11 Before I went to bed last night/this morning I thought we were going to rip for sure. Asia was all up, Europe was looking to rip, there were rumors of China offering QE and the Greeks looked to be removing their heads from their asses in the exit polls. This however did not happen, is the DOW still up? Why yes it is, but because of the filthy whore that is FB, my longs in YELP and ZNGA continue to get pummeled. How long can this last? I posted an article this weekend that states:
The dollar is proving scarce, even after the Federal Reserve flooded the financial system with an extra $2.3 trillion, as the amount of the highest-quality assets available worldwide shrinks.
If this is true, and most investors around the world are looking to invest in US dollars and treasuries, why not release QE3? I understand the long term implications, but if the supply was increased by $2.3 trillion, yet the demand is greater, why not increase the supply in order to reach market equilibrium? Econ 101.
With the huge demand for treasuries and dollars, why not have a few extra treasury auctions and release more of the strongest currency in the world? I am nothing but a lowly 27 year old small time money manager, but managing risk while creating profits is what I do. The current volatility based on global uncertainty is the risk, however, that volatility could be brought down a significant amount if their was excess liquidity brought on by a greater money supply. Companies are not expanding as much as they could be, especially with such low interest rates, low cost of real estate, and need for new jobs. There are people our there that are willing to work hard, there is land to buy, there is innovation to be had. Please “Obi-Ben Bernanke you’re our only hope!”
11 Responses to “At A Loss For Words”
QE Queen
Taking excessive risk and having Uncle Ben bail you out is actually what you do.
Rhino
Less than 10% of my personal account is in YELP and ZNGA, you twit. Furthermore, your name is QE Queen, do you moonlight as a cross dressing Bernanke? I don’t need a bailout, I was simply applying the laws of supply and demand. There’s a site for you zerohedge.com.
QE Queen
You are like a welfare queen and expect someone else to clean up your mistake. What financial metrics did you use when buying YELP ? http://finance.yahoo.com/q/ks?s=YELP+Key+Statistics
Was it the forward of 189? P/S of 10? The lack of earnings? The company has market cap of $1B. You took a risky bet. Welcome to the stock market junior
noodleboy
What is a good deal then?
Rhino
A Fucking welfare queen? I’m an ex-paratrooper motherfucker! YELP, was a correlation play, and no one thought FB was going to implode like that. I don’t take handouts from anyone you fucking half-wit piece of shit. I hope you get ass raped by a fuckin gibbon, then get run over by a Volkswagen bus.
QE Queen
Hope is not a plan.
drbigboss
there are many companies with high valuations that have made people rich. almost any VC deal in fact starts out with a high valuation.
If you have a lack of imagination then that may be an issue but for investors who have true vision then they are not afraid to pay up for planet changing companies who lead their industry.
You know how many 52 week highs traded at crazy valuations then then went on to triple?
= MANY
doesn’t sound like you have any insight into YELP other than some yahoo finance quotes anyway. If you have something useful to say I’d love to hear it otherwise you’re wasting our/your time so best for you to move on to some other site that tolerates idiocy and people who spout uneducated uselessness.
Rhino
Well said boss, especially when risk is managed through position size. Ad hominem attacks are meant for Yahoo’s message boards, not these hallowed halls.
Rhino
By the fucking way, 70% of my personal account and all the securities held in client accounts are all value plays. Think and Ask before you speak you tired old queen.
thetapeguy
With patience and a little dollar cost averaging, Rhino will see unrealized profits as soon as this correction is finished.
Rhino
Thanks dude, the idiot above didn’t realize that I was merely using ZNGA and YELP as a prime example of volatility, and that in this market you never know what is going to happen.