Few see much reason to either to buy or sell at this level. Will definitely take some patience for longs who are still here. I wonder what % of the public even knows they exist. I never hear ads.
hagman--Can you elaborate some? Why does it matter? The numbers are what they are, right?
Hopefully guidance will be positive. At the moment, I"m very glad I have sold the $30 calls several months in a row now.
This is where we get penalized because some analyst is a bad guesser?
They first have to close the stock near $60 Friday to finish stealing all the option money from those who believe the market moves fairly based on supply/demand. The powers that be can take it almost wherever they wish to go. My guess is that the move higher begins next week.
Relax spitter. Haven't been on the computer or watched the news this evening and saw the headline I reported. Posted it only because I saw someone asking about futures going crazy, and assumed they were lower as headline suggested. Now I realize they meant futures were soaring after being down earlier. I'm long AAPL and own practically every product they make. Try a dialogue next time before you go off the deep end.
If I didn't know Trump was a real person, I would think he was a paid actor asked to be as much of an arrogant jerk as possible. Like the world really cares what Donny wants. He is like a spoiled 8 year old child.
Interesting timing. Someone worried about the put options they sold? Looked like DECK was headed under $60 and they rescued it with an upgrade. Was it deserved? Hard to say at this point.
Sell the Oct $50.50 calls for .80. If called away you make a small profit, otherwise you improve your entry point. I think it is headed lower. People buying here are late to the party.
Not an impressive gain for this upgrade. Good time to sell covered calls IMO. Doubt it will hit $51. If it gets a little higher, I'll take the short side with some puts. Did well with puts bought late last week and sold yesterday, and think it is a trade that can be repeated. FB near a top IMO.
Hope you're right, but I am not nearly so optimistic. Each party thinks their job is to oppose the other, and make them look bad in the process. Hard to see any significant negotiations taking place. A last minute short term deal maybe, but we will face the same mess again in short order. No one wants to address the white elephant in the room--spending and frightening debt. Our politicians only deal with crises, and seldom the underlying issues that lead to these crises. Market takes a hit tomorrow IMO.
When the stock moves higher no one thanks the MMs or cries manipulation. This move is simply a tired stock giving back some of the recent gains, which have been significant. It was no accident that it just pulled back to the mid 40's. Wise investors are simply taking some off the table. No stock goes straight to the moon. I am comfortably holding my puts into the weekend. The market has just had a huge two day gain. Some pullback seems likely next week.
He heard one broker was planning to market home next door as being Zuck's neighbor. Guess he didn't want a circus moving in. Thirty mil chicken feed for him.
Might be worth a listen.
They left My Space because Facebook was/is a much better product. And the popularity is huge with the adult population as well. Apples to oranges comparison.
I'm not sure why you expect another big gain tommorrow. Do you think a huge rally in the overall market might have helped FB today? Do you expect another big day in the market tomorrow? I don't , unless the politicians decide to make up and stop all the posturing. Did you notice around a .60 pullback in the afternoon even though the overall market strengthened? I think FB is likely to close lower tomorrow. I don't see much downside given the strong momentum recently, but going into the weekend I expect caution.
Any more predictions? And today was a great day in the markets. Tomorrow stocks will likely pull back some and DECK could touch $60.