If they fail to lock down goog, then the rest of market will catch fire and FB could print $56 at clo se. Even deadpan apple could add $15 tomorrow.
Car fire was the last thing on my mind. I was thing, shutdown, debt ceiling, note conversion etc.
Given the fire, I expect note holders to convert fast while float is low.
Given low float and volume. $250 is coming faster than you think.
What does this guy do? Buy jan 2015 calls.
Attacking supply chain worked last time, so they say why not repeat. The problem with short hedge funds playing this card at beginning of month is that if Aapl does not fall, they will have to cover fast. It would have worked wonders last week with funds painting the tape and selling the iPhone news.
There are easier hirts like NFLX and TSLA and AMZN whose PE game will be exposed this quarter.
There is no seasonality in nflx and Tsla, so end of year is a trap. Amzn, will have wider loss due to what Bezos calls laying the groundwork and Alibaba is coming to town soon.
With earnings on tap in three weeks, taking on new positions, on short side is probably not smart.
I won't give you a thumbs up or down,coz you are simply reTwiitting, or is it reYahooing?
The shark is at $35. It happened to FB at $35. Yahoo will jump that as investment banks paint the September tape today and Monday. That is only $1.50 away at open. They do not see why it should be that much cheaper than Lnkd, amzn, nflx or even google.
Do you remember the 29th of September?
Love was changing the minds of pretenders
While chasing the clouds away
Our hearts were ringing
In the key that our souls were singing.
As we danced in the night,
Remember how the stars stole the night away
Aaahh Ba de ya - say do you remember
Ba de ya - dancing in September
Ba de ya - never was a cloudy day.
I have seen many convert notes especially in biotech companies such as life and ilmn. I have also seen companies call those notes so as to avoid the interest on the notes. Given how they paid off DOD early, this company seems to not like paying interest.
Dr Seuss would say
" i do not like interest, I do not like paying interest. I do not like paying it here and I do not like paying it there. Musk I am."
Awesome jmcvicker and n0m0renancy.
We will see what happens after 0ctober 7th in the midst of Washington squabbles and a week away from debt ceiling showdown.
Whomever gave me a thumbs down maybe because I dumped them or their mom. Loooooooser.
Each $1,000 of principal of the Notes will initially be convertible into 8.0306 shares of our common stock, which is equivalent to an initial conversion price of approximately $124.52 per share, subject to adjustment upon the occurrence of specified events.
Holders of the Notes may convert their Notes at their option on or after March 1, 2018. (No issue there)
Further, holders of the Notes may convert their Notes at their option prior to March 1, 2018, only under the following circumstances: (1) during any fiscal quarter beginning after the fiscal quarter ending September 30, 2013, if the last reported sale price of our common stock for at least 20 trading days (whether or not consecutive) during the last 30 consecutive trading days of the immediately preceding fiscal quarter is greater than or equal to 130% of the conversion price on each applicable trading day;
(After October 8, this will have occurred, because Jul-Sept Q qualifies as preceding quarter)
2) during the five business day period following any five consecutive trading day period in which the trading price for the Notes is less than 98% of the average of the closing sale price of our common stock for each day during such five trading day period; .
Does stock have to drop below $168?
Wait till the worldcup soccer fever catches on. In case you do not know, it is in Brazil next June. Yahoo is gonna beat google in mobile as well. Placing jan 2015 waaaaay out of the money calls will pay huuuuuuuuuge.
I get annoyed buy advertisers pay. The other day while watching evening television I could ted 17 commercials during one break if a regular show. Try it tonight, even on a news channel ( abc, cbs).