Netflix was mentioned negatively, saying Amazon could basically put it out of business with low profit model.
Since bubbles inflate & pop in sympathy, it is entirely possible, even likely, that all or most of the MOMO bubbles could lose air. Netflix, I'm talking about you especially.
Bubbles inflate & pop in sympathy. Today, Barrons took on Amazon. There will be spillover in NFLX I suspect, an even bigger bubble (in my op.) than AMZN.
We'll see if there is a loud popping noise next week. If not, I'll be impressed with the strength of the bubble.
Techstrategy & others have made this comparison. I don't believe it. It is just a grossly overvalued security, being pumped & traded back and forth by a few institutions in an easy money environment. Below $150, it might be a buy.
"Sell PKI" ($19)--went to high $30s.
"Sell KKD" ($8)--doubled.
"take a look at Bev. Hills Bancorp"--delisted.
"Buy CMG" (last time it went above $440)--stock crashed more than $100
etc etc etc.
Being trashed by idiot bubble blowers is like a pat on the back. You are known by your critics. Nasdaq, Geegee, Skiidady. Well done sir.
Many tourists to Las Vegas from abroad schedule their trips to include stops in the National Parks nearby (Grand canyon/Bryce/Zion etc.). The closure of these parks because of the govt. shutdown could mean massive cancellations going forward.
Longer term the huge expansion of Indian gaming especially in California may represent a serious competitive threat to some of the Nevada. These Indian casinos some very posh and with luxury hotels are a mere hour drive from the L.A. and S.F. metro areas and even less from the San Diego areas. Much of the traffic to Vegas comes from California so Indian gaming is a big source of competition.
"has anyone seen my stalkers stinky & stinky Jr.???" Sounds like you're the one doing the stalking skiidady. You are a waste of time, so I ignore you until you "troll" around like now.
Thank you for the tip on KKD--when you hated it last I bought some calls and made a great deal (and doubled down on PKI calls on your stupid "sell at $19, after which it doubled). You just got lucky with the CMG rebound. Do you actually have calls?
Who wants to see Syb dine on caw caw birds?
rivals Geegee in flip-flops, although more intelligence than GG.
Any "bullish" news will be to allow high volume sales without crashing the price too big. Don't be left holding the bag.
The short's best friend.