Maybe Left is getting his short ideas from this forum. Only half-joking, since he’s now trashed at least three that are often praised here.
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Maybe Left is getting his short ideas from this forum
I would not be at all surprised if he were a TMF subscriber. He’s attacked numerous picks, especially from Rule Breakers.
-Dave.
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Wow, Hubs now up 50 cents after a short attack by Citron. Hard to imagine anything more bullish than that for a stock. “Just saying”, as the expression goes.
Saul
I guess others saw it the same as me. Now, the day after the short attack, fifteen minutes after the open, they are up $2.05 (after finishing up on the day of the short attack by 10 cents).
Saul
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I guess others saw it the same as me. Now, the day after the short attack, fifteen minutes after the open, they are up $2.05 (after finishing up on the day of the short attack by 10 cents).
It’s really too bad that the stock didn’t drop this time so that we could once again ride on Left’s coattails and profit from his shenanigans. 
Chris
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That “pantload”!
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Current Price to sales ratio on a TTM basis is currently about 8.2 (at a share price of $75.75).
The above referenced $75.75 share price was from right around 12:45pm on 12/5/2017.
HUBS closed today (12/7/2017) at $82.70 per share.
This might be indicative of Andrew Left/Citron having succumbed to essentially being the boy who cried wolf. The Ubiquiti attack (“TOTAL FRAUD”) was particularly crappy, followed closely by the accusations that Shopify would have FTC issues associated with its affiliate marketing. Those 2 attacks proving to have relatively little impact a month or 2 later (more lasting impact for Shopify, it seems) have probably aided the market in being more discerning about Andrew Left’s short calls.
The above referenced $75.75 share price was from right around 12:45pm on 12/5/2017.
HUBS closed today (12/7/2017) at $82.70 per share.
This might be indicative of Andrew Left/Citron having succumbed to essentially being the boy who cried wolf. The Ubiquiti attack (“TOTAL FRAUD”) was particularly crappy, followed closely by the accusations that Shopify would have FTC issues associated with its affiliate marketing. Those 2 attacks proving to have relatively little impact a month or 2 later (more lasting impact for Shopify, it seems) have probably aided the market in being more discerning about Andrew Left’s short calls.
As an additional follow-up, Hubspot has gone above $90/share here on 12/15/2017.
Great call, Citron!!
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Hubspot has gotten up to $100/share today, a better than 30% gain from the depths it fell to following the Citron attack ($73.15/share was the low price on 12/5/2017).
Hubspot has gotten up to $100/share today, a better than 30% gain from the depths it fell to following the Citron attack ($73.15/share was the low price on 12/5/2017).
Actually that’s 36.7% in a month and a half. So much for Citron short attacks killing a stock. Of course UBNT is up 50% from its short attack bottom (I think), and that’s taken all of 4 months. Citron really should be believed (irony) 
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Bank of America (Merrill Lynch) raised their price objective on HUBS this morning to $115. I notice that each time the share price gets close to their objective they raise the bar. They made it a top pick in the sector with increasing growth going forward. They state that they have made calls to a dozen digital marketing and sales partners and the feedback suggests continued momentum in the core marketing business and accelerating wins in the sales business.
They spoke with several specialized sales/CRM partners, noting strong/accelerating new customer momentum, driven by demand for a tool that is simple to deploy and fully integrated with a marketing system over competing small to medium sized business offerings.
I can’t put a link here to their analysis because it is through their site which has to be logged into but it is very bullish going forward. They don’t get all of their picks right but their track record is pretty good.
I was kind of waiting for another pull back in share price to add more but I will be adding more now to what looks like will be a winner for a few years.
Larry
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So much for Citron short attacks killing a stock it might work better at keeping prices down in a bear market
Citron has a published record , some analysis of that might reveal the probabilities of playing his shorts. How long time wise ,how much price wise before the optimum probability point of buying his short?
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…depths it fell to following the Citron attack ($73.15/share was the low price on 12/5/2017).
With Saul’s reflections on some of the recent short attacks, I decided to find this thread. Wouter, you could have gotten into Hubspot at under $75 with really good timing.
With Saul’s reflections on some of the recent short attacks, I decided to find this thread. Wouter, you could have gotten into Hubspot at under $75 with really good timing.</>
Yes, but that was not much of a decline from $77 and it actually finished up 10 cents on the day, so you would have needed to be very quick to get a small discount from the day before the short report. With SHOP and UBNT, the discounts were much larger and you had more than a few hours to get in.
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