Untrue. Grasso said he is long Twitter, expecting a strong rebound. Guy Adami said he would not short or "get in front of" Grasso's long. Invisble hand is right. Going to $45 at least. Why don't you watch Fastmoney instead of lying about what Grasso says?
Actually, they did. Arthur Burns, FED Chairman at the time, created massive amounts of new money to get Nixon re-elected in Nov. 1972. This money creation set the stage for the final "Nifty Fifty" blowoff in the stock market in late 1972-early 1973.
Like that old E.F. Hutton commercial---when E.F. Hutton talks, people listen. But E.F. Hutton is no more. Substitute Twitter for E.F. Hutton. The world's forum. It is valuable.
Practically all of them. They love it.
I was happy too sell my puts when it touched $29s last week. Now have a small call position.
The usual candidates--Google, Facebook, Apple, Microsoft, even Yahoo, maybe the I-man, even the B-man and the G-man.
Acc. to Barrons, and I agree, there are plenty of potential buyers,. Will never see $73 again, but $55-60 seems possible.
One more glorious spring-summer rally to fool the majority that a New Era of prosperity would bring a car to every garage, a radio to every parlor, & a chicken in every pot? Ain't we got fun?
Final word--Twitter might be the only broken Momo stock I would buy here. Someone with wads of cass (Apple? Google? Yahoo? Facebook?) might be greedy enough to pay $50ish for them acc. to Barrons. Other then that & maybe preciois metals stocks, sell everything. Momos. Big fish. Minnows. Sell sell sell.
Good news--you're right about silver. Has ten times as much potential upside as potential downside from here.