Anyone who has read the earnings transcript can easily fill in the blanks that this should not have been a near -20% drop
Someone REALLY BADLY WANTS YOUR SHARES
There is no way this should have dropped as much as it did which means big hands are manipulating the stock.
The headlines are reading ' miss on revenue '
But ignore adding cash to balance sheet and a successful in process to a recurring revenue model that has almost already stabilized.
Where this stock is at now is when the iphone stopped being reported by apple -- their revenue was about to come from another area... this was not favorable for investors but if you look back on when would have been the time to buy apple, it is exactly this time.
Someone REALLY BADLY WANTS YOUR SHARES
There is no way this should have dropped as much as it did which means big hands are manipulating the stock.
The headlines are reading ' miss on revenue '
But ignore adding cash to balance sheet and a successful in process to a recurring revenue model that has almost already stabilized.
Where this stock is at now is when the iphone stopped being reported by apple -- their revenue was about to come from another area... this was not favorable for investors but if you look back on when would have been the time to buy apple, it is exactly this time.
Comment:
Minimum target as calculated from a reasonable PE and their cash flow -- $16-$18 MINIMUM