That's what I mean. Bad time for the FM's to lighten there load, but MU has done well. I do not think they will go to 29 again. New $$$ is coming in right behind the fund managers haircut.
King is nothing like RIM or Blackberry, except for the shorts jumping in to temporarily cause havoc. Shorts fun will end soon... King has more than 190 titles in over 200 countries across web and now 1.5 billion people over in China are linked in to play. Chinese love games, look at the towel they are pulling over our heads. That's called revenue...folks!!! There hits as everyone knows include Candy Crush Saga, but they also have Farm Heroes Saga, Pet Rescue Saga, Papa Pear Saga and Bubble Witch Saga that are also popular. Did I mention they have a potential 1.5 billion new customers in just 1 country. All the games are synchronized across platforms, allowing players to switch seamlessly between devices and platforms and continue their game wherever they left off, so they can play on any device, anywhere, any time. For all of our Saga format games, players can continue through the game without losing lives as long as they complete each level. Players can also return to specific levels in order to achieve the best “three star rating.”
The Billionaire Boys Club had there meeting on which they pull stocks out of a hat to manipulate. Fundamentals need not apply. Its sickening why top rated stocks are played with like this, while high flying trash continue north. If we were not so overdue for a correction it would not matter, but I am wondering if Fund Managers are lightning there positions of Micron or the big boys pulled the wrong stock out of the hat!!!
We have high flying stocks with extremely high PE's (or no PE's at all) and massive debt blow higher, while great companies with great balance sheets, great income statements, plenty of cash, and little or no debt go NO where!!! Its unfreckinbelievable!!! Can anyone believe this company LOCO. Its has not had an earnings report yet and 1/4 of its restaurants have closed within 2 years of start-up, yet its IPO of $15 has more than doubled. Others like FEYE, SFLY, and GOPRO are going through the roof before they have even proved themselves a viable company. Its insane...They are great money makers, but how can you stay in them when there is no guts net. The big boys continue to pump them higher and when we do have a correction these boys will crater.
You have all these momentum stocks that may have future growth, but now they are heavily in debt going through the roof. AND...you have established companies with no debt and $300 million in cash going no where. I sometimes wonder if I stepped through a portal into an alternate Universe that does everything illogical...Anyone?
Inflation?...Poor Management?...Foreign policy? US Dollar issues? Mining Operations Snafu's... Aren't you tired of these excuses? Its makes no sense sometimes...Most people do not believe that Miners are being manipulated. People will eventually have to entertain the possibility that Miners are not just being manipulated and controlled...but Pillaged? Sure explains the 40%-90% stock price drops on most of the small and medium size Miners in the last few years. There is no other Stock Market sector that people would tolerate these stock price drops..
MY MY MY...WHY did they buy!!!...Insiders are out, so don't you pout. Keep strong while they run the company wrong. If you want a "lock", then short the stock. Then go to the "Mall" and watch it fall.
Why don't people realize that TC is a bottomless pit. PM stocks are heavily manipulated and most may not make it...Pure Trash!!!. If you want to play PM market invest in a MF or ETF that has some quality companies in it.