What fedex basically is, is a pension plan that delivers packages. They currently owe the plan $4 billion or roughly $15/share. The plan is SUPPOSE to have 27 billion in it and has 23 after the biggest equity bubble in history.
They adopted mark to market accounting for the plan, which basically means their quarterly earnings are going to be all over the place, as witnessed by the fact that last quarter they called a $4 loss a $2.65 gain
Their problems are this. first, their capex budget is far higher than they are writing off. Second, there's no way the bond market is going to continue to support their #$%$ away money for their moronic buybacks. inally, with mark to market, a 25% drop in the stock market and a rise in the bond market makes them insolvent.
My ads are working fine. My amazon ads and my google ad words ads always worked. My facebook ads don't work at all. I use pinterest, adwords, twitter, facebook, instagram, tumblr, linkedIn and Amazon, including Amazon seller central. I also use a web site and informational blog. I don't expect a ROI on instagram or pinterest because they're feeds. I get zero from Tumblr, Facebook and twitter, though honestly I only use twitters free service. My click through rates and impression rates are there to see. I get zero from facebook.
My businesses are very successful. I use Ogilvy and Mather as my primary ad adviser. They're hierarchy of ad spending doesn't even consider FB an advertising medium.They call it a customer outreach site. The same with Twitter. For the life of me I can't figure out the value of likes. Like twitter, FB is so ensconced in fake id's, porn, weirdo's, Indian click sites and 78 year olds that it's one big spam train. Our new business penetration rate for FB is zero. I'd love to talk to them about it, but as everybody knows, they won't pay anyone to answer the phone! hahaha.. Anyway, I love these sites because they're full of "investors" none of which ever use their paid ad service. hahahaha
My experience with facebook is that it's perfectly useless as an advertising tool. I've used it several times and only sell to my friends, who I'd sell to without it. They can't compare to Google adwords. I've never met anyone that's successfully used Facebook to sell anything. The reason it's doing well, is corporations are throwing borrowed money at ad sales because it's free and retail sales are collapsing. Once this ad spending boom is over, so is facebook.
I agree. They're accounting standard is a complete fraud. They LOST money. How can they say their pension charge was a one timer. They knew all along that they'd have to write the assets down and they'll have to do so again and again I've been saying this for a year. Their CEO should be thrown in Jail
No question the stock is maniipulated. Probably by big pharma
I've made a living on MNKD the last ten years. This isn't going to be a classic squeeze. It's going to be caused by a drop in the IBB. MNKD could easily go to $20 in one day
Nobody sees this. In a hedged portfolio, a margin call would JUST be for a stock falling. It can be for a rising short. Anybody that's long twitter, NFLX, Facebook, or the IBB could lose equity faster than a calif hs girl loses her virginity. This is why MNKD is up today.
Imagine a margin account that is long short. Now imagine the stock market falls. Are you covered? Only if your short position moves with the market.
In fact, a collapsing market could send MNKD through the roof. Lets say a person is long NFL X and short MNKD. 10,000 shares of mnkd is equal to less than 100 shares of NFLX. In a $120,000 long short portfolio, 60/60 a short squeeze on MND in a down market for bubble stocks would be nuclear.
It's not inconcievable that this could shut the markets down after sending MNKD to $100. IMO (and the opinion of most short sellers) only an idiot would hold a $5 stock short. The risk is literally off the charts.
As more and more shorts get flushed out of MNKD. Anyone who didn't get out at 4 is a fool. Even if the stock falls from here, it was just a guess.
Even a smidgen of good news will sent it to$11.
On a stock that could be the biggest breakthrough in treatments since germs were discovered.
The people who thing lung function is an issue are just plain brainless. Humans evolved in caves totally ensconced in smoke. We have incredible capacity to inhale #$%$ and live. This is why chai smoking is so harmless. A friend of mines father just died and he smoked until he was 94!! hahaha.. The only reason MND is down is major pharma doesn't want it to have access to the markets and money. This is a potential $100 stock.
But there are also 126 million short shares. Even a hint of good news will blow this thing through the roof.
A ton of money? It's moved a buck and a half? you think $1.50 is a lot of money to GS, you don't understand GS. That's not even Blankfiens quarterly bonus.
You don't understand Goldman. They move the market. They can't time like you can. They buy and sell millions of shares. A relative of money used to buy/sell at the level for a bank. She bould it $20 million increments.
The whole idea that S would even look at a stock that's $5 is absurd. The company manages trillions.