Well, that would be great. I would have to sell some if we went up another 15% in the next month. But I'd enjoy the ride up with the rest of my position.
You just gave the biggest reason why the stock is a SELL or very close to it. But the real question is, why are we on this board discussing it? If you rode up FB, congrats, time to sell it....though I wouldn't short it.
way to low??? Upgrades!!!! Next leg up will be in thanks to thoses analysts who are trying to cover themselves. This is just getting started if this can get to the upper 150s.
Well since your thesis is based on the fact that Q3 will disappoint....I will continue to hold for the next month while it runs, then sell before earnings. Maybe we get another 10% in the next month.....momentum is behind it and people know what happens once you start to monitize mobile. Just look at Google.
I'm sorry but your conclusion is way off. For starters, if it really took him 2 years to find 'things'....he won't have much a reputation to worry about. Read new thread to hear rest. I'm chuckling right now thinking about how people like to spin things and don't use any common sense.
It seems to me that the guy was brought in to 'clean up a mess' and did so. He is now staying on as a consultant which means the terms that he is leaving isn't all that bad. I know that when people do a really good job they tend to look (or get recruited) to move to higher paying more prestigious positions. Not for nothing, but the idea that he found bad things and as a result is getting pushed out is absolutely ridiculous. So it took him 2 years to find this info??? Yeah, I don't think so....I like how the shorts try to spin things. Why did the stock drop on the move of Driscoe??? ANSWER- Because he was really good at fixing the company's financials and tax reporting practices and it is a shame to see him go. The man has brought trust back to the company. Now we just have to hope that the replacement doesn't mess up the good work that he did....hence the consultant position. Don't over think this one....
This has seemed obvious for quite some time. GOOG had the same sort of pattern when it started its transition into mobile. Of course it was a bit more subtle thanks to it having come off '09 loses of 250ish. The fact is, GOOG was dead money for 3 years when it started the transition. How long has BIDU been dead money??? Oh look, just about 3 years. Scratch ticket??? Come on, just because you didn't figure it out, doesn't make it a scratch ticket. I will be taking some profit soon but don't think for a minute that this isn't going to 225/sh in the next 6-9 months.
Just a bit of a Monday Morning QB tech_stock??? In all honesty, before today it looked like BIDU lost it momentum too. It had stalled at 140, the only reason I didn't sell was b/c it seemed that 133ish was forming a decent support. Really, AAPL and BIDU (BEFORE TODAY) were trading in tandum....money going into both. The good news for AAPL longs is that the support held, for now anyway. The other piece of good news for AAPL longs who are here is that tech_stock is right, there is a ton of momentum and it should carry us to a test of last year's high (geez, I think it was last year....time flies) and if you're on this board you likely own BIDU also. Good Luck all, my prediction is that BIDU will be at 151-154 in short order ( I will trim some there ) and AAPL establishes support and retests 508 in realitively short order (4-5 weeks). KEY WORD.....prediction. GL all, B