TRADERS LAUGHS ON BLOOMBERG AT ALL OF THE CLUELESS PEOPLE BUYING APPLE TODAY
He also Laughs at the big risk some are taking on with NFLX before it's earnings tonight, he says this market right now is like a extra big really red plump up tomato that's about to fall off the vine at any day or moment whit any strong wind that hits it in the garden of manipulation.
NFLX has Satan for a CEO. Hastings consistently lies, misleads, and produces fudged numbers on ERs....and so NFLX often does not trend with the market. It is one of the daytraders' darlings with a low float and big swings. I had a small part in investigating NFLX which caused the drop to $70.
aapl trades with a single digit multiple, almost 40% of the companys market cap is in cash, they have no debt and other balance sheet metrics that are insane...... They have dropped 40% in 6 months......