Portfolio Changes We are making a couple of changes in the portfolios, effective at close of market today, December 18,, 2018. In our high growth portfolio we are selling our position of 30 shares in SHOP at today’s closing price of $134.39. That sale will yield cash proceeds of about $4000. We have long advised…
Nutanix reported the results of its 2nd fiscal quarter last evening. This time around, the results have been more positively received than was the case last quarter. From an operational point of view, the quarter featured metrics that were similar to those reported for Q1. The major difference was in terms of operating losses which were…
I will try to make this as short as possible and long as necessary. Some subscribers like my efforts in terms of diction; all subscribers are going to like it better if I can produce profitable picks. I think the recent crash is epochal in nature. I have seen my share of crashes such as…
As I write this, Nutanix shares are up by almost 5%. The shares are up 25% since they made a low 10 days ago. Of course, that leaves them 28% below where they were at the end of August. There is a rumor circulating today that Nutanix is going to be bought or is negotiating…
Sometimes in bear markets, investors, and by extension analysts, try to create bogeyman where none really exist. Perhaps that is one of the factors ailing Nutanix shares. As a shareholder and recommender, the trajectory of Nutanix shares since this past August is disheartening, to say the least. The shares have never traded “right” since the…
Many subscribers are probably tired of seeing another post on Nutanix in their inbox. On the other hand, I had the opportunity to speak with the Nutanix VP of IR, Tonya Chin this afternoon, and thought I would share some of her thoughts and comments. I will try to synthesize her commentary and fill in…
As I write this, Nutanix shares are down by another 10% after falling more than 11% last week. The selling has been precipitated by a downgrade from the Susquehanna analyst, coupled with the filing of a registered secondary of 2.45 million shares by selling shareholders. I haven’t seen any details of the filing as yet…
We are reweighting two positions in the high-growth portfolio. We are selling half of our NetApp position at Friday’s closing price of $86.85. The sale of 112 shares will raise a total of $9730. We are buying 210 shares of Nutanix at Friday’s closing price of $46.45 for a cost of $9755. This will reduce…
Nutanix shares fell noticeably on Monday losing 11.5% of their value. That was quite a bit worse than other storage vendors or other hyper-growth companies. The cause, at least so far as one can determine if the story in an industry source called the Information to the effect that Google was going to offer its own bundle…
Nutanix This afternoon, after the close, Nutanix announced-again-that it had closed the largest deal in its history with a DoD customer for more than $20 million. The deal was one of 46 transactions that of greater than $1 million that closed during the company’s Q4. Nutanix, during the course of the call, indicated that it…