Looks like it was a catalyst. Buyers today are looking that far out. The funds buying are so big and need such big positions that they have to do it before it materializes otherwise it is too late for them.
It is higher in spite of Obama. Almost everything he does is anti-business. That is a fact. Not saying that is wrong, as he has been clear about his agenda from the start. . Pro-poor, pro-assistance, pro-redistribution, Yes. Pro-business, NO!
I am guessing you mean "tripling?" Not a surprise. This is good for a very small # of folks and bad news for the rest of us. The uninformed have made our bed, Now we get to sleep in it. Fortunately, I can afford good sheets and don't rely on the economy or a regular job for $$$. Otherwise, I'd be in for a long tough slog.
It means that fswine isn't grounded anymore ( he got grounded for losing so much of his parents money shorting FB a few weeks ago) and is back for more pain. This means he will post stuff that is meaningless to the funds that are building HUGE positions in FB stock:-) Ignore him.
This stock trades based on whether BILLMILLER is at his desk or not. Up huge on down days (Bill at his desk). Sometimes not going anywhere on an up day. (Bill has something else to do...daughter's recital?). Obviously, I am being facetious, but the truth is it doesn't always track the market. The good news is the up volume swamps the down volume which means this thing is going to the moon!!!!
Ncs try but this doesn't resemble a blow off top. This is just a huge steady rise due to massive accumulation. As for Cramer he is long FB big time as he is quite a bit brighter than you, it would appear.
I have never seen anything quite like this. A high beta stock that chugs higher on no news on a down day. The funds have concluded that this is THE game changer stock for the foreseeable future, and is a essentially a must have name for every fund, and they are just buying on a regular schedule day in and day out. A thing of beauty if you are long:-) Fun!
I am proud of you, steveo for doing that math (small hand was on the 8, little hand on the 4), but let me help you understand. When he says "Huge crowd at Dunkin today at lunchtime," nowhere in that does he state explicitly or implicitly that he is typing his report at lunchtime, only that the observation was made at lunchtime. I am sure he regrets confusing you. I hope that clears it up, and allows you to focus on the information....that there was a massive crowd of one at Dunkin at lunchtime on the day in question.
They call this minimizing taxes not evasion. Similar to what you do when you maximize your deductions, unless you really are not very bright.
He was chattering like jaybird on here this AM, now it's crickets from him. He falls into the category of numbskulls that are seldom right but never in doubt. You can spot them spouting their special brand of BS in every singles bar in America. They actually get away with it there sometimes. I hope he comes back. Having guys like him and wang around is more fun....kind of like a new episode of jack a s s every day. I don't know why, but it never gets old watching guys kick themselves in the n u t s.
Unless you meant your account in the red, you are Hwrong again. I give you credit over my fellow long that can't spell "guaranteed" though.
Congrats, markwang. You've certainly earned it.
Any new investors, if you want to beat Buffet, but don't have a lot of time, just do EXACTLY the opposite of what markwang does! Cheers!
I am guessing you are trolling for a "nothing" answer. It is the same "nothing" that the TV networks have been selling since the 50's to the tune of hundreds of billions of dollars. They sell eyeballs and no network has ever reached as many eyeballs as FB. Consequently, they manufacture profits. Best part? They don't pay anyone to produce the content. Bigger audience to sell to advertisers, ability to tailor ads to individuals, and WAY lower cost structure. I look forward to when they offer me an ad-free version for $10/month. Want to take about profits then? My advice would be to get out of the way, or better yet hop on and hang on!