if it stayes anywhere above yesterdays price - easy short ? no one buys companies tha are in a dive mode with no profit insight. they buy them wiyhout a prior announcement/s. This will drift slowly below 5 then 2, only there someone may get interested in buying it. my target 2-0 lomg term - decade with no profit, give me a break
The money-losing music service has put itself on the block.
Would you like to buy a streaming music service? It has annual revenues of about $1 billion or so, and about 250 million registered users. Unfortunately, this company also happens to be losing about $10 million monthly, and there’s no sign of when the red ink is likely to stop.
all they have to do is wait a few quarters, the price will get to $2 or less possibly even lower.
so this will deflate to 40-50 level where it should be for now. and no one can stop it.
this stock should have never traded over 20, in this market it's no more then 5 if they show profit soon, not in a decade, otherwise it should be no more then cash book value +
Tell me what is his next big trade, I need his advise badly.
4-5+ years of bear market here to stay
growth in valuatuins of tech bubbles is over - now drop to 45 area = 100%. FB is on of the better companies out there, every other tech company is at least 4X overpriced in todays market
this bubble will emplode - anyone buying RE at these inflated levels won't make a dime long term. Rents are sky high and TECH bubble just started imploding - still a long way from the bottom. Basically prices in RE ain some areas are based on tech bubble unreal valuations - All top bubble areas will crash 50% or more.
prices have to come down everywhere by 50% - and I mean real estate bubble
Company makes 0 and would not make any $ for years to come, living of the dumb investors
HAHAHAHA. ONLY Fools buy in now
Bubble is 2X the one in 2008 at least, DEBT ridden price gains with no sustainable real growth = FRAUD perceptiom of growth. BS of the FED tells the story
who will pay for all this DEBT - your kids and grandchildren - valuations are out of reality again, now debt is everywhere and they are printing more more everyday. real PAY has been up to 2000 levels