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Samsara Inc (IOT)

NYSE
Currency in USD
41.14
+1.80(+4.58%)
Closed·
After Hours
41.30+0.16(+0.39%)
·

IOT Comments

Almost doubling earnings forecast, beating top line expecations and -9% drop. Unbelievable
it has done the same thing on June's earnings. after one month was almost double the value
time to wait and ser then… Thanks Hassan
That's usually a great buying opportunity when a stock is down on strong earnings.
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The founders have been using a share selling program which is used widely by other executives. While prefecty legal, personally I prefer the company’s founders to have a greater amount of loyalty to their company and if they are really concerned about diversifying their concentrated position, use zero cash collars instead. IMO, as a shareholder, the collars look much smarter than hitting the “sell button” at Charlie Shawabs.
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August 30, 2024 is the next earnings release…after the close. Merrill Lynch began to follow and earnings should be decent enough to get IOT to the $42 mark but management comments can always add some spice. This is a 2-year hold but can be traded as a buy on any pullback. My guess is $60 by Q4 2026 with smart management and a good sales team.
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Q2 earnings will be reported on 6/6/2024. I was a bit surprised but Samsara is considered an “AI” business, which in this case means they create and apply “predictive software and related tools” (for management of any type of mobile fleet). Perhaps the Pentagon can use the services of Samsara to keep track of all property on wheels, including the used equipment we give or sell to the Ukrainians so we see where it actually ends up being used (or resold) ?
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I don’t understand how it is ethical for an institutional short seller to open a short position, then, afterwards, release their “work” to the public, available to everyone “free of charge” when respected firms consider their research “proprietary”. To me this looks like a coordinated set-up, but that is only my opinion.I hope these guys are wrong and institutions put the squeeze on their antics.
Nothing about short selling is ethical. To profit directly from others failure, people and their families suffering. is downright evil. But then again, should we be surprised in a world where terrible evils like abortion and the closely-related porn industry are legal? .... and then we wonder...smh
Did the Earnings get pushed back?
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I believe you are correct because I original saw leap day (2/29) as the earnings day…then, I lost again and earnings release was “magically” 3/7. It could have been reported incorrectly and then corrected. Hard to say other than I expect the shares to touch $40 but hold at $38. Earnings are expected to beat the top and bottom line…but its also what is said about the next couple of quarters which makes or breaks the report.
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This may be the beginning of something beautiful !
Ahhhhhg
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Wow sold at -2% now it’s +16% I’m an idiot
Buy!
you can get back in now
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Very smart money is backing Samsara which assures investors of a high probability of success. Buy IOT now. Give it one year.
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