iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,473 Blog Posts

Fly Buy: $AMBA

I don’t believe the Seeking Alpha hit piece on AMBA. The companies HQ isn’t even open yet and people are selling the stock like they missed earnings. I’ve made too much money betting against the clowns at SA than to sell here and realize a loss.

 

I added to AMBA under $14.20.

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13 comments

  1. TheHarper

    SA are clowns, plain and simple. Most of the guys who are short particular equitites write completely misleading articles, and the problem is that some of these guys are actually pretty smart, which makes their lies that much worse.

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  2. Slippery Pete

    Harper, why is NES getting destroyed today? Aren’t you super long that thing?

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  3. Captain Ahab

    This sums it up: http://i.imgur.com/eLzxv0d.png

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  4. Slippery Pete

    crickets

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    • TheHarper

      I am super long and will be till things actually change. Nothing has changed at the company, still early stages of growth. Stupid misleading idiots at SA write articles using assumptions that really dont make any sense at all.

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      • Your Nemesis

        Collapsing margins aren’t a sign of things changing? Open your eyes.

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        • TheHarper

          If you look into the past, margins had collapsed due to NES’s customers stopping and starting their drilling. Moving forward, Margins will expand, sir. Past results are no guarantee of future results.

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      • Your Nemesis

        Collapsing margins aren’t a sign of things changing? Open your eyes.

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      • Your Nemisis

        Collapsing margins are not a sign that things have changed? Denial ain’t just a river in Egypt.

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  5. AKwitdemBeamz

    “I’ve made too much money betting against the clowns at SA than to sell here and realize a loss.”

    Quote for M’F’n truth.

    Their bosses love it when you sell. My biotech Christmas tree is ablaze in green this morning. No bulbs are red…

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  6. noCigar

    Chicony’s numbers: y/y rev growth: July +6.2% June +20.4% May +9.3%

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