Truly a travesty.
Caterpillar has been manipulated up for no fundamental reason, I foresee a major sell-off post earnings.
Cat is another stock that has been manipulated up for no fundamental reason.
One must comprehend this market is controlled by computer trading, large institutions that have the ability to manipulate the direction of stocks in a low volume environment to their favor especially in an era where the Central Bankers have murdered the free market via negative rates, endless quantitative easing.
IBM is a clear example of this manipulation. These cockroaches saw a stock that had plummeted last February over 25% in a very short period of time. When the selling appeared exhausted around the $118 mark the big boys came in knowing they could ride this PIG all the way up to the earnings announcement, retracing nearly all of the 25% loss.
When IBM briefly spiked in the after hours yesterday, trading to $156, the Big Boys hit the sell button and IBM was once again exposed for the loser company it is. The point is, IBM has no business spiking from $118, the fundamentals did not justify the move but it fit the profile of a stock that could be driven up short-term by the powers that be, and it was.
Money Center Banks, other large traders, are privy to all sorts of inside information and they profit handsomely from that info. They had IBM's earnings on their desk months ago. They keep in close contact with insiders daily. They also knew these earnings, although at first blush would look quite good, were bogus, engineered by IBM's accounting dept, so they were keenly aware the window to sell would be tight, hence the after hours debacle.
With the S&P 500 approaching new highs again, this type of manipulation, based on no fundamentals, is being repeated again and again. The Big Boys know they have the cover of the Central Bankers and understand the power of momentum particularly in a heavily shorted market. Unless earnings & revenues are absolutely pathetic (as the case with IBM) they can continue this charade based on the mantra stocks deserve a higher PE. A falling greenback is another key component. Eventually this game ends very badly.
Netflix could easily fall below $50 in the coming months.
Sub $100 By early next year.
The final curtain falls and Rail rides off into the sunset, broke, discredited, labeled a buffoon of the highest order. His only minor accolade at least he is not the lying cockroach Finster was determined to be. Finster is one sick individual.
Farewell BTU message board, it has been quite the experience, I only wish my warnings concerning BTU demise were heeded years ago but some people simply cannot be helped destined to be crushed by their own hubris and ignorance.
I tried to help but sadly some individuals must endure an incredible amount of pain and losses before they see the light.
The business model of scooping up other drug companies and then hiking prices 10 to 20% yearly across the board are over! America has had enough of this fleecing!
I normally do not attempt to intervene on a Yahoo message board, fully aware they are infested with cretins, simpletons and low lives of the highest order but frankly I could no longer stand by and see so many delusional Sprint longs continue their misleading, unabashed pumping, promoting a loser stock saddled with $50 billion of toxic debt, destined to fall to ZERO.
It is imperative if you presently own Sprint stock to sell immediately and fall to your knees and scream to the heavens your gratitude that you finally saw the light. The day of reckoning will soon be upon us, there is still time to salvage some minor form of dignity and worth.
I think it would be wise to view the bigger picture before wishing for a dividend increase, it would be better to focus on the direction of the stock price which dwarfs any type of dividend paid and the macros which are driving bank stocks lower globally.
One of the original intents of QEs and negative rates was to rebuild the balance sheets of our largest criminal banks who were devastated when years of fraud and toxic engineering exploded in 2008. Central Bankers succeeded somewhat initially but now have backed themselves into a corner and must continue the charade or otherwise face the grim reality of deflating bubbles they have engineered worldwide at a time the world economy simply cannot afford it.
So what was once a good thing for banks has now turned into a death grip. Central Bank insanity will continue to flatten the yield curve, reduce profitability for banks across the board. Eventually this Ponzi Scheme collapses and the global economy falls into deep recession. Banks will get pummeled when the reality sets in Central Bank manipulation no longer works.
Many educated individuals from a broad spectrum of society are critical of "Wall Street" and "Big Business" for very good reason. This growing discontent with the status quo, crony capitalism, the corrupt plutocracy reaches well beyond college students.
Americans are not pleased corporate executives own their boards and compensation committees, awarding themselves outrageous salaries, stock options, golden parachutes, well beyond their worth.
Americans are outraged the influence corporations presently have on our politicians via their lobbies, allowing for the poisoning of our environment, outrageous drug pricing, the endless loopholes to avoid taxes, et cetera.
Americans are infuriated with Central Bankers around the globe that have murdered the free market, create serial bubbles via QEs, negative rates all in the name of propping up Wall Street, rebuilding the balance sheets of our largest fraudulent banks who consistently break the law in the name of profit.
Americans are incensed that over 90% of the income gains this past decade has gone to the top 1%, that the top 1% control over 50% of the wealth. And this was not achieved by hard work, nor superior education but crony capitalism, owning our govt and controlling policy, the insane mandate of Central Banks, taxpayer bailouts, controlling compensation committees...The list is endless. Bottom line the game is rigged and those who possess a moral compass, who are educated to the facts have had enough!
Your argument is so dimwitted and myopic, that somehow all the above is okay because Wall Street finances infrastructure projects or students loans (which they profit from handsomely) this makes all the corruption okay and we should all should be beholden. Absolutely clueless!
Just think how much Moynihan will rake in when BAC stock tumbles below 10. Easy living when you own your board and compensation committee.
The jerk is shameless! And he has the nerve to call himself a bank analyst.
The American people will no longer allow Big Pharma to gouge U.S. consumers in the future, PFE's earnings are in jeopardy. The entire Pharma space continues to be in big, big trouble as their business model of hiking drug prices 10 to 20% a year no longer acceptable.
Don't be a fool and ride this PIG down, take your losses and move on.