"You are fired," GigaOm founder Om Malik tells LinkedIn (LNKD). Malik, who has deleted his LinkedIn account, was unhappy with the volumes of "unwanted email" he received from the service, and had little use for it regardless. "LinkedIn calls itself a business social network, but much like Facebook (FB) it is very asocial — my word for any social service that lacks emotion, empathy and understanding of how real people live and use their offering." [View news story]
What on earth makes you think I'm a day trader? The very fact that I can state revenue lines and net margin numbers should tell you that I actually look at companies. FYI the oldest position I hold is from 1988. But don't let your biased opinions get in your way. Or is it because you are a SA contributor you have some inflated sense of self? LOL I have bad news for you, they asked me to write as well.
When I was calling for RIMM to fall apart 2yrs before it finally did, people ragged on me for that. FSLR as well. People still think FSLR is going to recover.
My opinions are based on what I believe the company can do. If you don't like it that's fine. But, it says something about you that you have to resort to negative comments to make yourself feel better or try to look better to people reading this site.
Having snapped up Instagram, Facebook (FB) needs to turn its sights on acquiring Pinterest, argues Christopher Lochhead. Pinterest is the "hottest user-generated content app since YouTube," and while the value of Facebook activity has a short shelf-life, Pinterest content tends to retain its value longer. One thing's for sure: the Instagram deal makes clear Facebook isn't scared to pay top dollar for a market-leading rival. And top dollar might be necessary here. (previous) [View news story]
Spotify should be next IMO and they need to do it in a hurry as it's already valued over 1B based on PE investments.
"You are fired," GigaOm founder Om Malik tells LinkedIn (LNKD). Malik, who has deleted his LinkedIn account, was unhappy with the volumes of "unwanted email" he received from the service, and had little use for it regardless. "LinkedIn calls itself a business social network, but much like Facebook (FB) it is very asocial — my word for any social service that lacks emotion, empathy and understanding of how real people live and use their offering." [View news story]
It trades at 920x current earnings. To earn 3B in 3yrs means a massive 575% incr in revs over that time frame. The law of large numbers will have an impact and it's highly unlikely IMO. Even in 5yrs that's over 100% per year. What about multiple compression over that time? Best case scenario is the stock is more or less unchanged in that time. You ask what happens when it beats? I ask what happens when it misses as it surely will at some point. It's still in hypergrowth phase right now, but there are no barriers to entry, they provide little above other current services currently, and they still have pathetic margins. For an internet based company to have less than 5% net margins is appalling...much less at this early stage in their life.
"You are fired," GigaOm founder Om Malik tells LinkedIn (LNKD). Malik, who has deleted his LinkedIn account, was unhappy with the volumes of "unwanted email" he received from the service, and had little use for it regardless. "LinkedIn calls itself a business social network, but much like Facebook (FB) it is very asocial — my word for any social service that lacks emotion, empathy and understanding of how real people live and use their offering." [View news story]
LNKD's value is far overdone at these levels. There's no way for them to grow into this multiple over the next 10 years much less the next 2-3. As Ive said repeatedly, they are a glorified jobs board offering nothing to the regular user. The anecdotal evidence is that more and more "experienced" people (i.e. people who already have networks and contacts) are walking away and that's Om's point. The new users are all freshly out of college trying to create a network. These are not revenue generating clients for LNKD.
Mattress Firm (MFRM +5.1%) CEO Stephen Stagner says the company will keep the pedal to the metal as it aims to expand up to 2.5K stores from its current level of 1K stores. As for that Best Buy Effect (i.e being a showroom for Internet buyers)? He sees the "touchy-feely" nature of Mattress buyers helping make having big physical stores a bonus. Shares of MFRM +21% since reporting FQ4 earnings earlier this week and +102% since last November's IPO. [View news story]
Their qtr was smoke and mirrors; no ROIC from M&A, ~60% of Q4 NI was from a one time acct'g function, have horrible net mgns below 5%, and they have almost no cash now yet have a mktcap of 1.5B. Wait til Childs exits in May? Look out below.
Needham says the pullback in Tesla Motors (TSLA -0.7%) is somewhat surprising since the company seems to be executing on its plan. The firm says the Model-S is still on track for a mid-year delivery, and the company is likely to give bullish guidance during its earnings call in May. The firm reiterates a Buy with a $40 price target. [View news story]
I was a bear on this company for a long time, but I'm bullish on them for now. They are getting their ASPs down making them more attractive to a larger group of people. The design work is very appealing and so far production is working. Hard to dislike them right now without a negative catalyst.
First Solar (FSLR +5.9%) was a surprising pillar of strength in today's down market, thanks to a report that funds have started to flow in from the Department of Energy for its Antelope project, easing concerns that the deal between FSLR and purchaser Exelon (EXC) may fall apart. [View news story]
I hate to break it to SA, but that news was out a few days ago. I have a hard time believing that's why the stock was up.
