i remember amazon at 2100.. thats when i dumped all of mine... getting ready to buy back in
Prognightmare said:
Ya'll remember when NFLX was at $400 and AMZN at $2000, yeah good times.
I remember when NFLX was 390 after killing earnings less than 2 weeks agoIrishTxAggie said:Prognightmare said:
Ya'll remember when NFLX was at $400 and AMZN at $2000, yeah good times.
the fall hurts, fortunately I bought June 2016gougler08 said:I remember when NFLX was 390 after killing earnings less than 2 weeks agoIrishTxAggie said:Prognightmare said:
Ya'll remember when NFLX was at $400 and AMZN at $2000, yeah good times.
Someone knows something or is making a huge bet.Quote:
Morgan Stanley (MS) disclosed last week that its stake in Roku (ROKU) now exceeds 5.3%.
The bank's stake in the maker of TV streaming devices crossed the 5% threshold, triggering the filing with the Securities and Exchange Commission.
Morgan Stanley owns 3.69 million Roku shares as of Oct. 15, which means that it has bought 3.24 million shares since June 30, when it owned only 445,205 shares. The bank is now Roku's fifth-largest shareholder, according to S&P Capital IQ.
Morgan Stanley didn't immediately respond to a request for comment.
Roku has had an up-and-down year but for the year to date, the stock is flat. The company reported strong second-quarter earnings in August. Roku stock was up about 0.6% on Monday, to $52.12 per share.
Read more: Roku Is Getting Big Enough to Be a Buyout Target. Here's Who Might Want It
Earlier this month, we noted that one analyst thinks Roku stock could rebound from a rough October. RBC Capital Markets analyst Mark Mahaney has a $70 price target on the stock, which implies about 33% upside from her
FriscoKid said:
That was a lot of buying at the bottom.
With the threat of more US tariffs, Asia will get slaughtered. I love Trump but he miscalculated this fiasco bigly. One week until the midterms, Fed governors talking more hikes and the market trying to find a bottom, he should have remained quiet for at least one week. IMHOFriscoKid said:
Keep an eye on Asia.
Prognightmare said:With the threat of more US tariffs, Asia will get slaughtered. I love Trump but he miscalculated this fiasco bigly. One week until the midterms, Fed governors talking more hikes and the market trying to find a bottom, he should have remained quiet for at least one week. IMHOFriscoKid said:
Keep an eye on Asia.
SoupNazi2001 said:
This doesn't have anything to do with Trump. The market ignored him for a long time. This has to do with a 341% increase in the S&P over a nine year period and below normal interest rates for the whole time (at zero for 6 of those years with the economy growing strongly). The Fed is finally trying to dial back the excessively lose policy and excessive stimulus and the market is finally reacting to it like an alcoholic in withdrawal.