They have already said during the conf.call that they will spend more money on R&D, instead of relying on their partners. The lion's share should be bigger in the later years. No big deal!
Long-short hedge funds are manipulating this stock since November 2012. When these cockroaches leave town, the stock should move higher. I am not a trader, I can wait.
It looks like the options will expire at around $85. I just added some more shares.
Long-short hedge funds have been manipulating this stock since last October.
Sentiment: Strong Buy
Current PE of S&P500 at 16.47 is a little bit on the high side, compared to a year ago PE of 13.36. I don't mind to wait for a 5%+ down move, before getting back in!
Sell $600+ billion worth of shorter-term Treasuries and buy longer-term Treasury securities. You are fighting the Fed by holding TBT.
"... With the market so high Bernanke cannot do QE3"
Why do people think that Bernanke is such a smart guy? He didn't stop the housing bubble in 2007.
"...there are sign that Angela is giveng in to Mario Draghi, and bubbles can last for much longer than expected."
Until S&P downgrades German credit rating from AAA to AA+.