I guess the disappointing aspect of it is that it was in the 80-81 range prior to the aapl meltdown. The fear was that all China = dead, baba showed that isn't the case, so at the very least I would have expected a return to that level... though at this point, we aren't too far from there, and given the options pinning, I can't expect anyone is surprised.
Don't worry, Just need to hold out till the 20th, then it is off to the races. Unless someone wants to buy en masse and punish whoever is holding it down to get in cheaper. I think Next week will not be as easy to hold below 80, as you might as well sit out now, as there could be macro reasons to wait to buy, and someone is keeping the price locked for any potential buyers for now. That said, you look at the higher volume periods, and they have trouble keeping it down, then reinstate authority as the volume trails off. Expect that to be the case until maybe Tuesday afternoon of next week, but I still see a fight to keep it below 80 until next Friday, then we float free.
This can only mean one thing... capex is going up at AMZN!
"I better start development of moon delivery to get a head start on the competition. This will make us temporarily unprofitable, but will pay of big in 2056 when we are the only game in town for 2 day earth prime moon delivery."
I almost wonder if they can sustain the negativity long enough for monthly options. There are a lot of may 20s at 80 as well... good luck if you own those. You'll need it when billionaires are betting against you.
If he thought it had little effect, he wouldn't go out the day before earnings to talk about said position. Hopefully other hedges smell the blood in the water. I mean why the heck is he pressing the VRX short at this point? My god...
Yup. 80-85 next week. Barring overall meltdown/fed raising rates it is easily touches 90 at least once before next earnings call.
It is pretty silly with the decline post aapl earnings on fear that we didn't even get up to those levels today. As you said, once the 80 call buyers will get out of our way this goes up. I guess they are keeping it below 79 today just to give themselves a dollar of wiggle room in case we have an up day tomorrow in the broader market. Would be funny to see someone punish Chanos as much as they have Ackman. That is the double edged sword of letting everyone know what you are doing. No reason for shorts to cover here, as last Tuesday it was trading above these levels lol. I suppose the only number we could have hoped would be better as NI, but that was do to acquisitions.
Agreed. At some point it will become about the data (hence why you likely put fb in there), I actually think that also puts google/alphabet (really wish we would all either decide to call them google or switch fully...) in the running
All the shares are always sold. This is the post IPO market. If a buyer and seller can agree on a price then something gets done. I suppose what you are talking about is if the buyers aren't willing to pay enough to motivate the sellers to sell. 2 things can happen. No sales and the last trade will be the "price", or the buyers can keep raising bids until they motivate a seller to sell some amount of shares.
Given how widely traded yhoo is, it is highly unlikely that some marginal buyers and sellers couldn't come to agreement for very long. It can happen short term, that is when you see spreads widening. If you are really curious, take a look at really low volume stocks. Their charts will look more "boxy", so that is your first clue.
I think if you can read past the softball guidance (they all but called it softball guidance), and the fact they were being conservative on the yearly, I think it does show continued growth. The prior quarter was great, and better than expected imho.
Ya, it is going to crush next q earnings. Overly conservative imho. Are they pricing options this quarter? lol.
I wouldn't leave out amazon and Microsoft either. Go to amazon and get suggestions for food based on your weight loss goals. Add in some recipes and it works well with their entrance into the supermarket category.
The terrible results relative index funds in the face of all that work? Wow.
Amazon went up 10%, I suspect over the next week we see a similar move for baba. It was down the last several days on fear, so the fear is gone, and I dare say there should be exuberance after those results, especially as it looks like china is heading to better times ahead. I think I will have to forgo a quick earnings pop and just hold this one for the longer term. I was hoping they would beat, but this is really great outside some of the NI issues due to currency hedges related to their foreign acquisitions.
Right? The guidance seems like a softball they plan to hit for a home run next q. Be interesting to see how the market responds. I can't believe that after this Q they would guide so low next Q. Hopefully someone takes them to task in the Q&A
Check out the revenue... don't know if they are pricing options soon or what, but way to totally and completely softball it in. You are telling me there will be no uptick in the coming quarter as people get active over the summer? Either that or they better say something to the effect that the warmer winter meant we got sales in this Q at the expense of last Q... I just don't get it. Seems like softball game to me. I'm sure people will be worried about costs, but I am not as concerned with that, as they need to keep innovating and the blaze is actually looking pretty nice so far.
Problem is the watch is not even comparable to most fit bits. If people wanted "smart watches" people would buy them. But I think even the launch of the iWatch made it very clear that aapl was trying to enter the fashion industry... in reality they were already there with the iphone and ipads being more status symbols for the longest time. The same way executives judged the size of their "ipads" against one another, there has been a shift. I do still see some people using the minis for note taking... (on MSFT onenote oddly enough... good job on msft on getting them into their ecosystem), there is nothing special about having an ipad in a boardroom anymore. Certainly no one is special with an iphone these days.
I must admit, prior to having an MSBand, I would have thought the iWatches battery life would be an issue, but it really wouldn't be for their target market. I think for those of us with the bands that track sleep etc and want to have it always on, the charging is more of an issue. TBH my band does everything I want it to do on my wrist, if they can just improve the battery to make it a once per week charge, I would be happy. There is no need to play videos or games on my wrist for now... I think the fact we are also early into wearable's, cost is an issue. Why pay 500-10,000 for something that will be iterated in 1.5-3 years (and likely with zero legacy support). I think the fitbit ecosystem provides a price point for many different people where they say, you know what, If I can get 2-3 years out of this, I will be happy, as I am upgrading by then anyway. While I don't have a fitbit myself, I have to admit I am jealous of their ecosystem a bit, as the msband and mshealth is still developing. I also think fitbit as a part of company/insurance fitness plans is the big opportunity going forward. That will be the key talking point this earnings call imho.
Nah, the autocorrect is pretty good these days. I think even Skype can translate bear-to-text these days.
I think if anyone is hoping for 126-136... unless there is a reverse split... they will be sorely disappointed... at least by Friday... longer term? It is possible. I mean at some point they buy back all that yahoo owned stock at a discount, so that takes some of the shares off the market.