"The move is part of a broader restructuring in the hope of cutting costs and refocusing the company on the core app, something Twitter’s board has been discussing since early September. Twitter also said Thursday it was laying off roughly 350 people, or 9 percent of its staff." Link to articleCan someone help me understand why Twitter would choose to just shut down Vine?
If that doesn't work they could roll out "$CMG - Now Serving Breakfast All Day".
Will be looking to add more AMZN too. Surprising they're shutting it down instead of selling"The move is part of a broader restructuring in the hope of cutting costs and refocusing the company on the core app, something Twitter’s board has been discussing since early September. Twitter also said Thursday it was laying off roughly 350 people, or 9 percent of its staff." Link to article
As the price action shows, so is everyoneWill be looking to add more AMZN too.
That's kind of where I was coming from with my question. Is there any chance this was because Twitter is now in business with the NFL and these sports leagues hate that their property is getting shared in this way? Which I obviously understand, but it gives so much more exposure and I wouldn't be surprised if they aren't thinking long term with that.Surprising they're shutting it down instead of selling
Out at $5, for a lost of $510.00. Sorry GB. :( Hoping to buy back around $4Picked up some MEET at $5.48/shr.
:hellostlbob:
Yep.UVXY at $15.61 to hold until the election. Looking for a homerun hedge if anything really ####ty happens.
Up 23% In 3 Days. Markets increasingly skittishUVXY at $15.61 to hold until the election. Looking for a homerun hedge if anything really ####ty happens.
Sold today at $72.60 for a loss of $2622.00I also added 35 more GILD last week to give me 130 at $92.77
$FB. I'm wearing headphones - listening to heavy metal and playing drums.So this is the Warren Buffet in me talking (because I'm too damn old and don't understand Social Media Stocks so I don't own them).
Only 40% of the global population has internet accress - so that's about 3 Billion internet users in the world. Facebook says there are 1.7 billion individual active monthly users. Which means that nearly 60% of people with internet access use $FB every month. Now I don't know nuthin' about nuthin' but I don't have a Facebook page, have never had a Facebook page, have never logged into Facebook. And I personally know a lot of people like me. So 1.7 billion people actively logging into Facebook? HORSE HOCKEY!
So to me those numbers seem fishy. On top of that - I'm confident that the revenue they generate (though real) is fleeting. The day is coming when companies realize that advertising on Social Media platforms does not generate business. LIKES DOES NOT EQUAL CUSTOMERS. LIKES DOES NOT ADD TO THE BOTTOM LINE.
The ads are inundating too. So much so that I'd guess human psychology begins to ignore them...then disdain them. I see an ad on some stupid page I intentionally won't click.
On top of that there is just so much ad revenue to go around. Facebook; Meetup, Yelp; Find Me #### Me (that's going to be my new startup Unicorn).... The dominoes are stacked on a cliffs edge way too far...way too fast. When the time is right - someone's going to make a fortune shorting these to where they belong- in the same room as Pixelon and Lycos (you know your first choice these days when it comes to internet video streaming and web search).
Now back to my Coca-Cola and a nibble on a See's Candy.
I'm going to hold a little longer. I think earnings are on 11/7.Out at $5, for a lost of $510.00. Sorry GB. :( Hoping to buy back around $4
This was a year you could have just socked your money in a mattress and done about as well as an index fund. FML.siffoin said:Chart
Read into however you want. A little concerning. No market trend is ever exactly the same. To me this doesn't look like 2007 into '08 or 1999 into 2000. This trend is unique. Time frames are important too. A Hourly Bear Trend within a longer time frame Daily Bullish Trend= Buying Opportunity at support levels. A Daily Bear Trend within a longer time frame Weekly Bullish Trend = GREAT buying opportunity at support levels. But when the Weekly Trend rolls over to bearish ---it's time to take heed because once you get to a Monthly Bear Trend it's too late to sell and you're stuck. THE WEEKLY TIME FRAME IS THE SWEET SPOT FOR LT INVESTORS.
I've said this many times - but selling is part of the game. In addition in major bear trends where the market loses 25%+...even when the market goes back to the old highs you've lost time. And as you get older the ability to make up those losses over time becomes more difficult. In addition - the modern market has become one where an investor must make increasingly risky bets. I would suggest that times like this when viewed with the correct perspective present "opportunity", and a bold action plan is a good idea. Fortune favors the well prepared.
Good luck!
You turned $200 into $1800. Sell half right now. NOW!Hi folks. I don't know much about anything when it comes to the stock market, but I dropped $200 into scottrade just to play around. I purchased 10k shares of MCOA at 0.018. It's around 0.18 today, and I was wondering if anyone out there is following the marijuana stocks that could help me understand where this could go? I'm guessing a lot will depend on Nov 8th, Prop 64, etc, but was hoping someone much smarter than I could share their thoughts.
Numbers were good, possible forecast not so good. I'm up and holding. Believe me, I don't use it much myself GB.$FB. I'm wearing headphones - listening to heavy metal and playing drums.
