- Zynga is up 7.5% because they announced a press conference.
- Barton Biggs just announced that he is 90% long.
- Goldman and Citigroup put out reports today related to new eras in investing
- LinkedIn is up 9% on a Goldman upgrade. Goldman put a $135 price target on LinkedIn on $1 in 2013 earnings. The $1 in earnings ignores stock option grants.
- Apple goes up $10 a day as investors pile into call options.
I know. I just don't get it.
7 comments:
I think the $135 price target was on LNKD, not ZNGA.
Thanks. You are correct. i just corrected it.
You just don't get it. CRM negative earnings but adjusted "1999 style" throw out anything bad earnings will be 2.50. Shares are undervalued... sarcasm off
If this is a new bull market than we should see a 5 to 7% correction in near term, but if this is a final move up in a bear market than i see this rally continue until S&P come close to 1600. So this could go up until Fall.
I dont think we will go until the Fall without a correction. Even if we avoid one now we probably get one in late April/May.
I think you want the word "reeks", instead of "wreaks". It does have good Freudian slip value though.
Thank you. You are correct. I will make the change.
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