President Obama bought some ice cream at an ice cream shop that uses Square for its payment system. Square, cleverly and smartly, tweeted out this picture of Obama and his daughters buying said ice cream with the Square payment device front and center. A nice ad for Square's merchant services.
Square has a market cap of 3.84 billion right now, supposedly that were worth $6 billion less than a month ago before going public. How popular is Square? How will their loaning money to small businesses work out? Square claims to have the ability to use all the data they collect
Have you heard the story about KBIO's stock...? It's the short squeeze of the year. So KaloBios Pharmaceuticals (KBIO) stock went from around .90 cents to over $45 in a little over a week. That's like a 4,900% increase. Just amazing. Is there anyone who bought at around .90 and has held on this long to the stock....? I doubt it, but just wow. Amazing. Oh, by the way, does Martin Shkreli look like a James Bond villain
After destroying those who were shorting KaloBios Pharmaceuticals
, Martin Shkreli is now shorting biotech stock Vital Therapies...do you run for the hills if you're long the stock or stay in the stock? Vital Therapies briefly shot down lower but has since regained its footing a bit and it in the green...will this to turn out to be an epic short squeeze?
If you were long the stock of KaloBios Pharmaceuticals
this past week, you love Martin Shkreli. You are maybe even bowing down in front of Shkreli's picture as you Duck Tales like play in your pile of money. You might even be crying tears of joy.
If you were short the stock of KaloBios Pharmaceuticals this past week, its stock ticker being KBIO, you might think he's a James Bond villain, one who Shkreli happens to look a lot like, Mads Mikkelsen, who starred in the James Bond film Casino Royale. This Bond villain was called Dominic Greene, and he's
Does former Twitter CEO Dick Costolo still own Twitter shares? Yes, Dick Costolo is still very much long Twitter's stock and believes in the company and new CEO Jack Dorsey. Costello said: "A vast majority of my personal and family's net worth is in Twitter stock."
His thoughts on the stock and how much he holds come at the very end of the video below.
WAPNER: YOU STILL HOLDING A FAIR AMOUNT OF TWITTER SHARES?
COSTOLO: YES, SIGNIFICANT.
WAPNER: HAVEN'T SOLD ANY SINCE YOU LEFT?
COSTOLO: I AM – THE VAST MAJORITY OF MY PERSONAL AND FAMILIES NET WORTH IS IN TWITTER STOCK.
Does Donald Trump know that Macy's is still selling his daughter's line of clothing and shoes....?
Trump has tweeted a couple times how he's so happy that Macy's stock
has been getting crushed lately, down 40% this year.
But Ivanka Trump still sells her line of shoes, jackets, handbags, and dresses at Macy's. Here's a link to some of the Ivanka Trump items you can still buy at Macy's.
Looks like most of the stuff is on sale....
How is Ivanka Trump's line selling at Macy's right now, are women buying her clothes...? Doesn't Trump want his daughter's line
Money doesn't always have to change hands when insider trading takes place. Perhaps there's even a trading over information in the future. I'll give you this stock tip if you give me one down the road. Or, for new traders just starting out at a company, they might just be seeking a promotion or to gain trust, ironically:
For Bharara, this was a devastating repudiation. But, to anyone who is at all acquainted with the anthropology of the contemporary hedge fund, it also represented, unmistakably, a license to cheat. Company insiders share tips for many reasons, not just financial compensation: the
So Bernie Sanders doesn't think much of Wall Street...Sanders didn't pull any punches on the Democratic debate stage when he said: "The business model of Wall Street is fraud."
But if Sanders really thinks and believes that, then what good is Wall Street or valuable about the stock market if it's model is fraudulent.....? And if Wall Street is all about fraud, what's going to replace it? It's also not the first time he's said this about Wall Street, he's said it in interviews and on the campaign trail. Sanders went on to took a shot at Goldman Sachs and
Why is Marc Andreessen selling so many Facebook shares? Andreessen, long time Facebook investor, has been selling a lot of his Facebook shares recently. Actually, Andreeseen has been selling a ton of Facebook stock. Who can blame him though, what with Facebook well over $100 a share. That might just be it, the stock has run up so much that it's time to take a little off the table...
Sure, I believe these were planned stock sales but you've got to say it's some nice timely trading by Andreeseen. Not sure, but he must have been able to cancel these stock
Venture capitalist and now Shark Tank judge/investor Chris Sacca has been a very vocal Twitter shareholder of late, and not too long ago he went after those who were shorting the stock.
So far, those shorting Twitter's stock have been right, and Chris Sacca has been quite wrong. Time will tell, but still looks like Twitter's stock won't be soaring higher anytime soon and putting a short squeeze on the shorts like Sacca hopes. When investing in the stock market, it's usually never good to taunt or ridicule one side of a trade, it always seems to come back and