LinkedIn (LNKD -1.4%) is launched with a Hold at Needham, which says a premium valuation already reflects its strong business trends and competitive advantages. While the firm believes conservative guidance could continue to yield beat-and-raise guidance, "much of the potential upside is reflected in its premium valuation.” [View news story]
Too call where they trade a "premium" is hilarious. 900x with a near 200 ev/ebitda is OUTRAGEOUS for a firm with sub 5% net margins.
The greenback slides vs. the yen, euro, and sterling following the weak payroll report, but rises against the aussie and the loonie. The big move comes against the yen, dollar/yen falling 1.1% to ¥81.50. [View news story]
Typical knee jerk reaction around the Yen. Those with a view longer than next week know that there's big trouble in Japan.
In spite of all the hype surrounding its U.S. launch, Spotify has only obtained 3M users and 600K paid subscribers within the country, reports the NY Post. Restrictions on Spotify's free service have alienated users, and the $10/month charged for mobile streaming is too rich a price for many. Pandora (P), which had 47M active users at the end of January, must be pleased to see the report. [View news story]
While I won't pay for any premium music service, Spotify dominates Pandora in every conceivable way. I use Spotify every day and I love it. I don't care about the commercial that pops up every 3-4 songs. Spotify's relationship with Facebook is key and people are only just now getting acquainted with it.
After rocketing higher for nearly three years, gold prices finally appear to be falling back to earth - gold fell 3.5% to a 12-week low, and silver sank 6.7% - and here come the shorts. Gold is typically seen as a safe-haven investment, but lately it has acted as a more traditional commodity, suggesting it is still mainly driven by speculation. [View news story]
Sorry, but I disagree with everything you wrote. You either do not understand the purpose of gold as a currency or just outright deny it. Also, it is necessarily an investment. But, you show your own lack of investment understanding when you say investments must generate returns and gold does not. Returns don't have to come strictly in the form of dividends or interest. Last time I checked, capital gains count as well. Gold is up from 250 to 1625 in the last 10-12yrs while stocks have done zippo (more or less).
When countries around the world continue to devalue their fiat currencies through inflation, gold preserves buying power. Gold has also been money for over 5000yrs.
The bull market in stocks is going to run for the rest of the year, despite the market's already-outsized gains, says Byron Wien. “Over the past three months the pessimistic mood has changed to optimism,” Wien observes, and buying will continue to pick up as more equity "disbelievers" are converted, the economy improves and more companies follow Apple’s lead in paying dividends. [View news story]
Over half of all U.S. smartphone owners are now Android (GOOG) users, according to comScore's data for the 3-month period ending February, and another 30%+ use the iPhone (AAPL). The platforms had share gains of 150 bps and 70 bps, respectively, from the 3-month period ending January. The gains came at the expense of both the BlackBerry (RIMM) and Microsoft's (MSFT) legacy Windows Mobile platform. (also) [View news story]
Thats not the point. Point is RIMM is steadily losing share.
Research In Motion's (RIMM) North American smartphone share, long in freefall, may now be below 5%, says BlueFin's Paul Peterson, who believes RIM's much-criticized marketing efforts have been a dud. Peterson expects RIM's FQ4 unit shipments to come in at the low end of its guidance range when it reports on Thursday, and says his checks indicate RIM has significantly reduced build orders for the next 6 months. (also) [View news story]
$RIMM isn't undervalued when it's going the way of the DoDo. You can't look at P/Es in a vacuum. They are losing mkt share around the world with products that no one wants. Once Apple was cleared by the major financial firms, the gloves came off. Sure they have some value in their patents and other IP, but the more time passes the less valuable they become. They are years behind Apple and Samsung and it's obvious to anyone willing to pay attention. If they don't make a sincere effort to sell or merge, they will be finished. WHEN not if.
"You are fired," GigaOm founder Om Malik tells LinkedIn (LNKD). Malik, who has deleted his LinkedIn account, was unhappy with the volumes of "unwanted email" he received from the service, and had little use for it regardless. "LinkedIn calls itself a business social network, but much like Facebook (FB) it is very asocial — my word for any social service that lacks emotion, empathy and understanding of how real people live and use their offering." [View news story]
When I was calling for RIMM to fall apart 2yrs before it finally did, people ragged on me for that. FSLR as well. People still think FSLR is going to recover.
My opinions are based on what I believe the company can do. If you don't like it that's fine. But, it says something about you that you have to resort to negative comments to make yourself feel better or try to look better to people reading this site.
