I agree, the stock will keep going higher! I love making big $$$ every single day the only way it could be better would be if Barra got a nasty cancer that rotted her guts out!
Exactly and the best news of all is that the company saved billions by murdering untold dozens of people and got illegal preferential treatment from the Obama administration, that's why it will continue to go up each and every day! I feel a little guilty about making money off such outrageous criminal behavior but I will learn to live with it!
Normally I don't give a lot of weight to expert opinions but these three guys have great track records and it's unusual for them to all align. If that happens, I think we can buy SVXY for single digits. Then hold for years. So as tempting as it is to jump in on days like today, I think I am going to be on the sidelines until 1150.
Finally realized the only way to play this is to short so I bought the $8 puts. Just a move to 7.25 next week and I'll be gone forever, except for participating in lawsuits.
I dumped this POS and bought next week puts $8 strike if it gets down to $7.25 or so I will have my losses back. Either way I'm in for the lawsuits.
Either way I plan to get involved in the litigation against these guys.
Man, 14.6 seems like a dream to me now. It goes down every day by huge amounts even when the market rallies hard!
Unreal, down almost 5% since the open. What does it take for a rise? Forget about $30 give me $15 and I take the loss and move on. Constant drops.
Agree with this- the thing I keep coming back to is Einhorn says this is worth $30+, which is obviously over triple the price. This has been one of the most disappointing experiences of my financial life, with a constant drop no matter what the market does. The saving grace is Einhorn is much smarter than I am, can only hold out hope he doesn't have this one wrong. Forget about 30 I would be ecstatic for $15 now even though I bought much higher than that.
I'm more of a long term gal, looking for a real solid bottom. I think with Jeremy Grantham and John Hussman calling for 1150, that's a number I'd be comfortable owning stocks.
I can see it hitting 4-5 area or so. Then, we ride it back to 50 over the following decade. It's good to have a dream! What do you guys think, where would 1150 put us?
Well I am assuming Janet Yellen isn't a complete liar.
What do you all think fair value is?
So the stock should be around $200 at that time.