Atty, you have the right approach. LEt goldman sachs play their game for awhile and when their done you will be sitting on a good profit. Everyone is counting on Sept. being a poor performing month, BUt too many are thinking that way and what if Sept. starts off well look out below uvxy will drop like a rock as we get closer to sept. expiration.
Your heavy in the tech. arena. I keep it simply. UVXY is approx. 12-14% overvalued that will need to correct overtime. Keeping that in mind watch your bets in either direction. I play either side of the trade but will slant my decisions accordingly. This is only a short-term trading perspective. Long term you have to short when given the opportunity.
YOu would think so but the market manipulators have been working over time. Usually I play the imbalance with each day's movement with a couple of variables but today takes the cake. Call the sec time.
We're seeing many unusual events the last few days. But this unusual imbalance will correct itself. JUst don't know when.
Thought we get a break with the deboggle of monday and tuesday. but here we are today having a large reduction in the vix, a large increase in the market yet uvxy is moving in the opposite direction. THose future contracts must have a healthy premium.
HIstory shows uvxy & vix goes down faster than going up on big moves so will history repeat itself . After yesterday's deboggle anything goes. If it does I don't think my heart is up to it. Good luck to all.
Looks like I was wrong on the pin action. Thought we would get more gains today . Maybe the afternoon will be kinder. Good luck to all
Anything is possible. After yesterday's deboggle anything goes. I thought I saw everything but yesteday made the history books. I've been thru the 1984 , 1987, etc. etc. turmoil and this monday's is unique. I believe they will probably find out months from now that some computer manipulation played it the 1100 down on the dow at opening. By the way if I had to guess I believe your red prediction probably won't happen today. I say we will be up around 3-4% range. Just a guess.Good luck to all.
A judge ruled against Wyndham and said they can be sued for lack of internet security. This might have some pin action with Feye in light of them being the only internet security company with that gov't rating giving companies a get out of jail pass if they use their security system.
yeh, but warren has no need for money with his billions in the bank. Have you also heard the saying catching a fallen knife. Nothing wrong in picking up small qty's just do in moderation.
I believe you are joking on your point of a buyout. No one will buy seagate or put it a different way don't invest in STX only for a buy out.. Now your point on optimization when buying other companies yes there is savings to be had. But depending on mgt. will they optimize to our expectations. Seagate is making money but they can make more. Wall Street must like this new purchase in light of STX holding up much better than the general market. So having this lower stock price can be an opportunity. The only caveat is how much head wind will the general market have.
Not certain how long you have been investing but increasing at 37 maybe a good move but how do you know that is the bottom. BAsed on recent activity on the market in general I understand your move but what if the market doesn't recover for awhile. Let's use the currency war of 1998 specific in Aug. the decline continued thru Aug. It did recover over a couple of months. But the bottom took awhile. So will you double down again and if so at what level. I've been through many bear markets and an investor needs to adjust their approach accordingly. Good luck to all FEYE investors and let's get this stock back up where it should be.
Sorry, will not do that. I was very close to the action for a long period of time and been retired for sometime. I don't want to influence either way and besides any current decisions shouldn't use the past for investing. I'm sure this fits their strategic plan on expanding revenue. Time will tell how successful the execution will be. The only reason why I'm on the sideline presently is a generic reason when a company buys another company is usually negative until all the details are understood. With that said I was surprised how well sTX held today on light volume. Good luck to STX longs.
Crazy, on flyonthewall they showed piper jaffray just downgraded HILL with a price target of 9.75. Talk about bad timing on piper's call. Got a chuckle on this and wanted to share. I put no meaning to this other than you might also get a chuckle.
Understand. I'm sure they had many reasons and it looks good on paper. They paid twice the current stock price for it. I also know STX has made many purchases some good some bad. Until we see how the merger takes and who stays and who leaves will raise questions. Keep in mind with the money they paid takes away from their usually stock buy backs. Not to say buy backs are good but they need to prove on the bottom line. Investors will not blindly say trust them on this deal. More like I'm from Missouri show me. With that said we just need to give this a little time for the dust to settle and you may have the opportunity in catching some cheaper price shares.
Good input. The reason for my comment when the news hit was usually wall street will punish buy outs until the detail are understood. It would appear at face value they paid a high premium for this company. I would speculate until they have one to two quarters with the combine company results with a forecast this buyout might be a head wind. Not to judge if this is a good deal or not. Good luck to STX longs, I'll be on the sidelines for awhile.