I'm going long tomorrow. This is insane. The earnings were great, no news today.
All the major leaders got creamed today, including AAPL, BIDU, GOOG, RIMM, FSLR, etc. But none of those stocks lost 21% of their value!
this is insane. How are we any worse off than we were since August? Seriously. Interest rate was cut .75%. The BDI is higher than back then.
HOW THE CRAP ARE WE AT THIS LEVEL?
If this thing sinks another 10-20% I will sell my house and home and triple down on this company.
Straight up from a fundamental position, the economy isnt any worse off than when this "SUB PRIME CRISIS" broke. Every company besides finance had solid earnings. Asia is chugging along and buying up every single commodity they can driving up prices. Why are they doing that? Because they're actually building stuff and growing. So why is this stock beaten down?
When will people step up and realize a gold mine or at the very least, a cheap profitable company when they see one?
Do not add more money in a company that runs by a bad management. They allow 21% drop in a day and I did not see the end yet. So many people go long and it is the reason for big drop. They want to get your money so they keep dropping the price until you get out and they buy your shares at low price. You can get out now and wait for the bottom. The faster you get out your long position the quicker for TBSI hit the bottom. This company will take couple years to come back to $60 level. It may have a temporary going up then the down trend will resume.
same here ~~ i loaded up after earnings thinking we would buck the trend on the strong earnings report..
i am usually not this emotional with the markets but today wreaks of manipulation..what else?? there is carnage across our markets ~~ its not just tbsi...