when you watch stock market yesterday and microsoft windows 10, google and FB selling our privacy to govt--there is no question our form of govt is not democracy, not a Republic but Fascism. the markets are not free but absolutely manipulated. 200+ fall in morning, 200+ gain at end. Why? PPT stepped in to manipulate-- very disheartening--in a free market FAZ would have gained considerably yesterday but banksters got govt supporting them.
I'm in Asia now--Asia stock markets getting killed today, Europe too. Dow futures at 2pm here in Asia already down 67, expect another 7-10% gain for FAZ today. If it closes at $15/share--predict reverse split price between $50-70. Anyone who wants in FAZ better get in Wednesday while price in teens, starting Thusday price will be much higher and more cosly.
I don't know what the FED will do. I think everything they've said to date about tying to unemployment rate is pure rhetoric and Bovine scatology. Frankly I do not think they can raise rates without crashing entire financial system which was the elite plan anyway--use Fed QE as a trigger. Regardless I think we saw a lot of weak FAZ holders leave yesterday and there are ample events occurring throughout world besides FED decision that will make this stock Soar. I'm holding for $12k/share.
premarket $13.34 but said only gain of .04 but yesterday close $12.52. Also I clicked on 6 month graph had Sept 1st high of $52. Maybe they jumped gun on reverse split but pricing seems screwey to me. Anyone else know why?