Specially Monty Fools and Seeking sheeet.
Can't imagine? Are you dumb? By far most of Facebooks millions of clients reside in third world including Indea, Pakistan, China, etc. Do you really think they have the will or even money to pay for using facebook? Or do you think the advertisers are dumb enough to pay to place ads for millions in the third world? Why do you think GM pulled out?
Just wait until people have had the weekend to digest the laughable Cliff agreement and all the bad news coming for our economy including need for cut backs and fight over debt ceiling and how the Cliff agreement did nothing to resolve the main issues but added $4 Trillion to our national debt over next 4 years !!!!!
FB has also been up over 10% in a week with nearly 4% just today alone and on NO NEW news.
DO you think may be, just may be, it is time for an correction of such illogical exuberance while even the cliff agreement all it did was add another $4 Trillion to our national debt over the next 4 years and did not even resolve the main issues including all important and necessary cut back in social services, medicare, and defense?
Wake up folks.
GS is really enjoying themselves taking eveyone, including their own clients, to the cleaners. Wake up folks.
With the exception of aapl which was red from the opening others have turned red.
Just an FB habit.
Sentiment: Strong Sell
Per Bloomberg TV.
I read both reports. That explains why we are down pre-market. The shorts are panicking and selling into pre-market to through longs a loop and limit the upside that they know is coming. Such techniques almost always fails specially with large cap that have large volumes as they can't control the flood gates. I expect aapl to be up double digits today somewhere around $20-25.
saw that. short squeeze coming..look for big jump in aapl price...happy holidays.
542 will be critical resistance. We'll see what happens.
AAPL to bounce back up today.
If tomorrow it can get above 542 it will never look back and up from here we go.
I think GOOG and AMZN and PCLN may good ones but wanted to see if anyone has better picks and why?