He probably could have been more muted but please advise how he benefited?
He didn't so you can say whatever want, you don't know what happened from point A to point B to point C etc.
I'm not a believer in one religion per se because I agree with your point about what religion someone may be born into and for other reasons also.
As far as tech I don't agree with all the details of the machinations of exactly what's happening but stocks are geared up and I do believe manipulation does occur in the market and especially in this market.
That said it probably always has existed to some degree in almost all markets. It's just a bit exaggerated in this market where there's lots of easy money and a FED that wants it up, up, up.
There are scientist of all types that are believers also.
It could be that once you die you simply rot.
It's also quite possible that not all the dots can be connected through logic.
Unfortunately the tightly held float there allows for all kinds of magical runs and as we know these runs ultimately help the company in a big way while hurting the competition.
If one believes there is no such thing as stock manipulation than all is fair.
I don't believe it for a second but since there is no 100% proof AMZN is manipulated and since the FEDs mandate is to push the market up for the ultimate good of the masses I think if anyone did provide them with proof of anything illegal in such a stock they would ignore it and do absolutely nothing.
Taking any action would work against the goal plus they rarely move proactively, it's usually well after the fact.
You may or may not have something similar here but the large growth in subs and the huge head start premium will most likely exist here until the bull ends or some data point(s) comes in way at of whack with the story.
To me AMZN is more of an outlier than this is, even though it's 15%+ off it's highs but that's me.
They're insider sells but honestly there is nothing unusual about this in this market.
Insiders at many companies that have had large runs are simply diversifying and taking advantage of a market that the FED wants to go up.
The mistake some people may make is thinking the cash flow via these exercises is sustainable. Well, it is as long as a company's stock keeps increasing at the same rate it had, everything else being equal.
It's ultimately great for companies that pay large percentages of their compensation in options vs. cash, although a company that practices this approach will theoretically come under more pressure if the tide turns. CRM would fit into this category.
Great post bulb.
The lessons cam be painful but if you don't like the way a stock trades or believe it is miraculously supported (like many believe this is) just stay away or pick your spots very carefully with a certain amount of pain threshold or a longer term plan within a portfolio.
At the end of the day "You lay down your money, you takes your chances."
Amazon never discloses details about the finances of their businesses and if and when the stock turns over (I did say if) do you think their will be lawsuits regarding their non disclosures?
Well it wasn't an outside reversal today but I'll take your reversal and reverse most of that on nearly twice the volume with the majority of volume coming in the last half hour of the day.
What do the technicals say about that john?
It does seem like the shares have been under accumulation just based on the naked eye since the 2nd PR from last week.
Translation: Both of these institutions would love to be involved in WDAY's next share or debt offering.
Same ole. Same ole.
Exactly. Low ball and beat on a bloated company that won't make GAAP earnings for years and trades at a ridiculous valuation relative to sales.
Full disclosure: I have no position but have shorted and bought puts here but not for quite a while.
I just took a very quick look at the growth numbers. The good news is as you all know revenues increased by a whopping 73.7%. That said the bad news is costs grew significantly faster at 77.7%.
The other good news is they guided up. The other bad news is at $91 after hours and with the 184.319M shares, this trades at a market cap of $16.773B for $765M in revenue this year. That's a Jan 2015 P/S of 21.9 for a company that will make GAAP profits when?
I suppose they said the huge costs growth is to fund future growth but we'll see how they play this the next few days and weeks. They could rally it strong or they could fade it. You never know.
Or goat I guess I should say they provide the money for policy which enables the people the lobbyists represent to make more money.
Lots of money involved that's for sure. Common sense be damned unfortunately.
I don't think you got what I was saying at all goat or maybe you did but you think common sense trumps money to most of these people.
It doesn't. Many are bought and sold. Money is the be all and end all to many.
I like money too but I can tell you it's no where near everything to me. I won't sell my soul for it. never did, never will.
The whole idea of lobbyists is tit for tat and having votes bought for a price.
Unfortunately it's a pay and play system. We all like to believe altruism rules the day but as you make your way in life you see enough to know that the almighty dollar is too many people's God.
How are lobbyists any different than someone paying a bribe to a policeman or anyone else in a position of power?
They aren't because they are considered legal.
As far as global warming there's too many things that nature has changed on it's own in the earth's history to say 100% that it is a major factor in climate change. Do I believe it has some impact, yes I would say probably but I'm not sure what percentage of the impact it is.
Thanks for your take turb, that makes decent sense but they did say they did get one component of the two in the product within this refresh.
They certainly thought the win that got pushed back(product push out to a later date) from the customer would offset the missing component somewhat if not 100%+ and of course the CEO did say that they think this will be a $200M revenue company in about 5 years.
You mean like getting 86ed?
Yeah, if the nonsense ends this will certainly get that.
The nonsense is still going on so whenever the insiders can sell again I'm pretty sure they will.
Stocks in general have gone up but where it disgusts me is exactly where I've stated.
Just to remind you QE has not ended yet number 1 and an accommodating Fed 0% interest rate policy will be in place until sometime in 2015 most likely.
As a pretty sharp trader and market watcher said late last week "Chairwoman Yellen is accomplishing her goal of pushing up the S&P 500 and the Nasdaq, Bravo."
If she doesn't and the middle class doesn't come back where do you think that ultimately leaves the country?