That's kind of what I got out of that article too. The $11.3B valuation they've put it at actually represents a loss to some of the investors.Ragoo said:i feel like Pinterest missed a bigger opportunity 3-5 years ago. IG stories are more popular.IrishTxAggie said:
You people with wives: what kind of feel do you/they have for Pinterest?
https://www.nytimes.com/2019/04/07/technology/pinterest-ipo.html
Hope so...I bought back all the Friday 82 cent sales at 60-61 cents.gougler08 said:
QCOM looked like it V bottomed a few minutes ago with a nice red/green V
Ragoo said:i feel like Pinterest missed a bigger opportunity 3-5 years ago. IG stories are more popular.IrishTxAggie said:
You people with wives: what kind of feel do you/they have for Pinterest?
https://www.nytimes.com/2019/04/07/technology/pinterest-ipo.html
Already sold all the calls. Holding onto all the shares at this point.AgShaun00 said:
what are you looking at for an exit on GG?
oldarmy1 said:
CX
Needs more chart to form. That could be a cliff or a basing. Not a trade for me.leoj said:
What is NKE looking like right now?
reason?badharambe said:
Well..... I started a PDD position today. I see 30$ (+$8) in a few months time with possible downside risk of 1.5$.
You thinking that chart set up is a red/green start? Might be. Maybe some cheap options to see if it isbadharambe said:
Well..... I started a PDD position today. I see 30$ (+$8) in a few months time with possible downside risk of 1.5$.
Quote:
Shares of General Electric Co. took a dive Monday, after the analyst that called the industrial conglomerate's downfall, then helped mark a bottom in December, got back to being bearish, citing Wall Street's overly optimistic view on free cash flow.
The stock GE, -6.49% tumbled 7.1% to $9.30 on heavy volume in afternoon trade, enough to pace declines in its industrial peers and the S&P 500 index. The stock has fallen below its 50-day moving average, which many chart watchers view as a short-term trend tracker, to set a bearish technical tone for the first time since it rose above that line in early January.
Quote:
With the stock soaring 55% since Tusa's upgrade through Friday, he said analysts are "significantly over projecting" the recovery in free cash flow in the coming years. Over the same time, the SPDR Industrial Select Sector exchange-traded fund XLI, -0.66% had climbed 13% and the S&P 500 index SPX, -0.03% had gained 9.1%.
Quote:
Tusa said that while he currently calculates free cash flow at zero, he believes GE's power and renewables business will remain weak, the capital services business will likely continue to consume cash for the foreseeable future, the aviation businesses fundamentals are "weaker than meet the eye" and high leverage relative to its peers leaves the company vulnerable to liquidity issues.
He said his upgrade in December was driven by a recognition that sentiment had soured enough to appropriately reflect how challenging the situation at GE really is.
"We had expected a 'reset,' with the stock moving lower for a period of time, potentially an opportunity," Tusa wrote in a note to clients. "What we got was another optimistic narrative, with enough positive to allow for the bull case to continue to run well head of a mathematically grounded view," that came with guidance from GE that the company called a "reset," though with a myriad of adjustments.
oldarmy1 said:
$199.99
It keeps moving slightly higher on waves but rounded tops take it back down. If markets hit all time highs it could really run. But look at the repeating pattern and judge for yourself.2percent said:
OA,
I have been sitting long in FB since Jan. is there anything left on the table there.