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Skullcandy, Inc. (SKUL) Message Board

rjmcbear 238 posts  |  Last Activity: Jul 11, 2014 12:24 PM Member since: Nov 8, 2001
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  • rjmcbear rjmcbear May 5, 2014 10:23 AM Flag

    So the Bureau of Labor tells us 288,000 jobs were gained and you say 800,000 were lost in the same time frame? Maybe the 800k lost were in Russia, right?

  • rjmcbear rjmcbear May 5, 2014 10:01 AM Flag

    As a self proclaimed financial historian I would think you would be a little more careful about throwing the crash hyperbole around. I and most others expect a correction in the future which as most know is very common and actually healthy for the markets. To hear people constantly screaming crash reminds me of the boy crying wolf. Our banks are fine the economy is growing a little at a time and unemployment is decreasing as well. Did you know that 4.4 million jobs were lost during Bush’s final year alone, 760,000 jobs the last month by itself. The US has been ADDING an average of above 200k jobs every month. Now compare gaining 200k to losing 700k jobs and having a very stable lending system in place to a crumbling financial system back in 2009 and you might begin to see how ridiculous your claims of depression and market crashes really are.

  • rjmcbear rjmcbear May 4, 2014 10:40 AM Flag

    Maybe if some of this cash would trickle down instead of continually lining the pockets of these all ready filthy rich CEO's more jobs might be created or at the very least elevate the incomes of some lower wage positions. The CEOs of America's 500 biggest companies got a collective pay raise of 16% last year earning total compensation of $5.2 billion. That's an average $10.5 million apiece. The discrepancy in pay between CEOs and the average worker has skyrocketed over the years, peaking in 2000, when the gap was 525 times. In 1980, the CEO pay was 42 times that of the average worker. Last year Chief executives of the nation's largest companies earned an average of $12.3 million in total pay which equates to 354 times more than a typical American worker who made $34,645. This income gap is obscene and maybe if the average workers pay were to increase they might be able to afford to buy the products that they manufacture which happen to be the reason the CEO's are able to live like King's to begin with. I know some companies take care of their employees voluntarily but they are in the minority.
    Republicans have been out to destroy Unions for quite some time and the Middle Class the Unions represent are suffering because of the loss of these better paying jobs. It's a matter of record that the Middle Class was created by Unionization. The recent decline of the Middle Class mirrors the fall of the Unions as well. It's also important to note the only thing that has somewhat saved some families from falling out the Middle Class is both parents working. The fact 2014 is an election year guarantees nothing will be accomplished this year in Congress. It's a miracle the economy is doing as well as it has despite the efforts or lack there of from our elected officials. This is not a Depression but if Congress doesn't get there act together soon it could very well become a reality in the near future. Change the tax laws now so money is invested in this Country once again!

  • Reply to

    Jon Stewart Economics!

    by norrishappy May 2, 2014 11:40 AM
    rjmcbear rjmcbear May 2, 2014 6:28 PM Flag

    What large Middle Class increases are you referring to? It's a matter of record that the Middle Class was created by Unionization. The recent decline of the Middle Class mirrors the fall of the Unions as well. It's also important to note the only thing that has somewhat saved some families from falling out the Middle Class is both parents working . Please lets not give Obama all the credit when in fact he has had the luxury of working with one of the most dysfunctional Congress and Senates in US history. The fact 2014 is an election year guarantees nothing will be accomplished this year as well. It's a miracle the economy is doing as well as it has despite the efforts or lack there of from our elected officials.

  • Reply to

    Jon Stewart Economics!

    by norrishappy May 2, 2014 11:40 AM
    rjmcbear rjmcbear May 2, 2014 5:03 PM Flag

    Maybe if some of this cash would trickle down instead of continually lining the pockets of these all ready filthy rich CEO's more jobs might be created or at the very least elevate the incomes of some lower wage positions. The CEOs of America's 500 biggest companies got a collective pay raise of 16% last year earning total compensation of $5.2 billion. That's an average $10.5 million apiece. The discrepancy in pay between CEOs and the average worker has skyrocketed over the years, peaking in 2000, when the gap was 525 times. In 1980, the CEO pay was 42 times that of the average worker. Last year Chief executives of the nation's largest companies earned an average of $12.3 million in total pay which equates to 354 times more than a typical American worker who made $34,645. This income gap is obscene and maybe if the average workers pay were to increase they might be able to afford to buy the products that they manufacture which happen to be the reason the CEO's are able to live like King's to begin with. I know some companies take care of their employees voluntarily but they are in the minority.

