Actually I am long Facebook. It just bothered me that to some people on the street Facebook spends too much. I do agree with you that they need to invest for the future. It just seems that AMZN and NFLX gets a pass in regards to spending.
If you have any money give it to the homeless rather than trying to short this pig.
You just had to pile on until all the weak hands have left. Now you have shorted a stock at the bottom. Better cover, the smart shorts that started at $4.00 are ringing the register and moving on. GLTA the longs that have managed to hang on.
Well Yellen is going to print money forever so we might as well enjoy the ride.
Cramer is not always right. I am not sure if D and B is a good investment or not. I live near one in Marietta, Ga and its a fun place to go but it seems like a tourist trap kind of place. If they can get people to become repeat visitors then maybe this could turn into a good investment.
Considering the upgrades I was not expecting this today. Too many traders spooked because they are afraid rates will go up. I think you will see some buying here on Monday. Some traders like to wait a day or two after earnings come out before they add to positions.
This stock is now a hot story and is breaking out. It has nothing to do with fundamentals. Many times these hedge funds just keep buying at any price and then scared shorts cover at the high adding gas to the fire. Throw in the longs arriving late and you have absolute insanity.
I pretty much agree with you but do you know when the market will figure this out? These huge hedge funds and mutual funds are using other people's money. They will buy at any price and then sell when the herd decides its ready to unload. Shorting this stock or Amazon is almost impossible. The market can remain irrational a lot longer than I can remain solvent..
I think you're probably about $10 off. Taking a deep breath can be relaxing but it will be a long time before this stock sees 30.
Tesla and Amazon just will not go down. Fundamentals do not work here. Its better to take a small loss than to continue banging your head against a wall. Good luck
If it performs like Tesla did when it reported it will drop to probably 50 and then bounce. Huge short interest will the start covering and the stock will go up from there.