a note came across my desk this morning concerning a buyout. i crumbled it up and threw it out. how many times do we need to hear this?
since that note i have had 5 brokers and 2 more notes today after 12 noon about an announcement that will be coming out either tomorrow or thursday concerning a deal with Oracle.
believe whatever you want, say what you want. my sources are good. had brokers call yesterday at 10am regarding the facebook deal. watch and see.
i dont visit this board much, but since the 28% decline in 27 days i felt compelled to share this with those retail investors who are pulling their hair out right now.
good luck to all and hold tight, you will be pleasantly surprised.
sorry i wont be back on this board to respond to all the bashing that will take place following this post. although i will stop by friday.
Really! This is the first time I've seen massive insider selling RIGHT BEFORE A BUYOUT! You are my new prophet if Oracle buys them out at 45 dollars tomorrow morning! Hey here's a prediction, you taking a dump and it stinks all over this board!
As much as I'd like to tell you that something underhanded is going on, everything is being played according to the rules of the game.
Anyone trying to trade stocks has to be aware of how markets work -- and in this case, it's just a matter of the side with the most chips will win. I doubt seriously that anyone on the short side cares one whit about the prospects of the company, its earnings or its technology. All they care about (and this is the essence of what markets are) is selling short so that the stock price goes down, so they can buy it back later at a lower price. The more stock they sell, the lower the price goes, and the more money they make. They can do that as much as they like, until they run out of money, or the buyers start buying more stock than they can sell.
I gotta tell you, that i think for about 5 trading sessions now, someone is pumping it higher right in the morning and then POOF ALL GONE! Someone and something really shady is going on and i have this anger that I'd really like to express to this individual or culperate for the pain they are causing us.
its the "watch and see" comment that gives it away..its right along the lines of "watch and learn" and those posters are salways asshats.Too funny..Market up big and this is barely bouncing..too funny
Market is up a strong 1.2% and FIO is only up a feeble 3.4%.
On the other hand, I have a lot of issues with the original post.
How often do we have "papers crossing our desk" with takeover rumors? He had three yesterday, plus "brokers " calling him for confirmation of what were only rumors to him.
If there was so much information out there for those in power, why didn't the stock show any movement yesterday?
I could go on about the lack of caps or apostrophes, etc., but it would be a waste of time.
Well it wouldn't surprise me,lots of companies looking to get back at Facebook for the purchase of Instagram. Why not buy the company that runs their servers. AAPL has plenty of cash and so does ORCL