His solar city stock is being decimated. An analyst on CNBC the other day said to avoid TSLA stock; that it was extremely overvalued; that it is a great short candidate. Looks like he is right and investors should take pause on this auto stock. If you're in this best of luck to you. Tomorrow could be painful.
Go on margin at 8% and max out. Also, borrow all the money you can from everyone you know including your kids education. It's only money. Go for it! Now leave the poor investors alone with your inane blogs. The pain is enough for these guys in this loser.
What a demoralizing story - this loser was once the 'darling of Wall Street' oil investment just a few years ago. Today it is near bankruptcy. Good grief, the share price is 34 CENTS per share. Just a matter of time for some of the VERY weak oil 'related' companies.
Losing his 'rear end' on several of these LOSER oil company investments. This thing was down to $1.50 per share this morning. Rumors that this LOSER may 'restructure' or declare bankruptcy. Huge volume on huge collapse of share value today.
This LOSER has the 'lowest PE' for a reason......it is more volatile than the others. It is a high BETA stock.
It would have gone BANKRUPT if not for the taxpayer back in '09. Wall Street values LOSERS with a high BETA for a reason....there is so much more risk. If you want to play banks why not WFC or JPM. Check the BETA out on these. And these stocks have escalated in value, not off 95% like CitiHYPE from its high set just a few years ago; and with a minuscule dividend.
Yeah, another one of those 'PUMP AND PUMP' stocks of Cramer's. Today it is at ANOTHER yearly low.
And off 8% today alone. Will this braggadocio continue to PUMP this? What do you think????
This 'analyst' (a term used 'loosely' here) was so critical of this LOSER stock back in '07 and for the next few years. And the stock did plummet but then rose again off historic lows. For the past YEAR he has been EXTREMELY bullish and calling to buy this LOSER back when it was $55+. He said it was his favorite financial stock. Well, there you go. He thought it was CHEAP based on historical price average. And it's MUCH cheaper today, falling over 37% from its high set months ago. Morale of story: NEVER LISTEN TO THESE LOSER ANALYSTS. THEY KNOW NOTHING!
But CitiHYPE is a LOSER and MAYO today knows he should have NEVER recommended it. But to save FACE he will continue to pump this LOSER until it gets to a price where he can unload it and, at least, break even at the expense of NOVICE and UNSOPHISTICATED 'investors'....And so it goes.....
Disc: No position in this LOSER, thank heavens...
Friday it gets a downgrade to SELL at $ .50 per share (sure that satisfied many investors)....bankruptcy looms according to Barrons.
What happened here? This was a great stock with a super dividend and all is lost. Today, anyone who stayed in this LOSER is doomed. Anyone who played this wish they just invested in MCD or MSFT. Gosh, dividends solid and escalating price per share. Now that's a formula for success.
or reverse split adjusted $39.99. That's just 93.35% off its high set back in '07 and with a dividend cut exceeding 99% (one point is was 100% cut). Can you say LOSER???? And it's going LOWER....this company will NEVER recover. Burned too many 'investors' (a term used loosely here).....
Yeah, you MORON, that's what you need - a Socialist! That will make everything just wonderful!
Margin calls, mutual fund selling (based, also, on customer redemptions today), panic selling,
financial shows adding to the fear, stop losses, and so many novice investors who panic easily.
But those borrowing funds to buy shares could lose it all. I see where Scottrade charges 8% for margin.
That's huge! And then once the stock plummets you get the DREADED margin call. Result: HORRIBLE LOSSES. And you're still stuck with all the interest. This really adds to the selling. Those who invest and who know what they're doing and invest with their own money can wait out the storm on good stocks. NEVER PLAY MARGIN. It will get you!!!! And burn you badly....
Today, after the crash, he is retreating. Typical Cramer. I never buy or sell on his advice.
Disclaimer: I own NO FANG stocks or tech for that matter. Only dividend stocks that have reasonable pe's,
increasing dividends, best of breed in peer group, projected growth, and stocks that let you sleep at night.
Glad I am in NONE of them. Thought about it a few times like everyone else but don't like stocks where EVERYONE is in them. There are NO buyers left. And now there are ONLY sellers!
Just did a little research on this HUGE LOSER! What is the ALL TIME HIGH on this LOSER? Would you believe just under $50,000 per share. YEAH, $50,000 per share. I couldn't believe it. Excluding companies going out of business this LOSER is the biggest current LOSER of them all. My goodness, dig a 6' hole and bury this one once and for all. Oh, and they can't do another REVERSE. There aren't enough shares outstanding to accomplish this. It's just a matter of time and the SOONER THE BETTER!
I don't know how REVERSE SPLITS this LOSER has had. To reach it's all time high must be around the $2,500 mark or so. It's $7 now. This LOSER needs to be put out of its MISERY once and for all.
So many have LOST money on this LOSER. I hope the shorts take it down once and for all so it will no longer hurt investors. THIS COMPANY IS A LOSER!
For anyone holding this BUBBLE stock. All these high flyers that all NOVICE investors were flocking to are being decimated. LNKD is another great example. AMZN has dropped 200 points in less than 6 weeks.
GOOG which had great earnings is plummeting. All these HYPED stocks which everyone owned (except me) or still owns. Gravity does take hold eventually. So many will lose so much money in these stocks.
FANG stocks rose quickly and will plummet as quickly. They will be 'values' eventually but only the real PROS will realize it and seize them. Others will jump on board once they quickly risk again only to lose again.
And so it goes in this gyrating market.
When stocks reach climatic highs on exaggerated enthusiasm and HYPE look out below. This has happened here and with LNKD and so many others in the last week or so. This will bottom out somewhere but how much pain can the 'normal' (rookie) investor take? It will be a bargain somewhere but most will miss it. The 'pros' will make the money as usual, and the schmucks will 'lose' as usual. And so it goes in this majestic market.
and sold it in the teens after the first disastrous earnings report a few years or so ago. I don't know if I will repurchase this at $1 or so again based on the fundamentals present now. This stock is worse now than it was back in early '09. I don't know where the bottom is. Too risky for me! And McInerney is a questionable CEO.
But he did get his HUGE bonus a few years back when the stock soared for no reason. Just after he got it the stock began to crater. So, the BOARD is feckless, too. Probably everyone should be FIRED! Maybe this would be a reason to buy then.