Um, this is supposed to be the ultimate growth company, so much growth that the preposterous PE is to be justified.
* Sales- FELL vs last quarter
* Profits- FELL vs last quarter
* Number of advertisers FELL vs last quarter
* After rev. per advertiser FELL vs last quarter
When you have a ludicrous PE, you can NOT simply say "but we grew year over year". Trust me, when the rate of change slows, or in this case, GOES NEGATIVE, there are lots and lots and lots of BIG MONEY players who will not hit the exit. Just watch.
I have no clue. I only knew that shorting at $23_, based on the news yesterday, was as easy as picking up money off the ground.
IF, it gets down to $210, I would expect a drop to the $190 area. There is support at $190. From there, I would only discount the anticipated future cashflow to a present value, factoring in inflation.
This has been pretty entertaining to read- here is what I wrote, but this is what I really meant. Here is where I shorted, but here is where I really am cost-wise. Go take a nap and get your gameplan ready BEFORE you start working.
could be, stranger things have happened (condos in Miami went from $100k - $750K in 3 years......then back to $80k), but my money would be on the other side of that one. I have no position, but may short in the pre-market, if the price doesn't come down.....which it likely will.
Lets all trade like jeff macke LOL !!!Trade what you see ,it may FALL ,BUT IT MAY GO A LOT HIGHER TOO!!! ,Last earnings it did not give it up for a week ,just trade it ,this is a cult stock like aapl with small float ,go with the trend and make money!!!