91–100 of 105 posts
Earlier quoted context omitted.
For a long time, Google had similar monetization challenges. It was only after Adsense that they really started making money. I imagine FB's pricing reflects the expectation that they'll find a way to make serious cash, although I'm not overly optimistic on that front.
Yeah, but FB is not making good money even after they started posting ads.
Earlier quoted context omitted.
Didn't JPMorgan Chase just lose $3 billion? Seems like they're still a little too good at taking on risk.
And it's important to remember that $3bn is a fraction of one quarters profit at JPMorgan Chase. A lot of people could thusly call that perfectly acceptable risk.
Earlier quoted context omitted.
And it's important to remember that $3bn is a fraction of one quarters profit at JPMorgan Chase. A lot of people could thusly call that perfectly acceptable risk.
One half of quarterly profits is a pretty big fraction. Exec resignations & the CEO apologizing doesn't sound like a lot of people are very accepting of the risks taken.
It's a big fraction, but it's just one quarters profits. It's not the destabalizing, company-breaking amount of money some people make it out to be.
JPMorgan has over a trillion dollars in assets on its books. The chicken-little nature of this has been a little silly I think.
So what about the cancel/change orders being stuck in limbo the entire day? I was unable sell $fb because of this. Tried to dump them at 41.50, but because one cannot "trade with oneself" I couldn't. Heads should be rolling at Nasdaq by now...
So what about the cancel/change orders being stuck in limbo the entire day? I was unable sell $fb because of this. Tried to dump them at 41.50, but because one cannot "trade with oneself" I couldn't. Heads should be rolling at Nasdaq by now...
Earlier quoted context omitted.
One half of quarterly profits is a pretty big fraction. Exec resignations & the CEO apologizing doesn't sound like a lot of people are very accepting of the risks taken.
Days after the story broke shareholders had an opportunity to replace Dimon as the chairman and reducing his comp package -- leaving him with the CEO title. They overwhelming voted not to. It's a big fraction, but it's just one quarters profits. It's not the destabalizing, company-breaking amount of money some people make it out to be. JPMorgan has over a trillion dollars in assets on its books. The chicken-little na…
JPMorgan is not out of the woods, they have to unwind their positions to an unfriendly market. This ordeal may also make them more risk adverse, but possibly less profitable in the short-term. Less profits, more losses, isn't going to make people very happy.
I don't think it's the end of JPMorgan, but acting like they have $3 - $5 billion in the couch cushions doesn't sound very rational either.
I'm glad about this. If we had trading that quickly doubled or tripled the market cap then that may well be evidence of unsustainably high valuations (I hesitate to use the word "bubble" [1] as it's largely a baseless pejorative at this point). That being said, some say this is evidence of FB being fairly priced. I disagree on two points: 1. Pre-IPO investors expect an immediate return. Investment banks ("IBs") under…
Edit: I would summarize the post, but I would then spoil some of the drama of reading it as written.
The after-hours charts are interesting. The stock price is bouncing around the $38.23 range (+/- $0.03), but even marketwatch.com is showing some jumps up to the $40 range.