VRX has never actually made any money..... all tricks and mirrors, and loads of smoke.
As chine gets richer, BABA gets stronger. $300-350 is a given in ipo day.... maybe $400-450bn. That's only a 40 PE.....
bad looks and high-price can only mean one thing.
Goldman had to report December figures separately and revealed it had lost $1.3bn during a month in which capital markets were turbulent, deal activity halted and most investors stayed on the sidelines. if it had a 'normal' reporting quarter, there would have been $1.3bn less profit. this is beyond a joke, and for that reason i will be a shorter of GS tom.
for the last 65 dollars... stop being stubborn!!
yep, you dummies will be saying this all the way down to sub 100.... crying, bleating, still not getting it that the fantasy game is over.
please ask yourself why this is worth $30bn and will it ever turn a profit?
This get picked up by reuters etc by monday
this is a long all the way to $644... .
what will be shocking is how quickly it does it. 10 trading days max
for too long.
all the scaremongering has been nothing but a disgrace.
we need to write to the SEC as this amounts to manipulation and theft both from option holders stock holders alike.
that it was bought heavily by active managers to a level where they were basically closet indexing. now that they have been caught on wrong side, and caught out, they have to unload to make sure they don't under-perform indexes. nothing is worse for a 'active ' manger on 2 and 20.
and that's why this is getting killed.
and with snowball effect sub 600 is possible.
but if iphone5 really has made people re-think apple, then guys, game over. there is 600bn in market cap here that needs to be taken down. and for what somebody earlier called a toy company, which is not far wrong, the drop could be very nasty and super fast.
dangerous days ahead for longs.
don't trust the analysts.
they know nothing and are caught like deer in headlights.
they never bleat up in time. never
to raise prices by drugs 5-10 times on acquisition is nothing short of a disgrace.
I am. This is a disgusting gouging company preying on the dying.
Growth days are over. Massive price cuts mean slashed revenue going forward. Mondays results are moot. In the past. It's the future that counts. And this company may well go bankrupt when it has to pay back billions to the Govt.
it's a unique opportunity to own the future biggest company in the world.... controlling 80% of chinese e-commerce forever... trillions in revenue potential per year.
A buy all the way. I'm long from $152ish.
Faber has his ear close to the ground on this... he is the M&A reporter at CNBC, and never wrong when he does actually report.