FFIV $145.76 52 week high on 1/13/11 AH down to $107.60!!!!
- Thread starter S2007S
- Start date
It might not have deserved the price it was at but it does have a very large earnings growth path. Not out of line with many other growth companies. It did miss on revenue but not by much ($268.9 million vs. est of 270.3) They also beat adjusted earnings.
I think the real pressure came from the forward guidance. $275M-280M vs est of $280M
I started buying some in after hours looking for a pop tomorrow. It does appear to be overdone in the sell off to me. Especially after listening to the conference call and looking at the numbers in a spreadsheet. I am not going to get married to it but we see over reactions like this all the time. CREE was a good example today. It never traded as low as the close in after hours yesterday after their earnings came out.
Best
RW
I think the real pressure came from the forward guidance. $275M-280M vs est of $280M
I started buying some in after hours looking for a pop tomorrow. It does appear to be overdone in the sell off to me. Especially after listening to the conference call and looking at the numbers in a spreadsheet. I am not going to get married to it but we see over reactions like this all the time. CREE was a good example today. It never traded as low as the close in after hours yesterday after their earnings came out.
Best
RW
Just imagine the person who went long the 125 jan puts for 45 cents a contract today.
Option seller talking to neighbor feeling a bit proud of his new boat he bought being smarter than the market. "Look, I sell these way out of the money options that will NEVER get exercised and I make basically free money"
"You should take a look at it as its almost impossible to lose".....LOL
"You should take a look at it as its almost impossible to lose".....LOL