For this year's flu season, I heard that the producers of the flu vaccines bet on the wrong strains of potential flu viruses, making the produced vaccine ineffective. My guess is less than 50% protection against the virus, but better than no vaccine, right? This could be considered a positive since there will be more people purchasing OTC remedies.
As I remember it, he told investors to start buying at $7.50 after a 4%-5% drop, made a big deal about it on his show, but never told them to buy anytime after that - not even after the McKesson deal projected higher costs resulting in lower guidance for Q2 and Q3. As I mentioned in an earlier post, there was a kids investment segment on Yahoo Finance during the Ebola crisis where 10-year olds (you heard me) recommended buying Rite Aid at the lows in speculation of sales of sanitary supplies like gloves and hand-sanitizer.
Yes, kids in Middle School make better judgement calls than Jim Cramer even with his 30+ years of trading experience and Harvard Degree. Oh, but he did tell people to sell Airline and Transportation stocks at the lows right before oil plummeted. Now those are some of the best investments to own going into 2015.
I'd rather speculate on the rise of energy prices (Natural Gas, Solar) than a turnaround in Rite Aid. I left 200 shares in at 4.65 just to make the longs feel good.
“Sprint is a volatile name that could rally on almost nothing (it certainly has in the past),” said Mr. Moffett
It's a risky trade no matter what side of the fence you're on. Every reason to hold telecoms has pretty much backfired. Just hoping analysts keep their expectations extremely low for the Q4 and maybe some of us might make our money back.
Sarcastically, it’s nice to see Jim Cramer finally came out the woodworks to mention the obvious TODAY. He would of really impressed me if he would of told people to buy Pharmacy-retailers during the Ebola crisis. You know who was? 10 year old kids. Had a segment recommending investors to buy Rite Aid under $5 on Yahoo Finance due to the speculation of purchasing sanitary supplies – no joke.
Consumer electronics has become a very competitive marketplace, driving sales down as companies try to aggressively compete with one another. What's happening right now with the wireless industry is no different than what happened to the computer and television market in the past few years.
If Dell needed to go private due to declining sales, why not Sprint? If no one is going to take the risk to merge with them, this may be their only option.
Yeah, but don't all U.S. carriers do this? Some people take their wireless use to the extreme - like downloading torrents or running Bitcoin miner programs 24/7. I do believe this should be investigated as it could force wireless carriers to be more upfront with how much they cap customers with "unlimited" access. That way if you are a user that needs more bandwidth, you can be ensured that you have enough to meet your needs. Maybe that could be Sprint's new niche in the market?
There might not be a difference in coverage - in fact, it may be better or equal to your current coverage. For example, I have one neighbor that has At&t and another that has Verizon. They're across the street from me and when they come over to my house, they have signal (2-3 bars). However, when you try to use any carrier in their homes, nothing. You have to go out to the sidewalk to use your cell phone. The interesting thing is the closest cell phone towers are At&t meaning that we all share the same tower regardless of carrier. My $12+ T-Mobile works better than their $100+ At&t/Verizon plans and I don't need a MicroCell unit in my home either.
All of our homes were built at the same time (1978) and I recommend anyone to try either Sprint or T-mobile. As long as you have equal coverage, why not save yourself money every year? Personally I think At&t & Verizon give a false perception of better coverage to their competitors.
There's no reason to taunt the short sellers. Let them choose to be the ones that never left the the elementary school playground if they wish. There's a reason why these message boards have gone the way of immaturity and I applaud Yahoo for not wasting their time with "abusers".
Getting rid of the "Framily" was a start, but having a bunch of dumb #$%$ rave about the iPhone 6 doesn't grab my attention as a male (seriously, that commercial makes me #$%$ off to own shares every time I see it, regardless of the PPS). I don't even have Sprint service, either - I have T-mobile but only because I pay $9.99 for practically unlimited service.
If Sprint can sell me service and tell me (or better show me!) in a commercial how much better they are than the competition (Like Verizon does with their coverage maps), then we may have something worth riding until Q4.
How is it that Yelp, Pandora, Twitter, and the mother-of-all social media - Facebook crash following lower guidance reports, yet Groupon rallies 20%+ on poor guidance? Honestly, Is it just a dead cat bounce-short squeeze? Disclosure: I have no positions in Groupon.
Pandora - lowered guidance, shares drop
Yelp - lowered guidance, shares drop
Twitter - lowered guidance, shares drop
Facebook - lowered guidance, shares drop
Groupon probably won't pull any surprises, either.
Sentiment: Strong Sell
Since ebola and the flu have similar initial symptoms, vaccinations for the flu will be in record numbers. That way, if you get vaccinated and still have flu symptoms, there's a possibility through process of elimination that you may have contracted ebola. It's a good precautionary measure if nothing else, especially if you're a hypochondriac. I'm also looking into companies that produce flu vaccines, too - could be big until we get a ebola vaccine.
It's all totally lame and insignificant. While you're at it, why not post about what you ate for lunch or what you're planning to do this weekend? Do you ever ask yourself "what is the point of posting message after message after message"? It's pathetic - get real.
Overall, I'm actually surprised the market is even up at all. The only thing worse than today's Air Traffic Control center shutdown that I can think of is a terrorist attack on american soil. It's kind of a security wake up call - taking down one and the whole system falls apart.
Going long, I hope you and I at least get our money back - I still haven't averaged down yet.
1. You're a hipster who should really stop shopping at Forever 21 to buy your teenage girl skin-tight jeans among other things. Seriously bro, be a man for once in your life and switch to Ben Davis - your children will thank you.
2. You're putting your phone in your back pocket and then sitting on it. If Siri hasn't already told you, your iPhone is subject to physics - which brings me to #3...
3. You're overweight and fat as F___.
Just remember Apple isn't responsible for your lifestyle habits. Buy an Otterbox - problem solved.
Might as well - been holding a couple hundred shares too long since $10. As soon as my mortgage refinance clears today I'm averaging down... and crossing my fingers.