I tell you why we tanked. Because so much hot or fast money got in due to the following: Jim Cramer pumped on Mad Money, Josh Brown on Fast Money, and Steve Grasso on Fast Money all said to buy MBLY. That brings in quick money that basically just looking for quick hits. When that didn't happen they all fled killing the share price with it. You are right, this is a long term investment not some 2 day trade. Hang on and buy these dips. I read today where Fidelity Contra Fund bought more than 8 Million shares. That is what you want to see the really good fund managers accumulating shares. Not the pump and dump artists on CNBC.
Very stupid statement. Forms not reported yet. However, if you really did your homework on this subject you would know that Fidelity Contra Fund has accumulated over 8 Million shares of Mobileye. Don't make such dumb uninformed statements until you know what you are talking about.
Tomorrow you will see all kinds of selling, last minute tax selling, panic selling, margin selling, and short selling: When it gets to an extreme that will be the time to buy. Let it come in hard and then load the boat with all you go. This company is just getting started, short interest is now very high, all the publications are starting to pick on MBLY also. We are getting close to a bottom and you will know when it is here.
That means we will stall out and possible go down and wash these morons out before we head back up. Seen this thousands of time. Too bad the nutts at CNBC pumped this and brought in all these losers.
None of this #$%$ hype on these message boards mean anything. Just buy a company based on earnings and from what I have seen these guys are going to earn a lot. The margins are terrific and growth is phenomenal. Just sit back and buy the dips there are a bunch of them and tune the clowns on here out. None of them have enough to buy over 100 shares anyway.
Keep it going you moron!
You are right man, I am sorry. I am sorry that you can't properly write a coherent sentence in correct English. If you are going to live in America, learn our language!