Yes - you read that right when you add in potential buying customers from New Jersey, Arizona, Colorado, Texas, New Jersey and now potentially New York. And we no the banning of Tesla electric cars won't stop with New York taking action against Tesla. No way since more states will follow banning the sales of Tesla electric cars. Look for half the United States by end of year prohibiting the sales of Tesla cars, due to state lawmakers protecting auto dealerships.
Agreed. And you're not even factoring in any new games Zynga will come out with later this year. Oh, and last I checked Candy Crush had no interest in online gambling overseas or in the U.S. Candy Crush is a good company but some what a one trick pony. Zynga on the other hand will be a big player in online gaming and online gambling for decades to come.
Now how far do you think Tesla stock drops when law makers in New York State ban the sales of Tesla cars. My guess is when news hits that New York will restrict the sales of Tesla cars, Tesla stock drops below $60 a share and possibly keeps falling. You can't have Texas, New Jersey, New York, Virginia, Colorado, etc. all banning Tesla car sales and expect this stock to trade over $60 a share. Going to get ugly real quick for "little Tesla".
Colorado has banned Tesla sales so its becoming obvious that liberal states like CO and New Jersey are banning Tesla electric car sales and conservative states like Texas, Arizona and Virginia are also banning Tesla auto sales. When you get a big cross sections of States in U.S. banning Tesla auto sales - look out because other states will follow and also restrict Tesla sales in their states. Look for New York to be next in line to ban Tesla auto sales. And should that happen we drop below $100 a share in the flash of an eye.
Stock tanking in Europe market and we will see big volume today as sellers sell to cash in there profit.
so Zuckerberg has to throw 19 billion dollars on the wall and hope it sticks. Problem is Zuckerberg can't throw worth squat due to lack of muscle tissue and arm strength. He only has enough arm movement to sign away 4 billion in FB cash and 15 billion in company stock. Sad but nerds just don't like physical exertion.
Great post - Justkeepushin. After reading your link I sold my FB shares. No reason to hold when the majority of talking heads say Facebook is throwing good money after bad in some desperation move to save its scalp. Mark could of picked up Whatapps for 10 to 12 billion but since he CEO and majority share holder of his own company, he can foolish bets and pay way beyond what anyone else would pay for Whatsapp. Facebook now has the "green light" to nose dive since its now 19 billion (more in debt) with a CEO who answers to no one.
People in power who are desperate, do desperate things. This 19 Billion dollar buy on FB part was pure desperation to fend off (or buy) the enemy. But Mark can't buy every company out their trying to take a piece of the FB action. In fact Mark just told everyone in the world that he is will to pay far beyond what a company is worth, so he can keep his own little FB kingdom. It won't last though and in a year or two FB will be in decline and some one else out there will replace Zukerberg and one of the worst CEO in the world.
Man, this is scary stuff if your long FB. I mean if this "gamble" and it is a pure gamble goes the wrong way FB stock could fall to single digits. Not saying it will, but am saying FB might just of cut off its nose spite its face. Or shall we say Mark just spent his nest egg in one big swoop. And I don't think its going to end pretty.
as the social network users decline and advertising dollars start to dry up. Best to take any kind of profit here if you are long and sell in AH. Best to be out and on the sidelines, when the train wreck hits next week.
maybe closes near $35. You know the company will miss big due to bad weather, reduced sales and poor management. And lets not forget "cut throat" competition. It all adds up for a major sell off as Coke misses and then give weak forward guidance.
the Fed has to continue its taper program or look like complete fools. Yellen will send the market down big time if she takes her foot off the taper pedal and we all know she is a "weak Dove" now running the Fed.
Decisions, decisions. Probably do both at market open since Gold is set for a free fall going into Fed Minutes report afternoon and then strong job numbers on Friday. Thinking Gold could see a really big fall today, Thursday and especially Friday. But we all know (going forward) gold will continue to sell off for the next year or two.
ADP numbers were strong thus giving the Fed another strong signal to taper away and end Quantitative Easing this year (maybe this summer). Gold heading South as investors say "Gold worst investment in 2014". See you all this afternoon as the Fed says - Taper now in full throttle.