I'm holding feb 19 $15 puts. I just think that executives would have stayed if things were good. More times than not, it means "it's not good".
I am long, but people are easily swayed by the media. The cord cutting numbers is what it's all about. Personally, I feel a decrease in subscribers is nothing. It will take years to take it down much further. In the meantime, other revenue streams will more than compensate. There are millions of people who have nice salaries and are avid sports fans. So they will provide a cable revenue stream for years, after the poorer and younger folks are gone. Parks, movies and licensing will grow massively.
And it's not like Disney won't grow other ways of delivering content.
Watching from the sidelines. This makes me think twice about whether or not I want to go long calls in FIT, prior to their Feb 22nd earnings release.
Exactly. Over the course of the next year, AAPL is slow money...especially with a typical MBA type at the helm. Apple needs a person with a "tech" background with vision. As long as Cook is the CEO, stay away from AAPL.
Yeah, me too.
I took a small position on calls a few minutes ago, just to be in the game.
I agree. It would seem Facebook is in a sweet spot. No matter how the economy is doing, Facebook will still grow. It's human nature for people to want to socialize.
I also think Facebook will pose a real threat to Netflix and Twitter's businesses.
I have said it for years. He is nothing more than a corporate type best suited to run a utility company rather than a tech company. He inherited the position just like Ballmer at Microsoft. Both had tons of resources, BUT ZERO vision to know what to do with it. BOTH have a business background...not technology, when they inherited the mantle.
Fact is, Elon Musk should be running Apple. Cook doesn't have the ability to see anything.
If the overall market rebounds tomorrow, I think $110 is more reasonable...perhaps matching its 52 week high.
I am absolutely confident that Sarepta will go the way of Dendreon...ABSOLUTELY.
With Dendreon, as with Sarepta, the products were/are flawed as well as the their studies. I laid out my case with Dendreon, several years before it faded from existence. Also, a couple of years ago, I talked with a scientist who gave me a REAL perspective on treatments (especially for MD) and immediately became bearish on Sarepta's strategy.
SRPT will bounce every now and then, just like DNDN. But over the longer term, it will dwindle to penny stock status. I'm 100% sure of it. It make take a couple of years..but it will happen.
The prudent play is to trade on the bear side. Sell calls, buy puts, and/or short.
Sentiment: Strong Sell
I agree that it'll drift higher after the call starts.
If the overall markets can finally get a good bounce tomorrow, NFLX will really pop.
I knew this was going to happen. Years ago, I knew Dendreon was absolutely going to fail. And a while ago, I predicted that Sarepta was going to fail. The science was BAD.
After talking with a scientist who actually knows REAL science, including creating REAL treatments, I got a bad feeling about Sarepta. And knew they were going to go downhill. It was just a matter of time.
In a year or two SRPT will be under $5.
Sentiment: Strong Sell
"...maybe that will give SWTFA a second wind with girls and their mothers..."
Females are the key. Avatar and Titanic appealed to the female crowd. And they watched the movie over and over and over.
Right now, I don't think SW will top Avatar, but it should top Titanic. However, if it gets a second wind with females...it has a chance a chance to overtake Avatar. I hope so..
I have no freakin' idea what WTW will do next week. But a $5 drop was too good to pass up.
I'm in for (hopefully) a quick trade. What I really want is for the market to recover for a couple of days. I think WTW will pop big.
Picked up some more DIS and FB too.
I'm inclined to agree that the recent drop in DIS will reverse as we get closer to the movie launch.
Next week, I'm hoping to have the funds to buy more DIS before the movie launch.
My only concern is that I've just read the Forbes article that stated Star Wars will be launched on less than 4000 screens. #$%$???????? That's going to suppress the opening weekend numbers.
Smart move not to do a spinoff. I think Yahoo is more appealing to suitors if it holds the BABA shares.
Today, I finally went long again with YHOO. It seems that something is going to happen shortly. I suspect YHOO will pop on any meaningful revelation. I hope so.
Today was brutal, but I still believe that EA goes higher once Black Friday and Cyber Monday arrives, then works it's way over $80 right before the movie launch.