On Spending. I keep hearing this as the biggest complaint about their earnings report. I do not understand. Yes, they spent a lot. BUT, they told us they were going to step up spending this year. This was not news. What was news is that their spending was actually Below estimates. Why is everybody talking like it was a surprise? And furthermore, even with heavy spending, they still made Tons of money. What's the problem? This is not like AMZN for years and years (spending on stupid stuff and Not making money).
So, I really do not understand the fixation on their spending as a negative. And, I also believe that this spending is going to pay off big time over the next several years.
I would certainly not call AAPL and FB earnings "Bad". Their stocks went down, but the earnings were very good.
Another Chip In The ($4) Wall
We knew there was humongous resistance at $4. SIRI just has to keep getting there and chip away at it. Eventually, it will be able to jump over, and stay there.
(And, yes, I was also part of the "Wall"; although I only sold a very few, I just wanted to take a little profit)
I agree, that was a great report. I actually love it when a great company puts out great results, has a grest future, and.............the stock goes down. Because I buy more, which I did this morning. 24 analyst upgrades!
I feel very comfortable holding my shares. Now, when it gets up to the $102 -$103 range, I will probably sell some.
All I will say is whenever I think something is a sure thing, it usually does not happen. Market is irrational.
I have very, very little doubt that FB will release good numbers/information tomorrow. But how the stock responds is pretty much a toss up.
So, you profit below $91.05 If it does get below that , let us know how you close it out. I am interested if you let it exercise or if you will sell the option back before end of day Friday.
Ummm, wrong board.
OK, we all know (even the bullish among us), that FB has had a real nice run up to about $99, and that expectations are very high for FB earnings. The stock may have been priced for perfection at $99, and it would be easier to go down than up. But now that it has pulled back about $6, I wonder if some of that over-exuberance and Perfection Pricing has come out already? I am not saying that it can't go down further, it very easily could. But maybe the price is starting from a more modest value.
Well, good luck to us ( longs). But what are the odds that "everything works out"?
Slim to None in my book .
FB market cap is $264 billion
LNKD market cap is $27 Billion
The actual share price means nothing.