Might as well wait for 9.65 since that is conversion point for additional shares.
So, 10+ is possible. After all, these guys do not sell until an obscene profit.
Does the Blind Monkeys continue to get free money from GOV like all the rest?
Stupid to buy at the top
That would be called the Cramer kiss of death. He did it to Apple a year ago. Doing it here now.
Anyone buying at these high levels, have NO idea where else to put the money. And they would rather manipulate a stock, rather than buy on fundamentals.
Um, wrong. The iPhones could have been made in the USA, but Apple Execs are that greedy. PLUS, they just didn't want to pay the taxes on earnings. Shows you they really do not care about being a American company.
Still amazes me at all the people that buy overpriced Apple junk made in china. I do not support Apple because they manipulate and treat people like garbage on the factory floor. Some day, I hope someone opens the iPhone to replace the screen, battery, whatever, and they find a note from one of these slave factories, telling them how things are, on the line. Pathetic company. Anti-USA if I ever saw one.
Same here. Has to be those guys that bought a lot of Calls, and trying to get some value out of them.
Otherwise this is dead money. This is overpriced, and they know it. Still can not believe they will use peoples 401K and IRA money for their own greed. If it was not for options, and their own buying habits, BBY would be in the dumpster right now. Apple did terrible on fair earnings. BBY will not. It will dump.
Yeah, but at this stage, if there are too many sellers, and no buyers, would you hold onto shares, and also just get rid of your option holdings? I sure would dump out of it. Not worth that risk.
Yep, the manipulators starting selling out of Amazon, and took their money immediately to BBY
Why? Just because they like to manipulate. Throwing peoples 401K and IRA money at it, for NO reason.
There are a million other stocks better than BBY at this time, and they know it. Really unethical to throw money at a company that makes little or no profit. Especially Amzn
Yeah, but get this. With all of that money coming in, they have GOT to be earning some interest on that income, and part of their loss, includes that also. So 17 Billion in sales, and lets say that money is in an account for several weeks (which it is for sellers of items) and they can not make a profit even with earning interest on that float time??? Wow, they are rigging this system.
I've seen better stocks to buy, where they actually make a profit, and pay a dividend.
Yep, they are delusional. Never seen such a fantasy situation in my life. Probably same people who said Apple at 1,000 was ultra cheap, and would be there in a month. Same thing, just that this crowd is on crack
All fundamentals are Gone. Now, it is just a gamblers roll of the dice, and put out info about how great the game plan is going, and that some day, just some day, there might be profits. This is why year 2000 went so bad on us. These guys are doing it again.
Hope this is a serious question. Not on your life, should anyone short here.
JCP is not going out of business, and not going to make shares worthless. If someone loans you funds at 9.65 price, you can bet they want to make a profit of stock appreciation. Take into account some big guys buying into this, then you get a short squeeze. The stock will never be cheaper.
Options have burned me worst than anything around. That is a completely rigged and unethical game there. I would NEVER suggest anyone get into options. Sure, you can score big sometimes, but mostly they just take your money and make the options worthless or a lot less than what you paid for them.
Nope, still playing. Still have the cash. This game is rigged, but when you join the dark side, you sometimes win.
I think Icahn will just say he is not really interested, but start nibbling. Others will do the same. Before you know it, they have 5% of the stock and more. Always the way this goes. Soon, we will be 10+