Discussion in 'Business, Careers & Education' started by mikeman, Feb 2, 2011.
Pretty interesting stuff, thanks
Ugh, about to take a beating tomorrow (we're short) because markets are totally overreacting to the news of a single EU bank regulator. I mean, that's all well and good but how exactly does that stop a Greek exit and subsequent bank run in the no-longer EU country? And how does it stop yields from going higher in Italy and Spain?
But whatever, tomorrow is looking like a 1-2% day on the S&P and I'm going to get fucked.
I'm not worried about another big bank collapse. They have plenty of capital stockpiled. A further erosion of confidence in financials just prolongs this economic stagnation.
You are right to worry about smaller firms. I still remember what happened to Jefferies. Even though they were pretty well hedged, they got crushed because of counterparty risk.
That was an unusual issue. I have never seen one devoted to only one idea.
Very true. I think in times gone by there may have been expansions of one theme (tech bubble, or whatever), but I've never seen a single stock so dominate an issue.
If you google around, there are some interesting observations on the publication-- it seems that the editor/publisher is even weirder than one would expect. The same reports suggest that he's had some personal reason not to have put out an issue for a while. So is he swinging extra hard as he comes off the bench?
My wife spoke with him once. She said he was nice but odd.
I wonder whether this Euro Crisis will ever sort itself out before we start worrying about our own problems back home?
RR has been BLOWING UP lately..
Might have to sell as I don't see why it's gone up so much.
BTW, I fucking hate it when Seeking Alpha (yes, I read articles on there when they're linked from google finance) authors write a stupid post after a stock they said in a past article will go up, goes up. They always go, 'look here at my last article (link) where I say that ____ stock will under/overperform... yadda yadda yadda.'
STFU cause you just got lucky, son.
Decided my post did not contribute to thread.
PPL coming back strong
Speaking of apple, their earnings release is july 24th and I think they're going to disappoint a lot. I'm going to sell my position before the release.
I don't know what to do with AAPL. I want to sell now and take my 25% because I too am thinking earnings will disappoint. The IPhone 5 is going to be HUGE though and it is the reason I bought AAPL in the first place.
My hypothesis and action plan:
- Tomorrow, the gubment will release positive jobs numbers, indirectly boosting Apple's recent run-up a little more
- Sell all my Apple shares before EOD tomorrow and take profitz
- Expect Apple shares to pull-back a little before earnings release
- Expect Apple shares to fall dramatically after earnings release
- Buy after tumble, and hold until end of the year
Separate names with a comma.