? Are you stupid? Ya it got ugly because of a one Bear Stearns, Fannie and Freddie. The entire stock market crashed. Several fortune 500 companies were trading in the single digits. Theres no telling where ttwo could have managed to go. $24 has been my target and remains my tartget.
Pretty shocking that there is not one yet. Should have a weighting of msft, sne, gme, atvi, ubi, ttwo, znga, gluu, ntdoy, nvda, ea, aapl, dis and goog.
This industry is in an uptrend from hell.
This isnt accurate at all. Thats for xbox360 and ps3. It doesnt include the next gen pre-orders which are substantial and impressive. It wont break gtav's 3 day $1B record but it will make over $1B in the first week and come very close. Its also being released for pc/steam and wiiU concurrently. This will likely be one of the biggest years for video game sales in history. Sony and msft cannot produce enough new consoles to meet global demand. The crazy thing is that their manufacturing capacity through flextronics and winstron is nearly triple what it was for the last generation 360/ps3 release and logistics are also much improved.
Wow, you talk about a manipulated pos. This takes the cake. So desperate to keep it from collapse that people would resort to this kind of penny stock pump behavior. Sad.
Errr...the dollar might test and break its 2012 lows. If it does all hell is going to break loose. All bloody hell. Then we have this developing story out of china of a potential credit crisis. The Chinese manipulate their data to the point of positive ridiculousness so we dont know how bad it actually is. It sounds like several defaults are actually expected thus the early writeoffs. The ramifications of these two things combined are beyond anything that Bear Stearns pulled and make that 2008 situation as globally relevant as a Radio Shack bankruptcy. This could put the FED in the ultimate catch-22 with either choice bombing the market something fierce. Long term puts at this level would be wildy profitable even if the S&P went up another 250 points to 2000 imho.
YouTube is expected to unveil a subsription music service next month that will be add free and allow unlimited downloads of music videos on computers and mobile devices along with unlimited streaming. Sony, Universal and Warner have reportedly signed off on the agreements already.
Thank you for playing.
Along with a weaker dollar and rising bond rates. This is a recipe for disaster. Spy's volume alone was $8B under average and several other index/et funds were worse. Not even a massive pomo day can make up for this. October crash still coming.
All Nintendo would have to do to move up 100% is open up their ip to other platforms especially mobile. They never will though and they have made that quite clear. In the end the company has cash and that ip book value will always keep them afloat so the downside is quite limited imho. I wont be an investor. However, i assume they will probably come out with a new console in 2 years that challenges the ps4/x1 in power. The hardware architecture will also be similar so that porting all AAA games wont be expensive or time consuming for 3rd party developers. It will be very hard to compete against a meta platform like the X1 though, a system with an incredible user interface, great online store, legitimate web browser, large online community, runs mobile windows apps and can organize cable television in a way not even Comcast/Dish/DirecTV has figured out. I will consider being an investor if i get word of a legitimate console sometime in the future.
Its close to the nucleus of the ios operating system. Ultimately thats why it works better in every way. iTunes Radio is faster, has a much better user interface and alot of songs/artists I have never heard of. The big problem for Pandora is that goog and msft are going to implement their own version on their mobile operating systems. That will render Pandora useless. Then you have goog, msft, and yahoo rolling them out on their main products. Msft on the Xbox and Windows. Google on Google and Yahoo on Yahoo.
Bellwether's TA all set for plunges!
Twitter ipo on Nov 15th- top for social media
Google chart says - get out
Dow chart says- get out
Aapl earnings- catch 22? Plunge on beat or miss?
You see catalysts for upside here while I see catalysts for downside.
6% of SOCL, the major social media etf, is in Pandora. Pandora is going to get taken down hard and I believe it will be the first shot fired over the bow. The rest of social media will follow and i suspect that the twitter IPO might be the top. I also believe that aloof from all the subscriber/listener numbers that Pandora follows the social media stock trends in lockstep. If LNKD, FB et al get taken down Pandora will follow. I see no upside left for this company. I am short to my cover target of $20 although $15 is highly likely is $20 breaks.
