With the NFL deal and this being an election year. They will get a massive boost from paid tweets from all the political parties!!!! HUGE upside. JMO.
You also know the the hedge funds are adding to their position to spin the story. Ackman and their ilk don't take losing money well. They will get the CEO removed or divisions sold to move the stock up. Meet me back here at the end of April and we'll see who's right...... You won't be!!!!
All I'm saying are the brands are worth money still. Everyone acting like it doesn't sell anything or have any value when it really does. B & L worth more than when they bought it 2 years ago. So selling it cuts the debt in half. They are in the pressure cooker to resolve everything so their feet are already on the fire. I see this getting resolved and the debt being wound down over the year. This cat will bounce it's just of matter how high.
They can raise cash on the drop of a hat they own lots of desirable brands like B & L which are as good as gold.
Bought at the close......Buy when there is blood on the street and there is a ton of Valeant blood today. Once they sell some of the business' and reduce debt which they are now forced to do the story will change once again. With great adversity comes even greater action to right the ship. I don't think the story will get more negative than today....... talk of default is fairy tale talk to drive the stock price down to the extremes. They can sell B & L double for what they bought it at!!!!! Great opportunity going forward to profit as this disaster is unwound.
I'll tell you why, Klaus is saying all the wrong things he's saying record sales this year and your company is making 0.02 a Q. WTF??? So if we do get a recession we can expect what??
The fact is stimulus doesn't work!!!! It just screws with the demand picture which is why exactly AA went from 0.33 last year to -0.39 this year. All these companies budget their production for growth and when the stimulus $ is cut back or exhausted the demand drops like a rock. They are still trading at 20X forward earnings!!! Hold at your own risk.
Only #$%$ are still in stocks. The banks are reporting tomorrow and next week......why do you think we are getting this sell off? Because banks who trade stocks know how the real economy is doing and they also know what they are going to report next week so the banks are the ones selling into the market. They know that the only reason why the DOW is at 16,000 is because the fed is spending a trillion dollars every year to keep up the market bubble. Now as they try in reign in their spending you will go from sugar high to market crash. The only way for them to avoid this is even more money printing. Look at the US debt clock it is off the charts you US #$%$ will NEVER EVER be able to pay back your debt much less generate meaningful growth or inflation. The real inflation rate is really over 20% because if you didn't have all these stimulus measures you would get a deflationary spiral of over 20%!!!!!
Does anyone not have an IPad. Who buys an Ipad 5 when they have an Ipad 4??? Nobody. The smartphone market is also saturated. Which means Y/Y comps going forward will start going negative!!!!
What the Fed is doing is WORKING at the cost of total debt look at the scary US debt chart and you might vomit. The growth is real unfortunately so are the cost. Are they getting back more than a trillion dollars in growth per year?? The answer is NO. They are forced in a corner where they realize the debt is unsustainable at current spending levels and need to dial back the borrowing.
It's real in the sense the Fed is spurring demand and job creation. The cost of this growth is 1 Trilllion dollars per year in stimulus and borrowing by the Fed. In essence total debt owed by all Americans are at an all time high as government debt = citizen debt. Which economy wouldn't show positive signs when your pumping a trillion dollars a year into it. Remove the stimulus which they are trying to do now and SPLAT goes the economy. Look at the purchases; it's not real strength. When the economy was real strong car companies were selling cars by the boat load and a good financing deal was 1.9% for 2 years. Right now everyone is telling us how the car companies are stronger than ever when they are giving the care away....0 down, 0 percent interest rate for 96 months. HELLO? So when you well a car that person isn't going to buy another car for 8 years!!!!! THat's not strength that's just pulling future demand to the present!!!
This is why stocks have been rallying. Unlimited printing of money, ultra-easy money rules, record low interest rates........spurring demand and asset inflation. Only problem is that the US has to borrow a trillion dollars a year for an infinite period of time to mask the true economy; what is the point of all this if it's all fake?
The rewarding system is shaped like a pramid as you sign up more underlings under you. Does this sound like a pyramid scheme to you?
Take the dough and run. After reporting a 4 billion dollar loss this is a dead cat bounce that lets the longs escape their long positions and nothing more!!! Another redesign?? Are you joking BBRY?? You guys are going to redesign a low end phone where Samsumg has now cornered the market with your substandard software and apps?
Where are the BB Bulls..... this is sound logic which is why the down side has still 50% to run......under $5 by years end as tax loss selling pushes this down even further. A company that use to have 10 Billion in the bank is now taking out loans after taking 3 years to launch BB10 is not where you want to be!! More losses and writedowns to come!!!!