I dont have a position but have a good sense of what will happen. This year income will double again and the stock will see 250, than it will peter out. Its going to take time for the companies that are advertising on the platform to realize that the damn thing doesnt work. Than they will pull out and when they are pulling out they will also go short. They are not stupid. They know when they and their buddies pull out is the end of the run.In the meanwhile shorts will help to keep this afloat.
same old game different player!!
There is no such thing as a stock is good or bad, as long as you know when to buy and when to sell. I would not sell or short a stock that has enough business as far as eye can see, in a landscape where govt dollars are financing a tech boom
Typically CERN makes a move and doubles after it shows year after year and quarter after quarter of earnings momentum, which it has now for the past year. With the current love of wall street for growth rather than staid earnings such as APPLE, watch out CERNER.
The last time it ran up, it lasted 5 months, so these things don't die out easily. This company is not worth the paper its shares are printed on, but still markets can be irrational for a long time. The best bet is buy june puts and march calls. If tanks you even out but if it runs up for a while you almost get the put for free.
Last night learned that KKR is looking at LBO of this company. No wonder it climbed 30% in the last 6 months and 10% on friday. Jumping into it now is like joining the orchestra on Titanic while everybody is jumping into life boats.
Even if AAPL limps along at this rate with no growth, they are amassing 40 billion dollars a year and by 2019 they would have 440 billion dollars of cash, which is equal to the value of the company. It is like buying 50 dollar shirt with 50 dollar bill in the pocket. Its the most ridiculously underpriced stock of the century except for mastercard that went of IPO at 60 dollars
6 billion dollars worth of backlog orders. For Forseeble future this thing will keep inching upwards. The kind of revenues it generates deserves a much higher market cap. I am surprised IBM did not make a move to buy it out.
If you take out business computing where everything is on network and search is mostly forbidden, That only personal computing to monetize, which unfortunately is moving into mobile. Monetizing mobile is like advertising on postage stamps.
So unless search engines also drive corporate networks the search market is dead and dying revenue machine which is reflected in BIDU,s price.
Google is way ahead by diving into operating systems that gives it leverage into mobile advertising. So BIDU is dead stock for forseeble future and this train is stopping next at station 80 in the next 3 months. That my dear watson is the most elegant analysis ever provided on a message board and take it run with it and live Long and prosper.
I dont understand, may be someone can explain. Last year Apple made and retained a profit of 40 billion dollars. Even if its business doesnt grow, at this rate it should pile up about 500 billion dollars in 10 years and there are a billion shares outstanding make it worth 500 dollars a share even if they dont make a dime afterwards. How can this company sell for 520 dollars when they are making 40 billion dollars of profit a year with no end in sight for the profit making company.
Apple is now in technical mode, price fluctuations detached from fundamentals. The technicals suggest a drop to 522 and than a run up to 540. Start buying at 527 and average out 522 and take a profit of 18 dollars in the next two weeks.
we will see. it will hit 475, before it hits 575. They have to show the next earnings cycle the same torrid pace they did before, and if they dont you are cooked by Mr Cook.
When the axe falls on health care expenditures the first thing, to go is the bribing of hospitals and physicians to adopt electronic health record. Electronic health record, when innovated by market forces would have been an elegant solution for the health care morass, but when government got into it, It thrust a 'not ready for primetime technology' down health care throat.
Imagine if government decided way back when that cell phone would improve business productivity and hence mandated them and help underwrite the costs of cell phones. We would now be carrying a suit case size cell phone that costs 3000 dollars. Thats what exactly the digital health care revolution is. It brought health care evolution to grinding halt. So when government pulls the plug on this life support companies like cerner would be dog meat.
In asian countries which are densely populated where people live in 600 sq ft mansions, people don,t spend uninterrupted hours at home on computers to make internet marketing a formidable tool unlike US.
So going forwards with all things being equal and people migrating to mobile than computers, the growth of BIDU is going to be subdued. They are not going to die out but neither are they going to double revenues every year.
So for BIDU the story is going to be 5-10% growth every year, not the 100% growth that we want. So it will linger around this price range with the next drop to 80,s when earnings come out. The best trade is to sell 120 dollar naked calls, short of it the best trade is to short every spike such as this one from 90-100.