I hate FB as a service, but I respect their business, and yes, management is very smart. I used to think they'd look to buy Twitter, but they're too smart to buy a losing company, and more likely to compete with them on their own.
FSLR is a growth company. Almost every quarter they report weak revenue and earnings, and this report today was awful. And then every quarter, they come up with #$%$ to offset the weak report. Two quarters ago they talked about a turnaround, and analysts were all over that. Then last quarter it was the yield co., and the stock spiked as a result. Now they're trying a partnership with CAT.....When will this company trade on fundamentals and not hype?
26% down in AH....I was going to try only 100 shares short, and didn't pull the trigger...I've seen it go both ways.....Well, as I'm sure you know, you should never look back, there's always the fish that got away, but there's more fish in the lake.
Look at the SOX....there's so much underlying weakness in tech; tech cannot advance from here without support from the semiconductor space.
But the 6+ year bull market is finally rolling over. Former leaders tech and biotech are getting absolutely crushed, and the only thing up is what has been lagging the past 6 months, energy. You can look it up, but in a normal business cycle (of course nothing is normal in this market), energy is the last space to rise.....after that, it's over......At the very least, 2000 will be tested, and if that fails, 1800.....
AAPL has broken down below the 50dma. This EU investigation is very costly, not to mention damaging to the brand in Europe. It looks like we may see $100 here.
"The wealth effect should have worked by now, but it hasn't." I'm afraid if I announce to the market that I'm raising rates, the market will fall .00000000003%, and I don't want it to fall that much. So I'll just tell the markets the same thing Ben and I always say, and that is "we're not in a hurry to raise rates, and our actions will be data dependent." "Hopefully that will get me off the hook."
I expected more from this report. Keep in mind, this company is trading near the highs, and yet they missed their revenue numbers for this quarter, and their guidance is a bit light. That's not what growth companies do.
What will Cramer say now? Since he's a fair weather guy, I'm sure he'll tell you wait a few quarters, don't buy it now.....Of course that's after telling everyone to buy it before earnings.
What an absolute disaster. Great idea, not executed very well. Their best hope now is to be bought by someone like Google.
I'm not sure why analysts raised their price targets, but I guess the stock is up because oil is up. Of course we all know it's not where it trades, it's where it closes (stock price and oil).