May 2012 Trading Thread

[cky23k]

Originally Posted by standouts

lol I am not sure why I am so curious about this facebook stock, but I guess no one really has any opinions on the matter?

I'm not going to be buying any of the IPO. $100 billion market cap for $1 billion profit on $4 billion revenue? I'm staying away.

The problem with Facebook is the advertising growth is not going to scale with user growth. They're going to be inversely related IMO. When Facebook ramps up the ads on the site, they're going to see a slowing user growth (because people are going to get annoyed and leave or not even join).

[cky23k]

Originally Posted by cky23k

HPY pattern forming nicely, I expect this to move upwards fairly soon (I hope). If it misbehaves I'll just lock in a small gain.

Well HPY is misbehaving, I'll likely try and liquidate my position tomorrow depending on price action.

[standouts]

Originally Posted by cky23k

I'm not going to be buying any of the IPO. $100 billion market cap for $1 billion profit on $4 billion revenue? I'm staying away.

The problem with Facebook is the advertising growth is not going to scale with user growth. They're going to be inversely related IMO. When Facebook ramps up the ads on the site, they're going to see a slowing user growth (because people are going to get annoyed and leave or not even join).

While I personally don't even use FB. I do think there is so many people that I have encountered who are addicted to it like cigs. They can't help but to be either online all day via their phones or to pop on 4-5 times a day to post about their days like everyone cares. Seems like the dude is a smart kid and with the right moves with the IPO could possibly take it to another level himself. This is all yet to be seen though obviously as the growth of FB depends on them staying new and fresh with things. Was just curious as to what people more familiar with stocks thought about this all. I am still very much learning about the stock market. Trying to put some time into things little by little before I actually start investing myself.

[highpsiguy]

FACEBOOK will break investors hearts, I guarantee it.

The valuation is beyond ridiculous.

Mind boggling that these wall street scum could slap a $100 billion value on that when real companies are trading at single digit multiples.

Zuckerberg is going to be wall streets little whipping boy and it wont take long.

Zuckerberg shows up in a sweat suit, what a moron, were talking about the American peoples life savings and you ask for it in sweats??? he should get prepared for death threats they will be coming in 6 months

[highpsiguy]

also, nice easy to predict market, lol gotta admit I have been bang on. nice gap n crap, TSX opened up triple digits, haha short lived squeeze and the big boys push it down the tubes.

Nice bounce on LPR down just another 7% lol... If you are still holding the bag on this dog GEt OUT company probs going under.

[savant111]

Still can't find a reason to get in the market here. Still expecting a pop in the next two weeks, maybe FB will finally be the catalyst. Just need something to get the dominoes to start falling.

As has been the case all week for me Cash is king. There are short opportunities still out there, but I think waiting it out might be a little more safe for my game. I like my chances once it's time to go long.

If long set ups break down further and we start seeing -300pt days like last year I'll reassess.

[highpsiguy]

S&P 1250 like easy cheese

[savant111]

Originally Posted by highpsiguy

S&P 1250 like easy cheese

Ill take the over in the next 30 days if you want? Some kind of small stakes bet?

[highpsiguy]

Originally Posted by savant111

Ill take the over in the next 30 days if you want? Some kind of small stakes bet?

that would be a smart bet....

Look at this crack addict market, QE chatter will probs send this junkie up triple digits, wont be squeezed..

[Morishita System]

Originally Posted by highpsiguy

S&P 1250 like easy cheese

Originally Posted by highpsiguy

that would be a smart bet....

Look at this crack addict market, QE chatter will probs send this junkie up triple digits, wont be squeezed..

So which is it?

[highpsiguy]

Originally Posted by Mori****a System

So which is it?

I wont bet him because obviously that would be a dumb bet for me.

I am stating that the market will likely pop higher - however i will not be squeezed out of my short positions...

Hope David Einhorn gets on the CRM call and starts asking questions.

[DeezNuts]

Originally Posted by Hayao Miyazaki

Hope David Einhorn gets on the CRM call and starts asking questions.

Please yes.

[ahnuld]

Originally Posted by highpsiguy

also, nice easy to predict market, lol gotta admit I have been bang on. nice gap n crap, TSX opened up triple digits, haha short lived squeeze and the big boys push it down the tubes.

Nice bounce on LPR down just another 7% lol... If you are still holding the bag on this dog GEt OUT company probs going under.

ill bet you it doesnt go under in the next 3 years. since you said probably you must be willing to bet at 1:1 odds. name how much

[highpsiguy]

LOL, nah I have seen these kind of stocks before, they can drag on for years... of course they destroy all shareholder equity first but they still trade so HFTs can nip poor retailers for micro pennies.

We will just leave it at nice call sir, nice call...