Square shares soar after revenue beats estimates, but analysts urge caution http://www.marketwatch.com/story/square-shares-soar-but-analysts-urge-caution-2016-08-04 Shares of Square Inc. shot up 19% in premarket trade Thursday, but analysts were urging investors to be cautious. On Wednesday, the company beat second-quarter revenue expectations and raised its annual guidance. The positive news for Square SQ, +10.58% was in almost direct opposition to Twitter -- both companies are helmed by Jack Dorsey -- which recently reported its worst-ever revenue growth.
Analyst Upgrade/Downgrade Update Brokerage firm: Pacific Crest Change: Upgrade Previous Rating: Sector Weight Current Rating: Overweight Previous Price Target: N/A Current Price Target: N/A
Recent Insider Trading: Multiple insiders selling, including the CEO dropping 100% of his share ownership
Zoom out to weekly, add a Keltner channel, it is mostly completely above the channel which turned positive in the first week of August 2016 since then it has doubled in value. From a charting perspective this is a great stock enough to get me interested in checking the fundamentals.
Love this company. But feels overvalued for the moment. Hope they grow. I think they will, or get bought. Post ER selloff feels likely.
With revenue still growing and the liabilities on the fall, a positive cash flow is looking to be their next big milestone.
The only reason this happened is because I wished for a cheaper price before earnings. The company looks great.
currently under the 4EMA, so it's probably a good buy-point. Anything under 4EMA has been consistently bought over the last weeks
This run is making me expect a significant dip any day. This rocket has cruised for a while. Thinking of selling to buy back at a sale.
The struggle is real for shorts. I’m serious... 2 week delayed data indicates 33 Million shorts are anywhere from 20-400% underwater. I remember when this was at $14 and some people prayed for a $20 buyout. You do not want a buyout! This is $100+ stock in a year!
Up 15% in last few days, up 38% over the past 3 months and up 170% year to date. Priced for perfection with competition intensifying
