They celebrate the all-time high of the stock market.
Of course, they are forgetting that with all those trillions of dollars pumped into the world economy, all markets should be in fact much higher.
After all, our currencies, with the exception perhaps of the Swiss Franc, haven’t got the same value they had before the financial crisis, and will never have again.
So stock, representing real value, should be in fact much higher when valued in today’s devalued currencies.
When I think that in October 2007 we were already at this level, and even higher,
I have to admire all of us here who kept the faith, even though doubts crossed our minds more than once.
Let’s just hope this eternal waiting period is soon over.
They somehow lost their sovereignty?
So you believe what confirmed liars like Johnson and Farage are saying?
Well, let me explain something:
Their sovereignty was not lost but only displaced to a different level.
The EU is a club. Every member has to agree to all decisions or can veto them. So everything that comes out of Brussels has been agreed on by all member states, including Britain and their democratically elected representatives.
Britain's immigration problems didn't start with the EU. They started in the 50s with people coming from their former colonies, specially Pakistan and India. Perhaps you are too young to remember Enoch Powell?
It just seems its very difficult for the English to accept any club where they are not the ones in charge and can bend the rules as they wish.
Could somebody please explain to me in what way WBMD is affected by the fact of whether Britain is a member of the EU or not? And, for that matter, most of the US economy?
Why the gloomy outlook?
...and of course, if they bought back a ton of shares and/or cv notes, that would be very helpful as well...
It all depends how far they are with new sources of revenue coming online.
The next earnings report at the beginning of August should be interesting.
Lucid, I completely agree with you.
People are impressed by Google because of their size and the amount of money they have.
If you think in terms of quality rather than quantity, you get much closer to reality.
In all their presentations, the company has always underlined that they are the most trusted provider of health information.
I would think that anybody who is concerned about his health goes to those whom he knows he can trust, not to some coca cola company.
And why should it be ending?
Just because google have improved their dismal services, which were considered a joke?
Don't forget, health information is always linked to trust. All of a sudden people will got to google instead to the one site that has been around for a long time and has proved to be trust worthy?
I don't think so!
To better understand what happened yesterday, go to the WSJ and the headline
Google Sharpens Search Results for ‘Skin Rash,’ ‘Tummy Ache’ and Other Symptoms
After years of alarming patients and frustrating doctors, the search engine looks to provide better health information
Finally, it was not a new competition for us, but an effort by google to improve its dismal services.
A great opportunity for us to buy cheap stock.
David Schlanger in the last Q&A session:
Yes. I'll try to remember all your questions, Heath, so if I forget it you can remind me. We speak and interact with Google frequently on many different topics and we have a number of business relationships with them. On one topic that no one can actually interact with Google is their algorithm search results. It's very much a walled off part of the company, so although you may be a valued business partner of Google, they really keep that separate. They even keep it separate internally in their company.
Now what is happening with us quite frankly from a Google traffic perspective is impacting the entire health information industry, in fact it is impacting industries beyond health. So from our perspective, our overall traffic numbers which we report -- again they reflect our market leadership but that’s not really a revenue driver. So what drives revenue is the traffic to those high demand areas that are of interest to industry and it's those areas where we manage the traffic by creating content and programming our sites to drive usage there and we have been very successful over the years in growing audiences in those therapeutic areas that are import [ph] industry and we continue to be able to do that and we will continue to have that expertise.
I think you asked about how Google impacts Medscape? As I said in the prepared remarks, Medscape is not really dependent on Google for its traffic. Medscape's traffic is a registration based site, our doctors are members they come back frequently, they come back across devices so some of that slowdown in the rate of growth in traffic that we mentioned is really what's -- it's impacting the consumer side of our business not Medscape.
Yep, so someone knew about it. Its something for the SEC
WebMD Health Corp Stock Falls after Alphabet Encroaches with Symptom Cards
June 15, 2016
Some Traders See Unusual Bearish Options Activity in WebMD Health Corp.
In today’s session WebMD Health Corp. (WBMD) recorded an unusually high (700) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the June, 2016 put, expecting serious WBMD decrease.
Things would be different if they announced a repurchase of the 2016 cv notes and/or stock, which would make a lot of sense.