Having snapped up Instagram, Facebook (FB) needs to turn its sights on acquiring Pinterest, argues Christopher Lochhead. Pinterest is the "hottest user-generated content app since YouTube," and while the value of Facebook activity has a short shelf-life, Pinterest content tends to retain its value longer. One thing's for sure: the Instagram deal makes clear Facebook isn't scared to pay top dollar for a market-leading rival. And top dollar might be necessary here. (previous) [View news story]
"You are fired," GigaOm founder Om Malik tells LinkedIn (LNKD). Malik, who has deleted his LinkedIn account, was unhappy with the volumes of "unwanted email" he received from the service, and had little use for it regardless. "LinkedIn calls itself a business social network, but much like Facebook (FB) it is very asocial — my word for any social service that lacks emotion, empathy and understanding of how real people live and use their offering." [View news story]
But that's what makes a market.
"You are fired," GigaOm founder Om Malik tells LinkedIn (LNKD). Malik, who has deleted his LinkedIn account, was unhappy with the volumes of "unwanted email" he received from the service, and had little use for it regardless. "LinkedIn calls itself a business social network, but much like Facebook (FB) it is very asocial — my word for any social service that lacks emotion, empathy and understanding of how real people live and use their offering." [View news story]
Mattress Firm (MFRM +5.1%) CEO Stephen Stagner says the company will keep the pedal to the metal as it aims to expand up to 2.5K stores from its current level of 1K stores. As for that Best Buy Effect (i.e being a showroom for Internet buyers)? He sees the "touchy-feely" nature of Mattress buyers helping make having big physical stores a bonus. Shares of MFRM +21% since reporting FQ4 earnings earlier this week and +102% since last November's IPO. [View news story]
Needham says the pullback in Tesla Motors (TSLA -0.7%) is somewhat surprising since the company seems to be executing on its plan. The firm says the Model-S is still on track for a mid-year delivery, and the company is likely to give bullish guidance during its earnings call in May. The firm reiterates a Buy with a $40 price target. [View news story]
First Solar (FSLR +5.9%) was a surprising pillar of strength in today's down market, thanks to a report that funds have started to flow in from the Department of Energy for its Antelope project, easing concerns that the deal between FSLR and purchaser Exelon (EXC) may fall apart. [View news story]
J.P. Morgan's 15 companies it views as potentially the next Apple, sporting "secular growth opportunities, a strong market position and attractive valuation": NTAP, AMZN, LNKD, DIS, CMCSA, TRMB, QCOM, ACN, BRCM, VMW, TIBX, QLIK, ANSS, INTU, CREE. [View news story]
LinkedIn (LNKD -1.4%) is launched with a Hold at Needham, which says a premium valuation already reflects its strong business trends and competitive advantages. While the firm believes conservative guidance could continue to yield beat-and-raise guidance, "much of the potential upside is reflected in its premium valuation.” [View news story]
The greenback slides vs. the yen, euro, and sterling following the weak payroll report, but rises against the aussie and the loonie. The big move comes against the yen, dollar/yen falling 1.1% to ¥81.50. [View news story]
In spite of all the hype surrounding its U.S. launch, Spotify has only obtained 3M users and 600K paid subscribers within the country, reports the NY Post. Restrictions on Spotify's free service have alienated users, and the $10/month charged for mobile streaming is too rich a price for many. Pandora (P), which had 47M active users at the end of January, must be pleased to see the report. [View news story]
After rocketing higher for nearly three years, gold prices finally appear to be falling back to earth - gold fell 3.5% to a 12-week low, and silver sank 6.7% - and here come the shorts. Gold is typically seen as a safe-haven investment, but lately it has acted as a more traditional commodity, suggesting it is still mainly driven by speculation. [View news story]
When countries around the world continue to devalue their fiat currencies through inflation, gold preserves buying power. Gold has also been money for over 5000yrs.
The bull market in stocks is going to run for the rest of the year, despite the market's already-outsized gains, says Byron Wien. “Over the past three months the pessimistic mood has changed to optimism,” Wien observes, and buying will continue to pick up as more equity "disbelievers" are converted, the economy improves and more companies follow Apple’s lead in paying dividends. [View news story]
Over half of all U.S. smartphone owners are now Android (GOOG) users, according to comScore's data for the 3-month period ending February, and another 30%+ use the iPhone (AAPL). The platforms had share gains of 150 bps and 70 bps, respectively, from the 3-month period ending January. The gains came at the expense of both the BlackBerry (RIMM) and Microsoft's (MSFT) legacy Windows Mobile platform. (also) [View news story]
Research In Motion's (RIMM) North American smartphone share, long in freefall, may now be below 5%, says BlueFin's Paul Peterson, who believes RIM's much-criticized marketing efforts have been a dud. Peterson expects RIM's FQ4 unit shipments to come in at the low end of its guidance range when it reports on Thursday, and says his checks indicate RIM has significantly reduced build orders for the next 6 months. (also) [View news story]