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Momo Inc. (MOMO)

NasdaqGS - NasdaqGS Real-time price. Currency in USD
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14.66+0.27 (+1.88%)
At close: 4:00PM EDT

14.70 +0.04 (0.27%)
After hours: 7:28PM EDT

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  • S
    Stefano
    Guys what do you think about US election? All in all most of this huge downturn was about Tension USA - China. I still remember the delisting issue when momo dropped more then 10% without any serious reason. Say that I think that whoever win the elections for MOMO will be good. If Biden wins it should be more collaborative with China so good news, if Trump wins will collaborate anyway he uses mostly China for propaganda, but the real fact is that US need China to prosper. My outlook is positive then, what do you think guy?
  • J
    Jay J
    Man there’s a lot of spam on this board. I guess Yahoo doesn’t do any moderation at all... anyway, this stock is such an anomaly. China is very much back to normal and GDP growth is expected to be positive this quarter. It’s annoying that Momo apparently has zero investor relations and doesn’t put out press releases.

    With earnings projected for November 24, id expect a beat just based on the fact analyst expectations are super low and the Chinese economy is doing relatively well.

    Likely the next earnings release will dictate whether a lot of people continue to hold this stock or capitulate and take their losses. I’m tentatively hopeful that it will beat by 20% or so and bump the stock price back up to the $20’s.
  • G
    GK
    Strange this hasn’t moved at all beyond 15.00 since 8 trading days and stock market is up 12%
  • C
    Carlos T.
    I think momo will bat it out of the park when it reports on November
  • W
    Walter
    US stocks are in bubble, but not China stocks and Momo is facebook and youtube stock in one.
  • G
    GK
    Why this is the only Chinese stock which is not getting love . What are we missing which everyone in the world knows
  • S
    Song
    we may get a bang up over $15 next week due to the tech pattern. This time over $15, the stock may not visit this low level again. I am bullish!
  • D
    Dog
    This is going to fly ti $17 then $20 by ER ..mark this post ...
  • J
    JoseF
    "In the stock market, the most important organ is the stomach - it isn't the brain" - Peter Lynch.
  • G
    GK
    Looks like stock is happy to play between 15 and 15.15 .. does any one know how much Interest rate shorts have to pay to keep holding this .. wanna see how long it will take to trigger short squeeze
  • S
    Stanislav
    one more month of total humiliation until financial report
  • N
    Nuphase
    Can this be the $MTCH of China? If so, this looks like a great time to get in — considering their solid fundamentals.
  • J
    Jack
    I think they need to buy before 2021Q1 earnings, while the stock is still cheap

    "On September 3, 2020, Momo's board of directors authorized a share repurchase program under which the Company may repurchase up to US$300 million of its shares over the next 12 months.

    The Company's proposed repurchases may be made from time to time on the open market at prevailing market prices, in privately negotiated transactions, in block trades and/or through other legally permissible means, depending on market conditions and in accordance with applicable rules and regulations. The Company's board of directors will review the share repurchase program periodically, and may authorize adjustment of its terms and size. The timing and conditions of the share repurchases will be subject to various factors, including the requirements under Rule 10b-18 and Rule 10b5-1 promulgated pursuant to the Securities Exchange Act of 1934, as amended. The Company plans to fund repurchases from its existing cash balance."
  • J
    John Abraham
    When it hits 10? IMO, virus is becoming stronger.
  • Y
    YepAMillionaireHere
    This is how you become millionaire guys. Pick super undervalued value stocks and wait for a couple of months. You almost never lose any money.
  • J
    Jesse
    This will be back up around $20 come Christmas time
  • J
    JoeyDaScalpa
    this one is so undervalued. China stocks are hated but the World will comes together again. I believe Trump and China will soon come to a diplomatic agreement and China’s growth is still tremendous.
  • G
    GK
    It seems we all choose wrong stock to invest. With every stock in the world is green and this is red
  • J
    Joseph
    By June-July next year expect to see this at least past 30, if not around 40. I want at least a triple from here.
  • M
    Mathias
    13.50 was IPO price, we are there again with profits being 10x what they were back then, makes no sense