earnings are coming,and unless there is an announced restructuring,this heads back south other wise this is a very,very longterm investment that has at best a 25 percent shot of working.the world has changed and im not sure that bbry fits besides govt at this point
stop following these folks,these are the guys selling to you,under 42 by weds close,35 by christmas
its not the 26 gap go back a year the gap was retraced before the run,its the gap between 34 or so to 55,im telling you this is aol all over again,huge runup,followed by collapse slow progression back up and than boom a final ex[plosion up,like a cpl of years away.the easy short term money upside is over for a while
no but it sounds like longs will be waiting years,if ever,this co has to have a brand new business model that takes qtrs.
this may not see an up day for a few weeks.mkt correction,tax loss selling should be commencing and fb is now a huge candidat with a liot of people now underwater.
this is heading to the mid 30s by christmas,tax loss selling is starting and the rest of the mkt will selloff when repubs rip up patty murrys budget which sen reid has saidis te only budget the senate will vote on.
this willl be below ipo by christmas, the budget fight and tax loss selling are now in play,for a lot of investors this is now hitting loss area.fb has been especially weak the last 6 weeks now 20 percent down and a major technical damage now being done.the mkt rally for the year is over now that all the historicle benchmarks were breached.big late jan and feb,byt the year on the plus side is over
those calls are dead meat if they are pre earnings,its plainly obvious i was wrong and options expiration was not the issue last week.momemtum na,es are moving nicely today,this isnt,this has the potential once tax loss selling and budget talks start to break ipo price.for mkt historians this looks just like aol,not google
nothings turning,its oversold,theres no reason from an enterprise point for this to be moving.
theres the second possibility,if this turnaround fails debtholders are in line to take this over,on the other hand the 10 convertible is odd,they had to know that pulling the co would increase selling and that a convertible could be done lower.i still dont see where the turnaround comes from,i think dec earnings will tell a lot,what kind of subscriber loss has taken place.wouldnt touch this either way til after
you should be,my co is looking for janitors if you need a job,now if you dont know what they do,they mop floors ,clean toilets,pick up trash,clean windows etc.
look we ve been through the night 2 years ago,though my puts made some real money,and i kept better than 90 percent of my shares..patience will be rewarded,if the stock does zero for the rest of the year im fine,next year will take us to 50 or close to.
crushing every call from 45 up,particulary the 50s where the heaviest bets were placed.,wont be shocked to see them make a run at 45s simply for fun.
the pros are finishing off that huge swath of nov 45 and 50 calls,i wouldnt be shocked to see this it another 50 cents down by days end,fb may well have seen its high after hrs 3 weeks ago.,no real reason to go up and the govt in tatters.