21% above 200dma. Thats not only rare but much higher than the 19% above the 200dma at the height of the 2007 bubble. Bullish sentiment is also now at 50%. Its historical average is 39% and we have been above that for over a month straight. Puts/call ratios are way too bullish. H&S has appeared on most index charts as well.
I gotta say, this is all playing out in slow motion. Its getting worse and worse day by day. I think we will test the high $160's before October ends.
They need to up their AAA mobile footprint. Saw the new ipads event today and just got the iPhone 5s. I tell ya, that A7 chip in the iPhone makes mince meat out of even the most demanding games. Take Xcom ios for example. My 5s phone handles that game with less pause or pixel loads than my 360 console. My point is these new mobile tablets/phones are becoming super powerful and finally capable of running demanding AAA games. These silly indie startups who have dominated the mobile game markets with their cheap games may be on their way out. My point is I think ttwo needs to start treating the tablets/phones as console platforms. They have the power now. When the Apple TV sets come out next year there is no doubt that they will allow mobile device games to be played directly on the big screen with support of some type of game controller.
In a huge announcement (that somehow has gone unnoticed) the Xbox One will support mobile apps which means you can play your Windows device mobile games on the big screen with the use of the Xbox One controller or just download Windows mobile games directly onto the Xbox One.
People say the future of gaming revenue is mobile. About 50% of that statement is true but what they fail to mention is that the same AAA game publishers that dominate the console segment now will also dominate the mobile gaming market as mobile devices reach gpu/cpu power parity to run AAA titles.
Thats fine but let nflx be a warning. A month of gains wiped out in a single trading day. I expext the margin calls there to be pretty harsh over the next week so a move to $250 would not be anomalous. That would mean 3-4 months of gains could be wiped out in a single week. Just sayin', when it does fall its going to be very bad for bulls.
Thats the thing about bullish propaganda. The fact is that several months of hard fought gains can be wiped out in one trading session. With margin calls getting lined up for tomorrow its hard to see this nflx bloodbath ending anytine soon. Certainly not before $250 when its all said and done with. So basically, we could be looking at 3-4 months of gains wiped out in a week. Bears won big here. Wish i had been short myself.
Yikes, the nasdaq bellwethers are set up like dominos here. The final devastating blow could be the twitter IPO which could signify the top for social media. Twitter is just sitting back and praying that the Nasdaq can hold up long enough for them to fleece some dumb money to the tune of $20B. Could end much worse than the FB ipo intially did.
NFLX was the first shot fired over bow for the Nsdq as a spectacular reversal and selloff struck from open to ah today. The second shot fired over the bow will be Aapl next.week. The last shot will not be a warning shot but a direct hit as the Twitter IPO will signify the top for the remaining Nsdq bellwethers, that is, social media. FB, Lnkd and Yelp will get taken down in tandem.
The market is in grave danger here at these levels especially the Nadq as it has rallied a spectacular 9% in a couple weeks time. We are over 21% above the 200dma. The 2007 bubble we were 19% above the 200dma before the historic takedown.
I don't give a damn if the Fed or Jeezus Christ himself are propping up the markets. It's irrelevant. I expect a 200dma test for markets shortly. The world is very calm right now with no political events or such for some time. This is historically the worst possible time to be long because the market tends to selloff hardest when there is absolutely no reason for it to do so and blue skies abound.
The Nsdq will lead the markets lower.
"The user interface and catalog is far superior to Pandora. This might be because iTunes Radio is connected to the ios/os in ways that Pandora never will be and this is evident in everything from the application speed to the ease of purchasing music that you hear."
Fact1- the company is unprofitable
Fact2- the competition offers a cheaper and better product
Fact3- the company is grossly overvalued
Short with everything you have including maxing out your margin availability. $15 price target by Dec.