It's sad. An economy built on buybacks, good for the C-suite, while the average workers wages are not budging. The gap between the haves and have nots has only worsened during the entire QE and ZIRP era. It's not good for the country.
Not many. With all the economic problems and such a low precipitation levels not many.
Coming back to the 52 week high some people would say great time to buy in and other will say good time to short.
Fed looks to be on hold I would say bad time to short.
I'm not invested here but your guess is as good as mine. Do thoughts of a buyout linger? For how long? Does anything actually happen in that regard?
Spin the wheel and let me know how it turns out.
I made a little coin selling spreads and CC going into DF. Got spanked this week having to buy back sold calls this week expiry. Overall still good.
Would be interested in all the bashers and shorts on their predictions going into the rest of the month...
Any body willing to make a call and share their plays in advance?
Yup and he took himself off Facebook. Is it just that it got too crazy after Dream Force?
Who knows maybe they get bought out at a huge premium here but if i owned the stock of the company that bought them I would be hitting the sell button.
Didn't BAC do a poor acquisition to say the least of a company run by a man with a ridiculous tan which is still weighing on them? This is certainly not that but those trying to say they have a great balance sheet are full of it and selling people a bill of goods.
Some people will do anything to try to prop this up. Notice the timing right after the share price tanks after the Dreamforce pump and dump.
I agree. Not even Michael Crichton on his best day could write fiction that approaches modern financial statements. Only companies with incompetent accountants and tax lawyers pay any taxes. The successful stocks of modern companies are all loaded with great tax lawyers, lobbyists and accountants. Engineers and techs, formerly known as highly regarded professions, are a dime a dozen.
Rasta - I respect your posts, you know of course operating cash flow can be "gimmicked", for one example, it is overstated as employees buying CRM at a huge discount, well that money give to CRM to buy discounted stock counts as operating cash flow, crazy but a true legal shell game. But, and really basic here, if this company is truly pumping out cash, why is debt increasing, and the balance sheet is incredibly weak, full of "intangibles", after which book value is seriously negative. If this company was pumping out cash, don't you think it would actually show on the balance sheet? If they can control their expense, maybe this company can be a cash flow machine. No, they spend all their cash and more on Dreamfarce events and pomp, gotta keep the show going, just don't look behind the curtain! - IMHO and GLTA!
Sentiment: Strong Sell