEV increases revenue by 15% beating analyst expectations by 13%.

    On a separate note, this short idea is more convincing than Pandora, Netflix and Amazon, three highly debated stocks, because their bull thesis (besides substantial revenue growth) is modest cost cuts (or Amazon simply cutting its R&D) and operating leverage will produce substantial net income. With VEEV, there isn't room for much spending reductions, and the business isn't operationally leveraged.

    Napkin numbers:
    If VEEV generates $250M in revenue in 2014 (highly possible outcome), obtains 70% gross margin (a 9% increase from PQ), it's other costs remain flat ~$80M, and is taxed at 35%, the company makes $62M. Discount that at 10% (subscription earnings, low beta) and growth at 7%. The stock is worth $2.1B and would trade at a hefty but realistic PE of 33.
    Dec 5 03:36 PM | Likes Like |Link to Comment
  • Entrec Corporation: A 20% FCF Yield And Poised To Grow [View article]
    Goodwill=FV Purchase consideration-(FV Assets-FV Liabilities) not book value.
    Dec 4 08:27 PM | Likes Like |Link to Comment
  • Entrec Corporation: A 20% FCF Yield And Poised To Grow [View article]
    Does it trade in Canada?
    Dec 4 11:51 AM | 1 Like Like |Link to Comment
  • Performance Technologies: Expect Serious Performance From This Potential Multi-Bagger [View article]
    Valuable insights, I'd like to hear your thoughts...
    Dec 2 11:56 AM | Likes Like |Link to Comment
  • ATMI: On The Cusp Of A Major Revaluation [View article]
    I agree with Philip. The writer discloses to everyone reading that he or she has a position in the stock being discussed. So if you think that owning the stock taints the writer's judgement, then don't rely on the author's thesis or arguments.
    Maybe requiring the author to disclose subsequent sales would be beneficial. I would like to see if the author pumps and dumps a stock.
    Dec 1 01:04 PM | 4 Likes Like |Link to Comment
COMMENTS STATS
92 Comments
37 Likes