Where Vix futures get skull fugged. I'm referring to August primarily and September somewhat. The spread between cash and August and between August and September is massive. If the market does not roll over soon, these futures traders are going to throw their hands up.
This cash and the value of remaining assets results in a still very substantial discount. Buying back shares is immediately accretive IMO. Hopefully they have the brains to see that.
We should have stuck with Bartz.....lol The amount of money we wasted on MM was staggering. Not to mention the amount of money she has destroyed. Acquisitions, lavish parties and don't forget the fortune wasted on de Castro. Man is she awful. de Castro was the early "tell" on how terrible she was.
I do know that yahoo is pretty much garbage as far at tech companies go. Also know that Marisa ended up being a terrible hire who enriched herself while accomplishing little. She was way over her head....
You're reaching for straws. This Q will be fair IMO. They did not update guidance as they've done in the past when things were way off (both good and bad). That tells me that their revs will come in around April's guide. Just my 2 cents.
Than Brexit was additional fuel. Look for selling of gold to come in tomorrow before Friday's 8:30 jobs report. A big number will reverse some of this run. I'd buy the sell off thorough. The question is, when? One step at a time....
Futures called higher right now. Actually wish they were blood red. We need a "whoosh" lower open to give us a shot at a short term bottom.
4-5% spike in all months volatility futures right around 4:15 close. Might get our "whooosh" in the AM? Maybe Apple sub 90 at the open??