L.A. Times had a front page story Tuesday that luxury stores in Shanghai are going out of business because of lack of customers. Might also mean decline in high rollers in casinos. In addition, the recent shutdown of the government closed the southwestern national parks (Grand canyon, Bryce, Zion etc.) that a lot of foreign tourists like to visit when visiting Las Vegas. May have led to foreign trip cancellations.
I don't know, not a lawyer. But apparent Icahn sold, in front of his announcement that he sold. Icahn new his announcement would cause a big drop in the price. If he bought puts in addition to selling shares, I think it might be questionable.
When the "powers that be" decide they can make more money crashing it than rallying it, they will crash it.
Over on the Amazon board, Sybil is talking about "Singing Lion".
Have we heard the last of "Singing Lion"? Sybil thinks so.
Tech, agree with a lot of what you say, EXCEPT GeeGee a "paid pumper"???? Do you actually think anyone would pay GeeGee to post his blather? It will be a shame if Sybil misses the decline while waiting for Godot-like blowoff.
And Oct. starts Tuesday. Even skiidady knows what often happens in October.
A scenario where the foreign holders of U.S. debt start panic selling can easily be imagined, crashing the dollar, stocks & bonds.
Therefore it might be a big deal. Dow 13,000?
Singlion, why do you make threats? If you can't discuss things civilly, you should be banned from Yahoo. I'm bearish on NFLX, but I find your posts offensive.