I think these numbers are bullshiz. 178 million Daily Active Users in North America (US & Canada)...that's like 50% of ALL people. No ####### Way. NO ####### WAY! If 50% of ALL Americans log into Facebook everyday - then a sub-group of active internet message board football nerds aged 18-55 would be at something like 100% DAU. Can we do a survey here? (maybe I'm wrong, but I'd say less than 25% of FBG's are DAUs).Numbers were good, possible forecast not so good. I'm up and holding. Believe me, I don't use it much myself GB.
You know I value your opinion and expertise my friend, so you talked me out at $119.71 for a profit of $850.00I think these numbers are bullshiz. 178 million Daily Active Users in North America (US & Canada)...that's like 50% of ALL people. No ####### Way. NO ####### WAY! If 50% of ALL Americans log into Facebook everyday - then a sub-group of active internet message board football nerds aged 18-55 would be at something like 100% DAU. Can we do a survey here? (maybe I'm wrong, but I'd say less than 25% of FBG's are DAUs).
I think they are using some kind of vanity metrics. Vanity Metrics are BS. This is an illusory world of finance - and because everything is "awesome" I won't be surprised to see Facebook go higher after this initial dip. One day the truth will out - and the honest price/value of Facebook will converge. I gauge that somewhere sub $50. Till then I'll jam to Korpse at 11 (and have another bite of candy from Sees).
Seriously GB - Support at $114->$108->$92->$80...you would like to see $120 hold here today. Stay safe, and NLAWTTAL.
I wanted to hold but at a 52 week low. Need to see a bottom put in.SBUX is a buy now, right?
Heads up on ADPT which is down about 80% off its highs from earlier this year. I think it bottomed around 8 today. P/E is below 2, book value is 21. Buy at your own risk; just thought I'd put it on your radars.
N(ever) L(et) A W(inner) T(urn) T(o) A L(oser)You know I value your opinion and expertise my friend, so you talked me out at $119.71 for a profit of $850.00
This has long been my take. Good thing I never shorted the damn thing in the past based on it.I think these numbers are bullshiz. 178 million Daily Active Users in North America (US & Canada)...that's like 50% of ALL people. No ####### Way. NO ####### WAY! If 50% of ALL Americans log into Facebook everyday - then a sub-group of active internet message board football nerds aged 18-55 would be at something like 100% DAU. Can we do a survey here? (maybe I'm wrong, but I'd say less than 25% of FBG's are DAUs).
I think they are using some kind of vanity metrics. Vanity Metrics are BS. This is an illusory world of finance - and because everything is "awesome" I won't be surprised to see Facebook go higher after this initial dip. One day the truth will out - and the honest price/value of Facebook will converge. I gauge that somewhere sub $50. Till then I'll jam to Korpse at 11 (and have another bite of candy from Sees).
Seriously GB - Support at $114->$108->$92->$80...you would like to see $120 hold here today. Stay safe, and NLAWTTAL.
I hear you on both, GB. I like to make trades and I like to make long term investments. I'm not on FB all the time either but I know more people that are than aren't. It's an addictive drug. I still think that FB is a good long term investment but trust your judgement that it's going down from here.N(ever) L(et) A W(inner) T(urn) T(o) A L(oser)
or we'll both be puking our guts out when this become the first $Trillion company.
I wouldnt get sucked in. Watching what happened with Brexit, if the numbers even start showing a chance of Trump winning during the early evening Tuesday, you'll be down 3-5% before you know what hit you.Futures are up yuuuuuuge
The reason, though I think they're fundamentally flawed, that I won't short this. Not sure what magic Elon possesses, but he has managed to capture more public money singlehandedly than anyone I've ever seen.fantasycurse42 said:I think there will be a few weeks of euphoria following a Hillary win. My gut says that'll be smart money dumping during that timeframe too.
BTFD has been the only strategy that's mattered for almost a decade. What I do remember is what happened the last time that strategy failed. Economic data is starting to say to me the Fed might be behind in there timing to hike.
Based on Hillary's stance on energy, if I was betting on some stocks to outperform the rally, Tesla will be one of the biggest winners of a Hillary rally.
This. Sidelines for me until Wednesday.fantasycurse42 said:I wouldnt get sucked in. Watching what happened with Brexit, if the numbers even start showing a chance of Trump winning during the early evening Tuesday, you'll be down 3-5% before you know what hit you.
I don't think Trump has a chance, but the downside risk outweighs the upside gains. Hypothetically Hillary wins and we rally 7% to end the year, I'd bet the loss would be 3x the gain if Trump won, so in this hypothetical the market would've tanked 21% to end the year.
All I'm saying is I'd rather miss a few percent on the way up than double digits on the way down, I'm basically risk off until the results become clear - I'll miss the first few percent in either direction.
Just my .02 - Trump pulls off the unexpected and you just stepped in front of a freight train.
It will look like the Brexit thing, but have massive world wide currency implications not just isolated to GBP vs. X.If Trump does pull out the surprise victory tomorrow, we are going to be in a world of hurt for a while, no?