Gold has a better chance of reaching $3,000 an ounce far sooner than Tesla reaches $3,000 a share.
If not - I will eat my hat!
Debating buying NFLX before tomorrow's earnings. I wanted to buy it back right before New Years but kept holding out for a small drop to my mental buy price. What a huge mistake that was.
Stock was up like 50% the past couple weeks. Stock is down less than $10 after hours after the report. I call that a win.Interesting...
NFLX announced quarterly earnings of $0.30 per share, beating expectations by 25%...
Yet as of right now stock is down ~4-5% after hours.
https://www.tesla.com/blog/tesla-company-updateTesla doing more layoffs, stock currently down 6% premarket.
So folks, I could use a little advice based on what everyone here is feeling. Personally, I love it when the stock market falls. It's what tells me it's the perfect time to buy.
However, for once, I can honestly look at the losses and say "This might not be the time inwhich the knife has hit the floor"... meaning more might be coming. Statistically, were still vastly overvalued, no?
Basically, I finally have some significant funds in my HSA - and I'm also ready to invest in my IRA for the year - however, I want to buy at the low end. What is everyone's general feeling? Have we hit the low point of the year or is there still a real recession to come?
I've got 700 shares I'll sell you. I just don't see how all of Netflix buying original content is going to work in the long run if they don't start putting quality over quantity.Debating buying NFLX before tomorrow's earnings. I wanted to buy it back right before New Years but kept holding out for a small drop to my mental buy price. What a huge mistake that was.
I've got 700 shares I'll sell you. I just don't see how all of Netflix buying original content is going to work in the long run if they don't start putting quality over quantity.
TSLA down to ~$280 today. Getting closer and closer to my $250 buying target heh.
That's the main reason I'll eventually (in the short run) sell the stock. It is almost getting as bad as Cable and Satellite TV with every channel deciding it needs its own streaming service (like Disney and CBS all access), eventually us cord cutters will be back to paying what we did before for content. The content I've seen lately isn't worth watching. Did you try and watch the Netflix Original Movie IO? It was so boring I eventually fast forwarded to the end, and it ended pretty much like I expected, which sucked.Quantity is how Netflix works. Technically it isn't the same business model as say HBO has been for the last 30 years. Netflix is 1 price for everything. HBO just represents one video in the Netflix lineup (for example). It is up to the users to decide what is quality - and that is strongly a personal thing. As long as they aren't chock full of only movies by The Asylum company, they should be just fine. I do think however they may be overstepping the money they are throwing at things. I think their old model was much more sustainable, at least until every channel decided it needed it's own streaming company.
That's the main reason I'll eventually (in the short run) sell the stock. It is almost getting as bad as Cable and Satellite TV with every channel deciding it needs its own streaming service (like Disney and CBS all access), eventually us cord cutters will be back to paying what we did before for content. The content I've seen lately isn't worth watching. Did you try and watch the Netflix Original Movie IO? It was so boring I eventually fast forwarded to the end, and it ended pretty much like I expected, which sucked.
It's technically the best time to committ this type of fraud. Apparently most of the SEC is on furlough, nobody's at the wheel.PCG - a bankrupt utility went up 75% yesterday on a judges ruling regarding liability over fires - and some idiots bought $500,000 in call options just before the news was announced.
They made close to $9MM in instant profit using what might have been inside information.
I guess no one told them the SEC investigates sh*t like that for violations of the insider trading sanctions act?
Derp!
https://seekingalpha.com/news/3425913-timely-trade-pg-and-e-options-reaps-millions-paper-profit
PCG - a bankrupt utility went up 75% yesterday on a judges ruling regarding liability over fires - and some idiots bought $500,000 in call options just before the news was announced.
They made close to $9MM in instant profit using what might have been inside information.
I guess no one told them the SEC investigates sh*t like that for violations of the insider trading sanctions act?
Derp!
https://seekingalpha.com/news/3425913-timely-trade-pg-and-e-options-reaps-millions-paper-profit