Decisions, decisions.
Just in case you’re wondering why I want to sell one of them, quite frankly, you’re retarded. I don’t like being in the position that I am in. My basis on these 4 stocks are all very high and, realistically, if I do not put some real money behind 2 of them, I am going to be holding them for a long, long time.
So what’s wrong with holding them for a long, long time?
Well, I do not like the market to control me. I invest creatively and need to have moving parts in order to maximize my potential. Keeping me constricted to these four stocks has hurt me in many ways over the past 6 weeks.
I threw these stocks into The PPT to analyze their metrics, have a look.
As you can see, FEYE is down the most, while the other three are pretty much in lock-step to the downside, with a correlation around 1. I think the reason why FEYE is down more is due to a lower institutional shareholder base, which as you can see is markedly lower than the other three. In the social media poll posted in the previous post, the majority of you said to sell FEYE. The reason is pretty simple: it was the first option in the poll and has underperformed the other three.
As humans, we tend to avoid pain and most normal people avoid conflict (with marked exception to the lunatics in my comments section). So I expected FEYE would be tossed into the volcano. Quite frankly, I chose FEYE too, as it is my largest position and is the main source of loss for me, over the past 6 weeks. The size of my FEYE position is almost twice as large as the other three. Selling it will certainly leave a scar, but allow me to raise a lot of cash to be put to work smartly.
Even though FEYE has the highest growth, they also have less cash than the other three, lower gross margins than two of them and a much higher price/sales ratio.
But SPLK has the slowest growth, largest float and smallest short position, which is important to have if the market reverses higher. With YELP’s 9.4% of the float short, should this market rally, those fools will run for cover at the first site of danger–sending the stock screaming higher.
Another option would be to really leverage up and swing for the fences. However, that would be hard-core gambling and I am not up for the risk.
I guess it will come down to price action, at the end of the day. I will make my final decision by Monday.
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Of those 4 horsemen, there is only one that I’ve witnessed you *repeatedly* chide yourself over the past couple years for not owning more of, lower.
Yeah, I doubt it YELP will be dropped. Don’t do it Fly!
Selling FEYE would just be stupid. I would sell SPLK into this rip. YELP WDAY and FEYE trade much better.
SPLK has been the strongest of the four. Just by looking at the charts you can see this.
all history
You mean charts dont tell the future? Heretic!
SPLK is a winner you ass hats. FEYE is the sad clown – particularly compared to PANW, but they will all beat and raise this Q anyway
Glad to hear you’re cutting losses on some of these. They’re all great companies poised to grow for a long time, the problem is they could all still drop another 50% or more in the short term based on their current revenues & earnings. The risk is too high if you don’t have a 10+ year outlook.
do i get a mention for being the first to call them the “4 horsemen”?
https://www.youtube.com/watch?v=_9k6Mf-FfXQ
Sell them all
A great thing about doubling down on a losing position is seeing the loss % cut in half.
Yes better to lose 10% in a 20% position than 20% in a 10% position. Math wasn’t your strong point in school was it?
Wow you really are an idiot.
What would George Costanza do?
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… when I’m faced with a difficult decision I always ask myself …
… what would “Teddard” do ?
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He ALWAYS has ALL the answers !
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He’s in aerospace, after all.
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Exactly !
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fwiw $FEYE one tier 1 bank billings estimate, say conservative as well.
550mln ’14, 790mln ’15, 1,090bln ’16, 1,365bln. ’17…billings-revenue
and yet it doesnt stop going down. stop justifying a losing trade.Sellers > buyers, until we see the inverse of the current relationship those facts dont matter.
I wouldn’t sell FEYE down here. I don’t think it goes materially below 44.85, although this owes only to a support area and Fibonacci and trendline/channel voodoo on my part.
SPLK would be the one I’d unload due to the clear channel break. I doubt it closes today above $67.62, and it likely heads down again next week.
The Fly is a space alien magician extraordinaire.
Glad to see you were finally able to dislodge your boyfriend’s cock that has been camping out in your esophogus for the last 12 hours, welcome back buddy!
stop, that is fake jeremy
lol funny though
Good offering: WB
Greetings Mr. Fly,
I know you do not like financial advise and I am not planning to give you any as we are all grown ups here and we make our own decisions. I want to point out that as you wisely decide to get out of some positions to consider the following stocks: SD and EOG. EOG is doing the 100 roll (as indicated to you a while back) and SD is braking up from a consolidation pattern today. Good luck in what ever you decide to do… My 2 cents
That ain’t “averaging down”.
WB, typical goldman con job, open it below pricing, smoke everyone out and then run it. great buying opp
The WNR is stabbing bears in the eye.
I’ve been trading FEYE from ~49 – 55 and then from 46ish. Never been in it before. I’m holding up to the earning date in early May. Don’t know if I’d sell down here.
Feye action reminds me of ivillage.com chart back in 99
Oh please. I was trading in 1999. This is nothing like that.
how do you figure? It goes down every day without any lift.
I wasnt saying on a fundemental basis
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Berkshire Hathaway (BRK/A) hitting 20 year HIGHS today !
Just bought 100k shares !
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😉
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I sold you the 100k shares. Needed some drug money for the weekend.
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… say hello to Sid and Nancy !
Oh wait … they’re both dead !
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FEYE breach it’s gap from 1/3/2014 but has not filled it all the way yet. Not that it *has* to do a full gap fill, but once a gap has been breached at all they usually fill all of the way sooner than later. (for what it’s worth full gap fill on FEYE is $41.25)
all 4 are garbage stocks. watch them get routed over the next few weeks
why are they garbage stocks?
They’re the best companies in America you faggot
nohomo is talking about the stocks, not the companies
So he feels they are over-vauled?
He is just saying the stocks of these companies act like shit and go down all the time, and the charts are broken. I wouldn’t pay it much attention if you are a true fundamental investor.
Go hard or go home: keep FEYE.
“FEYE has the highest growth”…enough said. If you’re on the bull thesis & believe in growth, America & shoving bears down stairs, FEYE is the play.
The majority voting for FEYE as the one to drop is a plus: more pikers piling back in on the way up.
None of you do any work on this shit at all do you.. they bought a company…that’s not organic