with stronger than expected ISM GDP and now ER FED has no reason not to begin the TAPER - obviously the CNBC folks get why the mkt initial reaction so why were they playing so stupid? Mkt reacted same way yesterday to stronger GDP # - China on possible tightening and Eurozone weaker. What a mess.
Was I seeing this right - @ Walmart price of Silk popped 22% - maybe just isolated since price of gasoline and crude is coming down. I sure passed on the Silk - just playing back some of the cnbc vids and first up was M. Faber more gloom ahead for markets - talking QE impact on asset inflation. Turns out Cramer also hit this topic deflation/hyperinflation dichotomy talk which is CBers nightmare globally. No bell goes off at the top. Tesla another fire are you kidding me.
waikikigigi run the numbers look at the 2nd derivative growth - definitely slowing actually I am trying to balance out the misinformation of 100/shr 200/shr, well you know it is actually goog in disguise dufustalk - bagholding potential is great if you ignore the facts.
from twtr: Super Typhoon Haiyan Just Broke All Scientific Intensity Scales, 500 Miles Wide, 236 MPH Winds | just sayin as far as real time can't beat twtr. many more links and stories.
there you go again... actually this is what Niles said interviewed by Maria B.: what is your take on twitter right now? would you buy the stock here? no. we, in fact, went ahead and shorted the stock at about $45.60, above the initial opening price. twitter, it's interesting. because this offering is actually completely set up differently than facebook was. so there are a lot of nuances here that has made us not like the company at this valuation level. once again, it seems like you got it at the high. and shorted it at the high. what is it? what are the metrics that you're looking at that make you cautious here, dan? sure. that's a great question. so if you -- just comparing this to facebook and linkedin, probably the two best comparables, if you look at where twitter is trading today, at the closing price, the stock is valued at about 29.4 times sales. if you look at both facebook and linkedin on that graphic you can see on a market cap to sales basis both companies are at about 11.5 -- you know, 11.5 times on average. you're valuing this company at more than 2 1/2 times the level you're valuing facebook and linkedin. the second piece of that, you're valuing them at this level despite the fact that twitter is barely profitable. both linkedin and facebook have margins and 25% to 50%. in addition to that, twitter is -- their users, those are decelerating. the most recent quarter they were 39% year year. when you look at this across a bunch of different metrics, investing is risk/reward. there's no question twitter is an absolutely great, fabulous company and it's going to be around for a long time. the question is, at 29 times sales, when you can buy facebook and linkedin at about closer to 11, is it going to be a great stock? and i have some real issues with that.
gdp +2.8% came in hotter than expected - inventories not consumer spending exports looked good and housing - taper talk
MMs trying to hold bernake'sidiotput - maybe on the hopes of a weak ER tomorrow - wrong will be stronger than expected - more taper talks and mkt down again - stop the insanity equity dumps galore
close this sucker in the 30's - it will be hard to do.