Updated: 05.05.13 Hello, My name is Todd Johnson. Iām a family man, sports fiend, health nut, technology buff, long-time stock investor and a very lucky mountain climber ā hardly enough to completely distinguish me from many 50 year-old males living in Albuquerque, or anywhere else for that... More
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My bad .11 cents after compensation .5 cent beat. The first headline was kind of confusing.
Growth is ramping....... Net income attributable to Qihoo 360 was a record at $11.1 million, an increase of 411.5% from $2.2 million in the second quarter of 2010.
LOL! I think short term its old high will be the new target which is around $36.00 but if the overall market is not good than I think $20-28 will be the trading range for the rest of the year.
360 Technology beats by $0.10; guides Q3 revs above consensus (QIHU) 23.25 +1.50 : Reports Q2 (Jun) earnings of $0.11 per share, $0.10 better than the Capital IQ Consensus Estimate of $0.01; revenues rose 176.6% year/year to $35.1 mln vs the $29.0 mln consensus. Co issues upside guidance; co sees Q3 revs of $41-42 mln vs $31.6 mln consensus.
Should of known it would be a 4% down day after one of my stocks announces a blow out quarter. I don't get GS trading @ 0.75 of book maybe 8-9x earnings .
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August 15th Challenge: BULRUN100 26 comments
Game on. :)
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Cjes $26.59
Agnc $29.11
Qihu $21.82
Gs $116.47
Bulrun100 - I have no sway on the markets! :) I am Joe Sixpack. I am a commmoner, a proleteriat.
CJES is doing ok because of it's growth rate. Are you suggesting you would like to swap one of your two picks for "CJES"? ;)
They use Chinese accounting. :)
todd@muddywaters.org
Growth is ramping.......
Net income attributable to Qihoo 360 was a record at $11.1 million, an increase of 411.5% from $2.2 million in the second quarter of 2010.
It will come down to earth in 3-months. ;)
Todd -5.10%
Bulrun100 -3.30%
Bullrun100 -
You crushed me like a grape!!! Kudos my friend.
Todd
<sarcasm>if you are backing out, I ican accept that....just send me a pm </sarcasm>
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