More like raising rates is an inevitable thing and postponing it a month or too does nothing to the market. So good luck with more bad economy news is good kind of thinking which worked in the past.
Well at least this is falling on some news. Madness goes in both directions when this went from $70 back to $100 in a week without any news.
Something is very wrong when people are buying this stock in the $60's and then gets halved with a $1b infusion!
Hard to catch falling knives in this market. But do make a ton if you get it right. Sune was $11+ and today $16? Sharks get your shares cheap and then dump it for huge profits.
How does this jump 35-40% on earning news when people already learned about the Celgene infusion? I don't see how this can react so positively without further surprising news but then again market is crazy when you see AQXP jumping from $1+ to $55 in two days or GOOGLE going up $50 bucks on reorganization news.
That guy is hilarious but he called it right apparently. Can't be catching falling knives in this market. Those that went in $18 after hours last night are staying at another 20% losses now...
People are missing the point thinking AMZN should not go up when it's $450+ with no earnings. Why's funny is that it makes few millions and market cap was up 40-50 b?
The entire WS is a scam that's why you have things like NFLX and AMZN rallying 20%+ with paltry earning and AAPL going down hard making tons of money daily. I felt extremely lucky as I was only trading this from $10 and got out at $10.35 and did not expect this to drop another $2 in one hour.
I know. But that's the same defense shorts have thrown at this dog for years and it keeps reaching new highs. I do wonder how Amazon makes money though. My wife bought a wrong item which is $20 yet they covered shipping and returned shipping which I believe was $9+ each way?
Little bit of profit taking now but the way this crazy market goes this should touch north of $500 next week. Why not? GOOGL and NFLX up 15-20% after earnings, it's this dog's turn?