With regards to Ambarella, the company just blew away earnings–proving Mr. Assbahi’s ‘channel checks’ more than false, but fabrications.
In summary, I believe this gent purposely published his “hit piece” on Seeking Alpha with the intent to affect the share price, all the while holding a short position in advance of this occurrence. Or, he’s just an irresponsible hack.
Either way, I eagerly await his response to AMBA’s blow out quarter and read what he’s been up to, over the past few weeks? Did he cover his short position, after his stupid article jacked the stocks for 10%+?
The word wants to know.
Either way, I won and will be funding dinner this evening with his losses.
If you enjoy the content at iBankCoin, please follow us on TwitterAmbarella beats by $0.07, beats on revs (15.34 +0.14)
Reports Q2 (Jul) earnings of $0.26 per share, $0.07 better than the Capital IQ Consensus Estimate of $0.19; revenues rose 34.6% year/year to $37.7 mln vs the $35.99 mln consensus.Gross Margin: Gross margin on a non-GAAP basis for the second quarter of fiscal 2014 was 61.9%, compared with 69.2% for the same period in fiscal 2013.
Commentary: “We continue to enjoy solid success in professional and consumer IP security markets, where we are delivering cost effective, feature rich solutions for technically demanding products. In addition to our security market success, our wearable sports and automotive camera markets continue to grow, contributing to our strong year-over-year growth.”
i never paid huge attention to Seeking Alpha after hearing stories about blatant lies, stealing writing and the such….interesting to see it play out exactly that way. His article was so awful that it discredits the entire site. But hey, it was a great fade.
And may he burn in Hell
the CVV guy will be on food stamps after a dramatic short squeeze.
The problem with seeking asshats is
I think dude deleted his twitter account. Poosi.
Aww.. The little girl deleted his twitter account. With any luck he’ll never write an article on that shitty website again, but that is undoubtedly wishful thinking.
AMBA winner again,,,lets burn this goon
POWI about to rip higher…have full position size
Hey Mr. Fly, Immersion just signed a multi-year deal with a Chinese smartphone maker. Up to 14.00 aftermarket.
Yes of course
I like the way you move Le Fly. That is all.
For crying out loud, I’ve been posting here for 3-plus years and suddenly I have to sign in with Word Press? Waited for my password information that they said they would send me it never got sent, so now I am flyaway17 instead of . Anyway, is The Devil ever returning or was his guest stint a flash in the pan?
Instead of flyaway18, both are lucky numbers for me 🙂
Bread and Circus. Interesting fanatical need for the pigskin’s first game. Gamblers paradise.
its nice that all the gremlins have been eradicated from these hallowed halls since you added the “login” requirement.
Well played Sir! I held out for the earnings report