like the story here,have been in and out since 12 bucks a few years ago,heres the thing,this last run was incredibly long,stock is due for profit taking and i think we dig in at 29,maybe a drop less,unless theres a broaser mkt selloff
its several weeks later and nothing has changed,theres something very wrong here,either the co is corrupt and does not want the stock any higher than 48 the tender number or based on volume the stock is now a memory for wall st and nobody but old time holders are paying attention,either way none of it is good for the forseeable
earnings have been good the last 3 qrtrs its the company comments,that have held thisback,there is clearly an indifference to us retail shareholders,the day we get good comments this will skyrocket,but for now a steady up is about what we get,though i have to admit 2016 looks really exciting for fb
they still have issues and if greece is really let off the hook than we start getting into moral hazard issue of renegotiation,total forgiveness,though doubtful,and look puerto rico they are in bad shape as are a bunch of states,i am awatr yjat the two other countries are getting better but thay are not out ofthe woods
on the otherhand with the world wide acceptance of marx ,krugmans thoery of not paying debt may take hold.
the potential for bad is enormous,heres why spain and italy are in deep trouble also they could decide to stiff creditors,puerto rico same deal,this could could get real bad down the line,hell a dem president who belioeves ion krugman could say um who cares about the debt payments,we COULD be entering a new phase of world economies
i bet half the guys here have zero idea who candy samples was.lol
let me give the silver lining here,the street finally has the excuse to have that much predicted correction,if we can get another 5 percent on top of the over 2 percent we have presently,we just might get to avoid something nastier this fall so hopefully by thurs or fri we finish and perhaps late summer or mid fall back up
its called clintonian,im not sure she winds up as the dem candidate between the court hearings,and bernie sanders liz warren has to be rethinkiong,if bernie is worth 25 percent of the dem electrate,as a socialist,whats the value of a semi socialist female to dems,at least 50 percent she would beat hillary onnce the northeast primaries kick in .
this will be over 70 by years end,dont forget there was a huge stock split a lot of shares are changing hands
ive got my triple and am keeping on keeping on,but i agree there will be a selloff,likely to the 84-85 area before the pre earnings rally,after that who knows until after company guidence.
the hard on was his taking down the teachers union and winning 3 elections in a sorta blue state
the problem comes with spending guidence,i think we saw the runup and i think we mark time,if im wrong this will be getting close to a 100 pre eanings,im standing by marking time as thats what makes sense from here we may see 90 but we will be under at the announcement
FOLLOWING THIS CO FOR 4 YEARS now,i stand by my comment,hunt fumbled in the red zone a cpl of years back,believe it or not he was sing qb at procv country day as a lower teen,he fumbled there too
not sure there is one,fb has oodles of shares,mgt has a totally separate class of shares .google doesnt have all those shares,thats fb issue for a while,sometimes comps are not there,im not seeing one here,the key is the ipo,they were very different.
Perhaps back to his childhood estate in barrington rhode island!