Raise rates to save the economy? Did you go to the Bernie Saunders school of economics? The economy is barely moving, let alone over heating. A Fed increase of 1/4 percent is hardly going to do anything, other than to be symbolic.
I think Cramer went right over your head. He's saying many companies are doing well and don't have exposure to China/Europe. So he's saying the market's are irrational. There has always been a disconnect between the reality of the fundamentals and the emotions of the market. Why can't you see that? Get to an understanding of Buffet's quote that "In the short term the market is a popularity contest; in the long term it is a weighing machine".
No insults but everyone is an idiot? I was going to ask how stupid you could be but now it's plain to see.
The stock traded as high as 169 in AH. How much higher did you expect it to be?
Only a fool and a tool would mention bankruptcy here. You are now officially designated idiot of the year.
Considering it traded above $51.50 only one day this year, (and closed below 49) you must be a freaking genius when it comes to timing. I will now sell everything I own and put it into your competent little fingers. How fortunate we all are to have a Perter Lynch available to us on our message board. Please tell us where to put our money today oh wise one.
Um no unfortunately he isn't. He doesn't always get it right but he#$%$ a lot of homers like Skyworks in the 30's. And that idiot has made millions while you only make noise. I don't hold a lot of faith in what he says but I don't want him against me either.
You are going against virtually every talking head that says to jump in at $110. Time will tell.
And Buffet said "In the short term, the market is a popularity contest. In the long term, the market is a weighing machine." So basically, one day doesn't mean a whole heck of a lot. Talk to me next month., after I've bought more and made a few bucks.
I learned long ago that those with no stake that do a lot of talking are almost always wrong. Why don't you troll on a board where you do have an investment?
Why such an OTM Put? You paid a lot of cash for that one. I sold 88 Puts and 99 Calls that should both expire worthless if all goes right. And I was given a healthy chunk of change for both of them and really wouldn't mind if either one were ITM.
Does anyone really buy a car because of an ad? Well maybe a moron or two but c'mon man are you for real? Sure getting info out on a new product might help sales but most people don't buy Greek yogurt because Jamie Lee Curtis tells them to. Come up with a better reason for being short going into earnings.
Would love to see 60, but why should we expect it? Realistically, this quick $10 run up is on no news. Hence, the only explanation is the anticipation of the NDA. I can't see it moving much higher now until the announcement. If anything,as time goes on without any news, it might start to slip. Understand that I'm long and plan on staying here, I just can't see any reason for it to go higher now.
If your asking about my assertion that option traders get it wrong, there are studies all over the place that show 75% of options expire worthless. For Puts it runs over 80%. Countless "experts" are out there selling programs that supposedly will show us how to trade options profitably, they wouldn't do that if there wasn't a market. Just follow any of the fast trader guys on CNBC and see how often the fast money gets it wrong. Most option strategies count on one big score to make up for many smaller losses. Don't get me wrong, I trade options. But the assertion that option trading is some crystal ball into the future of the stock price can get you into trouble. It works until it doesn't.
You sound bitter, eating huge losses can do that to you. I have rarely posted here since I sold 18 months or so ago, but my posts have been consistent. When these funds got to premiums exceeding 8% they got expensive, dangerously so when the premiums exceeded double digits. An historical review would have shown you that the premiums tended to disappear during every market pullback. The last two years have been an exception, but inevitably the chickens have come home to roost. You didn't have to be in the industry to see this coming, but console yourself with that idiocy if you must..
The stock is up $4 in a week and you write garbage like this? What is wrong with you? The Kardashian's must be in rerun mode and you have time on your hands.
Can't fault you for getting out after such a beating. But don't look to option trading as a crystal ball into the future. Option traders get it wrong as often as stock traders do, sometimes more so.
Foolish question regarding average returns over the next decade. Anyone that thinks like that is asking to be burned. Even if you buy and hold you should be constantly reevaluating your holdings. I held NCV/NCZ for years from the 5's into the 9's and got out when the premiums got too high. GABUX, ORC and PSEC were all great investments for awhile until they began to rot away. The better question to ask yourself is why didn't you see the writing on the wall and bail out before NCV/NCZ dropped so precipitously? Another good question to ask yourself is why do you believe it will turn around anytime soon? There are better and safer places for your money right now. Until that changes there is no reason to buy or even hold here.