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By:
polybot
When: 06 Jun 12 11:37
First of all, calm down and try to relax. You're having another one of your episodes.
Your name isn't Benny, or Menelaus, you're not really the king of the Spartans, you don't own any kind of a home or car, there's no way you could raise money to buy facebook, or any other company, and you never have in the past. The bank isn't calling you, it's just your imagination so relax and take it easy, and you don't have a job at McDonalds, or any kind of a job so don't worry about that either.
You'll feel much better after a lie down.
By:
Menelaus
When: 26 Jul 12 07:17
Trading 27ish after hours

When do we hit $100 benny the clown, later on today, end of the week, certainly no later the end of the month?

The fire hydrant at the end of the cul de sac where I live knew enough not to touch Facebook. This mug didn't............LMFAO.
By:
Menelaus
When: 26 Jul 12 21:05
$26ish

Do we hit $25 before $100 benny the clown? You never mentioned that part.

Wink
By:
Whippet
When: 26 Jul 12 22:22
is it time to short AMZN yet?

I really don't understand how this keeps going up. It has some ridiculous PE and only made $7m this quarter, yet is somehow valued at $100bn? Can't be long before the inevitable collapse imo.
By:
Menelaus
When: 27 Jul 12 09:21
You still don't get it my little friend on his knees and an esteemed member of the halfwit cartel.

The market is broken. It is now nothing more than a covert (sometimes blatantly overt) manipulated bank recapitalization scheme orchestrated by the CBs.

Assets are no longer priced based on cash-flow and earnings. Valuations based on economic fundamentals are no longer valid. Accounting rules have been changed to hide insolvency. In other words, the world you are used to trade your bubble gum wrappers in has changed while you were asleep.

When the CBs are handing out free money to their cartel members to buy equities, who gives a flying feck if a company (like Amazon) is even making money with a 260 plus P/E. And what a better chance to squeeze some profits from retail investors, hedge funds, wealth funds and pension funds who are naive enough to still look at P/E ratios and take the other side (short) of the trade in a dog of a company. Free money for the banks means free profit for the banks. And in case the risk backfires, who cares, there's more fiat created out of thin air ready to bail them out......at your expense.

Yes, while I have no doubt gravity always asserts itself in the end, it's your definition of "inevitable" that can lead you to the poor house…………..but on the other hand I highly suspect you are already there.

So instead of wasting your time trying to time going short amazon, just buy a solid company like facebook and wait. Haven't you heard, it's going to $100. Devil
By:
Mrben
When: 28 Jul 12 03:44
this has been a tremendous call by whippet.He stated that FB would be virtually worthless and was a great short.

fantastically accurate.
By:
RioGrande
When: 29 Jul 12 21:17
get out now!!!! end is near
By:
xmoneyx
When: 30 Jul 12 14:53
BONO save facebook record being recorded as i type
By:
Menelaus
When: 31 Jul 12 20:26
Get in while there's time. Going to $100 soon, may be even tomorrow.

LaughLaughLaughLaughLaughLaughLaughLaugh
By:
Menelaus
When: 31 Aug 12 15:08
If you're not buying at the $18 handle, you're missing a great opportunity. I've read somewhere that it's going to $100.

Or, you may want to wait until it hits the $17 handle, then the $16...

LaughLaughLaughLaughLaughLaughLaugh

go facebook go
By:
bongo
When: 05 Feb 14 21:27
Some great speculation on this thread - much of which has come up spectacularly wrong. I don't feel so bad now.
Today: Facebook: 61.51
By:
Menelaus
When: 06 Feb 14 09:50
bongo 20 May 12 16:41 
Just want to put in a thank you to Menelaus
Good analysis, and will follow the advice given.



You are welcome, bongo.

You should be happy then if you followed my advice. Shorting close to the IPO price ($27 actually) and closing the trade at around $20 like I did must have made you some money, yes?

You should also thank me for not buying and holding on to this dog, and then having to sit there and watch your money do nothing for an entire 14 months before your investment was finally in the green, when you could simply have bought the broad indices (anyone actually, it doesn't matter, that's what money printing does, it lifts all asset prices) and made a sh1tpile of money during the same period. Which of course you could use to short the overpriced FB right about now again.

You owe me, mate.Wink
By:
Horts
When: 10 Jul 14 11:41
64.97
another 12 months and 100 +
or back to 25 ?
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