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The Overlooked Relationship Between Gold And Bitcoin, Explained
Wednesday, February 7, 2018 - 3:24pm | 572Bitcoin bulls have long argued the cryptocurrency is a new store of value for investors thanks to its protection from inflation and its deregulated nature. In fact, even some bitcoin analysts have compared the currency to gold. Historically, there has been no clear indication of any correlation...
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Bitcoin Bull Doubles Down As Crypto Continues To Slide
Monday, February 5, 2018 - 4:44pm | 518Bitcoin slid 18 percent Monday to strike rates not seen since mid-November. But Ronnie Moas is still buying. Unfazed by a $2,100 loss from last week’s purchase, the perennial bitcoin bull and founder of Standpoint Research said Monday he’d bought three coins at $7,700. I bought three #...
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Standpoint Raises Bitcoin Target To $28,000, Encourages Crypto Diversification
Thursday, December 7, 2017 - 11:33am | 556Bitcoin surged to yet another new all-time high Thursday, crossing above the $15,000 level for the first time. But while some onlookers see bitcoin and other cryptocurrencies as a massive financial bubble, others say the bitcoin rally is just getting started. The Analyst For the fourth time in a...
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The Long And The Short Of It: Bitcoin Bull, Bear Weigh In On Huge Move
Wednesday, November 29, 2017 - 3:49pm | 690Bitcoin surged to another new all-time high this week, crossing the $11,000 level for the first time. But while some onlookers see bitcoin and other cryptocurrencies as a massive financial bubble, others say the bitcoin rally is just getting started. For the third time this month, Standpoint...
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Standpoint Research Raises Bitcoin Target To $14,000
Monday, November 20, 2017 - 2:26pm | 394Bitcoin surged to a new all-time high this week, crossing the $8,000 level for the first time. But while some onlookers see bitcoin and other cryptocurrencies as a massive financial bubble, others say the bitcoin rally is just getting started. The Analyst Just weeks after raising his price target...
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Why This Analyst Raised His Bitcoin Price Target To $11,000
Tuesday, November 7, 2017 - 12:21pm | 375Bitcoin surged to a new all-time high this week, crossing the $7,000 level for the first time ever. But while some onlookers see bitcoin and other cryptocurrencies as a massive financial bubble, others say the bitcoin rally is just getting started. The Analyst Standpoint Research analyst Ronnie...
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The Bitcoin Floodgates Just Opened; Ronnie Moas Sees It Hitting $7,500
Monday, August 14, 2017 - 1:20pm | 367The price of bitcoin soared above the $4,000 mark on Monday, just a few weeks after crossing the $3,000 mark. And some analysts are referring to the strong gains as being the beginning of the digital currency's run to be worth tens of thousands of dollars. One of those analysts is Ronnie Moas...
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Why The Recent Selloff In Silicon Motion May Have Been Overdone
Tuesday, March 7, 2017 - 3:35pm | 423ADRs of Silicon Motion Technology Corp. (ADR) (NASDAQ: SIMO) rose after Ronnie Moas of Standpoint Research upgraded the stock to Buy from Hold, saying the recent pullback was overdone. Justification For Upgrade ADRs of Silicon Motion have dropped by 25 percent in the last six months and are...
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Abercrombie & Fitch Shorts Might Be Getting Squeezed
Thursday, March 2, 2017 - 11:15am | 317Abercrombie & Fitch Co (NYSE: ANF) shareholders were treated to a nice surprise 7 percent gain on Thursday’s open after the company reported fairly lackluster Q4 earnings before the open. Abercrombie reported Q4 EPS of $0.71 on sales of $1.04 billion, short of consensus expectations of $0...
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NetEase On A Path To $20 EPS By 2019
Thursday, February 23, 2017 - 4:09pm | 216Ronnie Moas of Standpoint Research reiterated his Buy rating on NetEase Inc (ADR) (NASDAQ: NTES), saying the Chinese online company is on a path to $20 EPS by 2019. “My target on NTES is $340 for next year. This company is clicking on all cylinders and I do see a path to $20 in EPS by 2019,...
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Standpoint Defends Opko Health, Thinks Bad News Will Reverse Within 3 Months
Friday, December 30, 2016 - 1:45pm | 293Ronnie Moas of Standpoint Research defends Opko Health Inc. (NASDAQ: OPK), whose shares plunged more than 18 percent after negative study results of its late-stage long-acting human growth hormone product (hGH-CTP) in adults with growth hormone deficiency (GHD). The company said there was no...
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Taking Profits In Financials? Proceed With Caution
Tuesday, November 22, 2016 - 1:27pm | 455Standpoint Research's Ronnie Moas said in a note that one may be well advised to proceed with caution while making investment decisions concerning financial stocks. Underweighted? Hold. Overweighted? Take Profits. For those who are underweight on financials and/or hopeful of the new...
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Sell-Side Sentiment On Twitter Following Buyout Chatter Has Not Been Positive
Thursday, September 29, 2016 - 9:49am | 834It has now been almost a full week since CNBC's David Faber reported that Twitter Inc (NYSE: TWTR) is engaged in discussions with potential acquirers over a sale of itself. The initial report last Friday singled out salesforce.com, inc. (NYSE: CRM) and Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) as...
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Standpoint's Moas Downgrades Twitter Despite Takeover Speculation
Monday, September 26, 2016 - 2:04pm | 457Ronnie Moas of Standpoint Research has downgraded Twitter Inc (NYSE: TWTR) to Reduce from Buy despite takeover speculation swirling around the stock. The stock is up 28 percent since Moas' recommendation in January and up more than 50 percent since the second-quarter low. "It is not easy in this...
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Standpoint Research Shines A Light On 2 Solar Stocks
Tuesday, September 6, 2016 - 8:45am | 568Standpoint Research, an investment research firm, first evaluated shares of First Solar, Inc. (NASDAQ: FSLR) and Canadian Solar Inc. (NASDAQ: CSIQ) back in December 2014. On September 2, the analysts released a follow-up to their initial report, noting that after reinstating First Solar and...