“The evidence of a China slowdown which is somewhat worse (perhaps much worse) than what the market was expecting continues to pile up. ”
Comments »Monthly Archives: May 2012
What is $FB Really Worth ?
Currently trading at 60-65x 2013 estimates. Remember the float will double in six months.
Comments »JPMorgan’s Bad Trades May Now total $6-$7 Billion
$JPM did originally disclose it could be as high as $8 billion, but the losses have grown from $2b, then $5, and now sources say $6-$7 billion. Maybe $8billion was a conservative estimate. We will have to wait and see what happens.
Comments »Does Facebook Wreck Marriages? $FB
Hat Tip @HCPG on Twitter for finding this via smartmoney.com
By Quentin Fottrell
Facebook CEO Mark Zuckerberg changed his status to “married” Saturday and received over one million “likes” from his followers. But the site he founded isn’t always so marriage-friendly. In fact, lawyers say the social network contributes to an increasing number of marriage breakups.
More than a third of divorce filings last year contained the word Facebook, according to a survey by Divorce Online, a UK-based legal services firm.
Comments »Refinery Stocks Are Racing to the Upside
Today’s Top Performing ETFs
Today’s Biggest Winners
FLASH: Social Media Names Have Reversed and Are Now Exploding to the Upside
Hybrid Movers
Here’s a look at this morning’s hybrid movers, click here for charts.
Comments »Industry Breadth
European Markets Are in Full Retard to the Upside Mode
FLASH: $JPM SUSPENDS SHARE BUYBACK
The stock is down 0.9% on the news.
Comments »Heat Map and A/D Lines
FLASH: Social Media Stocks Ravaged, Amidst $FB Debacle
Real Money in the Garbage
David Rosenberg: Many Over 65 Can’t Afford to Retire
NASDAQ May Face a $100-$200 Million Hickey From Botched $FB Trades
Investors are demanding their money back after the NASDAQ botched the opening of the Facebook IPO.
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FACEBOOK IS NOW IN CRASH MODE $FB
The underwriters are getting obliterated. FB is now down more than $4 or 11% at $34.
Comments »FLASH: $FB Down 10.4% to $34.25
The entire social media sector is on fire…GRPN -4%, LNKD -5%, YELP -5%, ZNGA – 7%, SVVC -7%, GSVC -10%,
Comments »Barclays Will Sell a $6.1 Billion Stake in BlackRock, $BLK
“LONDON (Reuters) – British bank Barclays is selling its near-20 percent stake in U.S. asset manager BlackRock, worth $6.1 billion, as tougher global regulations have cut the attraction of such holdings.
Barclays has held the stake for almost three years, a legacy of BlackRock’s $13.5 billion purchase of Barclays Global Investors, but Basel III regulations mean banks have to hold more capital against minority stakes in asset managers and other firms, making it less profitable.”
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