Nflx makes 32 mil profit and carl icahn makes more than 300 mil due to stock appreciation.
that makes sense to you? I wonder who buy nflx at $389? You should ask your money manager if he/she uses your money to buy nxlx today. If so there is good chance you never see your money again.
There is a high fever about google now. A lot of investors and institutions buy google over 1000 today. Every one knows advertisement is a very volatile business. Some day down the road, with a bad earnings, google drops like a stone and investors need a second mortgage, people invested in mutual funds will receive a 50% cut in their 401K.
Last Jan MCP had an stock offering 410 mil in cash. Now they say they only have 160 mil and short of cash soon. They make another stock offering 200 ml (the rumor says 5.50/share). How can we know there is not another offering in a couple of months later?
Three months ago they said NOK would go to bankcruptcy and CEO Elop should be hang when NOK under $3.00. Now they buy NOK more than $6.00/share and said Elop is a genius. What else?