Shares of enterprise cloud software provider Workday (WDAY) are up nearly 14% today after reporting fourth quarter sales that beat expectations, and grew a whopping 43% year over year (despite guiding the current qtr lower). …
Continue readingGAAP
Prior to Facebook’s (FB) Q4 results on Jan 27th, we detailed a bearish put butterfly in February expiration that we considered as an outright bearish trade, or thought fairly suitable for near the money protection …
Continue reading
Event: LinkedIn (LNKD) reports Q4 results tonight after the close. The options market is implying about a 12% one day move which is essentially in line with the average one day move over the last 4 …
Continue reading
Event: Google (GOOGL) reports Q4 results tonight after the close. The options market is implying about 6.5% one day move vs the 4 qtr average one day move of 7.4% and the 10 year average …
Continue reading
When it comes to investing, taking a skeptical view to consensus thinking, with an eye towards risk management is a good thing. It may help you to lose less (or even make money) when popular opinion shifts …
Continue reading
Last night SalesForce.com (CRM) reported better than expected Q3 results and the stock is trading up 6%, breaking out of a seven month range to new all time highs: Today’s gains of about $3.5 billion …
Continue reading
Shares of Google are up 6% in the pre-market on news that they are changing their corporate structure, with an eye towards greater transparency and accountability for emerging businesses. You can reader far smarter peeps than …
Continue reading
Yesterday I did a quick preview of Facebook’s (FB) Q2 earnings results due tonight after the close (below), but I want to add a couple comments. First things first, Facebook is a universally loved stock …
Continue reading
Zillow is a stock that we have not understood for most of its 500% gains from its December 2012 lows. We surely understand momentum, and this stock has had that. We definitely understand why valuation does …
Continue reading
TTWO was a favorite stock of ours to start 2014 for two main reasons – cheap valuation, and a great lineup of games. Since our purchase 6 weeks ago, the stock has gone up more …
Continue reading