- 28,230
- 12,584
Throw out the fundamentals and charts. They're almost meaningless in this situation.
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Wizard im assuming your talking about Modern Rock? You are correct about taking profits. I guess I'm so hard on myself ,because I want to be a successful day trader (just started a few weeks ago). I must remember that patience is key and that greatness will come with time. BTW i appreciate your blog, I hope to get into the IU chatroom soon, i really enjoyed Nate's dvd.
TSLA at 151, you guys getting in?
I took the gamble, just bought a couple shares.
TSLA at 151, you guys getting in?
Buy TSLA at 149 and sell tomorrow? hmmmmmm.
What do you guys think about SONY with the Playstation 4 releasing soon?
I don't come into this thread too often, but I'll share some brief thoughts with you guys.
This market is incredibly frothy. Be weary. I know it's easy to get caught up in all the gains and highs we've been seeing, but there's a reason for it.
Lot of companies (at least the ones I'm tracking) who have had ERs recently seem to be meeting or beating their EPS estimates but have tumbled due to a drop on outlook. See TSLA, SCTY, WFM, NDLS, QCOM. Wut dis mean?
What's$TWTR
$TWTR
What's about it? The opening price jumped 76% above estimates, which personally is an inflation of the reported demand. The ones who made out from this are those who got in during the cheaper pre-IPO. They have no clear, definitive business model and they have extreme difficulty generating revenue.