4 replies to this topic

[ogm]

OK, FB ... multibillion aquisitions without any coherent strategy remind me of 2000, if anyone remembers those days. Most of them will be written off as a loss a year or two from now. Sheryl Sandberg sold all her shares. Overinflated non-gaap profit numbers. CFO who was doing the financial engineering is leaving. Peaking user growth ... with so many users there is nowhere for new users to come from. Growth in US users was only mil this quarter. And more importantly, until AAPL came out with earnings yesterday FB couldn't even turn green on the day based on its own numbers. The tape after the close was rotten. And I'll go with that hunch. Its just a trade. ISRG ... Ouch for the bulls. The company is a disaster. Management has refused to provide guidance on the conference call other then the growth in procedures will come in much worse then expected. Hospitals spending patterns have been affected by Obama care, and the negative publicity around robotic surgery and FDA warnings will suppress their spending on new machines even more. If management has no clue what is going on with their own business... move in for the kill.

[James Quillian]

Good call.

OK, FB ... multibillion aquisitions without any coherent strategy remind me of 2000, if anyone remembers those days. Most of them will be written off as a loss a year or two from now.
Sheryl Sandberg sold all her shares.
Overinflated non-gaap profit numbers. CFO who was doing the financial engineering is leaving.
Peaking user growth ... with so many users there is nowhere for new users to come from. Growth in US users was only mil this quarter.

And more importantly, until AAPL came out with earnings yesterday FB couldn't even turn green on the day based on its own numbers.
The tape after the close was rotten. And I'll go with that hunch. Its just a trade.


ISRG ... Ouch for the bulls. The company is a disaster. Management has refused to provide guidance on the conference call other then the growth in procedures will come in much worse then expected.
Hospitals spending patterns have been affected by Obama care, and the negative publicity around robotic surgery and FDA warnings will suppress their spending on new machines even more.
If management has no clue what is going on with their own business... move in for the kill.

[ogm]

Good call.

Thanks

[CLK]

Daily buy setup on FB here, doesn't get much better .

[ogm]

Daily buy setup on FB here, doesn't get much better .

So much hoopla and the stock sank like a rock from the opening gap up. And keeps drifting down after the close.
Can't get much better Still short.