  • Reply to

    Truth

    by rover_english309 May 2, 2014 9:18 AM
    rjmcbear rjmcbear May 2, 2014 12:04 PM Flag

    Just curious as to why some of you are hoping for a market crash. Unless you are shorting the market a crash would not benefit anyone. What is you're definition of a market crash anyway. Here is a little historical information. A market crash is generally considered as 20% or more while a correction is usually a move down of up to 10%. Stock market corrections are fairly common during Bull Markets and are generally short lived while the more rare crash can lead to a recession. Which begs the question why would you or anyone else keep throwing out market crash hyperbole? There is no place else to invest right now but the market. The Economy is improving slowly but surely and stocks are trading at reasonable multiples, some slightly high but not like the 90's. I expect a 5% correction but a crash is not in the cards as far as I'm concerned. Anyone wishing for a crash needs to do a little market research. There's a wise old saying as to being careful what you wish for.

  • Reply to

    going back to $56

    by egeborlu May 2, 2014 10:45 AM
    rjmcbear rjmcbear May 2, 2014 10:58 AM Flag

    Market corrections are healthy and short lived. Don't forget this market is the ONLY game in town right now. Bonds and Real Estate are both dead and this market is the only choice left for investing. Once interest rates are let go next year or the year after I will be more concerned but right now this is it.

  • Reply to

    going back to $56

    by egeborlu May 2, 2014 10:45 AM
    rjmcbear rjmcbear May 2, 2014 10:47 AM Flag

    Are you old enough to drive?

  • Reply to

    WHO WANNA BUY IT?…..."I GOT FB FOR SALE!!!"

    by mr_in_out May 2, 2014 9:49 AM
    rjmcbear rjmcbear May 2, 2014 10:45 AM Flag

    Isn't a little profit taking and consolidation actually a good thing especially after a stock moves from a low of $54.66 to a high of $62.28 in less then a week's time. I've read it establishes a firm bottom for the next move up. The best of the best take a breather every once in awhile which is a good thing.

  • Reply to

    moc did the market crash yet

    by foo8675 May 2, 2014 8:44 AM
    rjmcbear rjmcbear May 2, 2014 10:04 AM Flag

    I couldn't agree more Sam. I wish the Government didn't have to force some of these Companies to pay a fair wage by raising the minimum wage but they do. There are plenty of corporations that all ready pay well above the minimum but not all. I don't understand why a company would not voluntarily pay the people who are responsible for making their business successful, heck maybe they could afford to buy some the the products they make. I'm still waiting for those profits to trickle down after those Reagan corporate tax breaks of the 70's. I guess trickle up would be a better title because the gap between the top and middle since the 70's has gotten too wide to see across.

  • Reply to

    more jobs...more money...

    by bermcall May 2, 2014 9:15 AM
    rjmcbear rjmcbear May 2, 2014 9:52 AM Flag

    Why wouldn't I?

  • Reply to

    more jobs...more money...

    by bermcall May 2, 2014 9:15 AM
    rjmcbear rjmcbear May 2, 2014 9:26 AM Flag

    That sounds like another right wing opinion based on assumption with no facts to back it up other than Fox news told me so.

  • rjmcbear rjmcbear May 1, 2014 5:56 PM Flag

    Damn that's some heavy stuff. I hope he doesn't infect any of those farm animals he lives with.

  • Reply to

    Back to watching the grass grow!

    by rjmcbear May 1, 2014 12:01 PM
    rjmcbear rjmcbear May 1, 2014 3:08 PM Flag

    I thought paint dry as well but since it's Spring and the rain has FINALLY stopped I went with the grass grow.

  • Waiting with a 10% dividend for my troubles!

  • Reply to

    it's about to crash this dumb #$%$

    by naim917 May 1, 2014 10:45 AM
    rjmcbear rjmcbear May 1, 2014 10:49 AM Flag

    Something called a profit, which seems to be important nowadays.

  • https://engage.vevent.com/index.jsp?eid=3324&seid=224

    http://ir.linnenergy.com/events.cfm

  • Reply to

    PRICE IS THE ULTIMATE TRUTH.

    by sailhappily May 1, 2014 9:55 AM
    rjmcbear rjmcbear May 1, 2014 10:03 AM Flag

    Yes and that could change in a moments time. Let's wait for the CC along with forward guidance and the Q&A session. If LINE's trading higher after that I will feel more confident.

  • rjmcbear rjmcbear May 1, 2014 9:59 AM Flag

    You are right so I take that as a yes? Is this based on TA for FB alone or are you expecting a total market sell off?

  • Linn Energy, LLC (LINE)

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SKUL
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