MANH ==> The Silly Putty Winner

[mrmarket]

If you think the stock is going to go up, buy calls or write puts. If you think it's going to go down, but puts or write calls.

[mrmarket]

4:07 pm Manhattan Assoc beats by $0.03, beats on revs; guides FY14 EPS above consensus, revs above consensus (MANH) : Reports Q3 (Sep) earnings of $0.32 per share,$0.03 better than the Capital IQ Consensus Estimate of $0.29; revenues rose 16.5% year/year to $125.6 mln vs the $121.96 mln consensus.

• Co issues upside guidance for FY14, sees EPS of $1.13-1.15 vs. $1.12 Capital IQ Consensus Estimate; sees FY14 revs of $479-481 mln vs. $475.35 mln Capital IQ Consensus Estimate.
  

"We're very pleased with our third quarter performance in a generally tepid macro environment...Demand for our omni-channel and distribution management solutions remains solid and we continue to innovate and strive to enhance our market position. Our outlook for the balance of 2014 and the future is quite positive."

[seabric1]

Yeah, I read the report last night... I admit, I felt a little bit like a kid on Christmas eve. Wondering what Santa would leave under the tree. GI Joes? New WWF Wrestling figures? Or... socks and underwear?

Things are looking very "practical" this morning, if you catch my drift. I'll be patient though.

I noticed this stock has 104% institutional ownership... I was reading about this today. Some questions on what i read:
- i know institutional ownership is good, but can too much halt growth? Thought being, new institutions can't come in and drive up the price.
- is this any indication of short activity on a stock?

What say ye?

[billyjoe]

seabric, MANH with 104% institutional ownership is crazy. My sources say 107%. If so how could any individual buy or sell shares yet daily volume averages 506K. Short float is just 2.85%. Lots of green in earnings, sales reports currently and in near future.

----------------------billy

[seabric1]

Sold. Great company, but I think it's time to collect. I bought at $37.16 months ago and then bought again at $32.50. Today, I sold at $40. Thanks again Mr. Market.

[mrmarket]

from IBD:

Manhattan Associates (NASDAQ:MANH), a provider of supply chain management software for manufacturers, distributors, retailers and transportation providers, is setting up bullishly in a first-stage cup-with-handle pattern. The buy point is 40.78.
With a Composite Rating of 99, the stock has plenty of positive qualities, including high annual return on equity (42%) and pretax profit margin (26.6%) in 2013.
Last month, the company reported a 23% rise in quarterly profit. Sales rose 17% to $125.6 million.


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[Karel]

Sold! @ 42.96, a bit above my limit of 42.85. Good.

$$$Mr. Market$$$ is HUGE ! ! !

[mrmarket]

Doh...I was at the dentist.

[mrmarket]

Ha Ha..got it this time!