OT: It’s show time boys and girls….Facebook????

[Coronita]

[quote=AN]Can’t you buy puts and achieve similar thing?[/quote]

option premiums are too high to make it worth while for me.
That’s usually the case with options for volatile stocks.

Actually, funny thing is I got a partial order execution, because AH, it’s hard to fill the entire order at once. So this will get interesting… Lol….I don’t understand what folks are complaining about groupon. They exceeded revenue projections, they just didn’t hit their profit mark…What’s wrong with that? That’s what being a .com is all about…What? people actually care about profits in the latest .com companies??? No, really?

[an]

[quote=flu]I don’t understand what folks are complaining about groupon. They exceeded revenue projections, they just didn’t hit their profit mark…What’s wrong with that? That’s what being a .com is all about…What? people actually care about profits in the latest .com companies??? No, really?[/quote]
This is why I don’t think this is quite the .com like the original .com. I remember tripling my money in 2-3 months on a company with massive loss. No one really cared about earning.

[The-Shoveler]

Glad you got out early.
win some…

[Coronita]

Heh heh. Zynga puked today…. Maybe the crazy valuations aren’t so crazy afterall. Thank god….

What, we actually have some rationality this time around? Nahhhhh…

Yes I’m out as of this morning when it was still $13

[The-Shoveler]

Actually got about half my money back going into and out of QID again today. out too soon maybe just a quick day trade with my play IRA account.

[The-Shoveler]

NO expert but I was looking at FaceBooks numbers,
They are making between 1 and 2 billion after expenses, (about the same as google when it IPO’ed)

But still 100 Billion ?

Seems a bit rich to me, I don’t think they are another google myself.

But hey, if it gets me a raise and more Job offers for the next few years, I am game,

[Coronita]

Well Intuit just smoked their numbers…

http://finance.yahoo.com/q?s=intu&ql=1

At one point I had a lot of options/RSU in the 30ies.. Oops.

[sdrealtor]

Very cool. I have alot of friends there in exec roles who should benefit.

Interesting story. An old client of mine called yesterday. Used to work at QCOM but left for job at Apple a couple years ago. Stock was around $140 when he got there. Good move HUh!

[The-Shoveler]

To give FaceBooks IPO some perspective,
Googles market capitalization at IPO was about $23 billion

TO INFINITY AND BEYOND !!

[Coronita]

[quote=sdrealtor]Very cool. I have alot of friends there in exec roles who should benefit.

Interesting story. An old client of mine called yesterday. Used to work at QCOM but left for job at Apple a couple years ago. Stock was around $140 when he got there. Good move HUh![/quote]

Well, in San Diego I think at least in the big tech players are doing ok.

QC, Broadcom, Intuit all reported numbers exceeding expectations. Trying to figure out who else is down the pipeline.

[Anonymous]

[quote=flu]QC, Broadcom, Intuit all reported numbers exceeding expectations. Trying to figure out who else is down the pipeline.[/quote]

I wonder what these companies are doing to be so successful? I know they aren’t innovating, because only the government innovates. (sorry, wrong thread…)

Serious question though: Does Intuit have any real path for growth?

Seems they’ve reached the limit of what can be done for personal finance and personal income taxes. Are they in other segments/products where they have more growth potential?

And why does the mandatory Quicken upgrade that I get every two years result in program that is worse than what already had? I would gladly pay them $50 bucks a year just to let me keep using the version I have.

[The-Shoveler]

OK EVERYONE and I mean EVERYONE !! is expecting a retracement here.
So this kind of bugs me, it has to be the most anticipated retracement in recent history IMO
Anyway how are they going to catch the Dumb money holding the bag !!
(I guess there is always 401K money).
Well in disclosure I bought and I am holding more QID today, (maybe that makes me the dumb money, would not be the first time).
I guess we will see next week.

[Coronita]

Imho… Time to get out of the stock market….

sdrealtor… Thank you thank you thank you thank you… You saved my butt. If it was for you, I wouldn’t have started leaving the markets 3 weeks prior…..And woulda have been looking at a lot more red this morning….

[The-Shoveler]

QID and TVIX working for me today.
Half out this morning on both those.

IRAN and Europe doing damage to the market.

Me I think housing and everything is going to flop we get above 5 dollars a gallon, Time will tell.

[Coronita]

[quote=Nor-LA-SD-GUY2]QID and TVIX working for me today.
Half out this morning on both those.

IRAN and Europe doing damage to the market.

Me I think housing and everything is going to flop we get above 5 dollars a gallon, Time will tell.[/quote]

Geeze well, housing may crumble now, because I just moved some into housing…Because I was thinking at this point it’s safer than either stock (which I think will be interesting in the following months), and cash (which will get crushed)… So that will be interesting. I’ll take my first quarter 2012 gain though early…Sell in may and then go away…Except it came two months earlier…maybe…I’m not out completely, but some…

…That and I’m in on sds, shorting PM at 84.50 and shorting Qcom at $63.

[Author]

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