Matt Drudge Says Facebook’s Stock Will Crash

Jan 27, 2016
J. Webster
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Facebook just had an amazing quarter, with the stock shooting past $105 a share in the after hours, but Matt Drudge of "The Drudge Report" thinks Facebook's stock will crash hard and it will be "horrific". Drudge usually deletes his tweets so posted the picture of the tweet and the text below. I wonder if Drudge knows that Facebook owns Instagram, WhatsApp and is getting into virtual reality soon via the Oculus VR? "FACEBOOK made $1.62B in profit yet company is worth $275B?! $40 for every human on Earth! Crash will be so horrific"

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Twitter Is One of the Most Revolutionary Companies of the Century

Jan 26, 2016
J. Webster
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CEO Ted Bailey of Dataminr thinks highly of Twitter, despite all the hate that's been poured on the service and the stock. For Bailey, as far as real-time information goes, there's nothing better than Twitter and he thinks all if its problems have been overblown. Here's where he talks about Twitter in an interview with TechCrunch:
TechCrunch: It sounds like you’re very reliant on Twitter. Ted Bailey: Twitter has been incredibly pervasive on the real-time front. There are many companies, many social platforms, that have a lot of interesting information in them— TC: But no one is racing to Facebook to

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Who’s the Guy with the Purple Fur Coat at Davos?

Jan 21, 2016
J. Webster
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So every year at Davos there's someone who just wears that fur hat or coat or jacket that just tops them all....this year it's the Nigerian petrol minister. Even though oil prices might be down at historic levels, it's still making countries rich and, certainly it seems, for those who control the oil. Oh yeah, those are some nice sunglasses he's wearing along with that purple fur coat. His name is Emmanuel Ibe Kachikwu. When in Davos you wear the purple fur coat, where else can you get away with it...

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Wall Street Tweet of the Week: Todd Harrison

Jan 14, 2016
J. Webster
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With the sell off in the stock market speeding up, this tweet by Todd Harrison seemed timely and very true. There's no reason to buy more stock on margin when there's no telling when the stock will stop going down. You don't won't to get into a position where you are forced to sell stock. Keep some cash for when the stock market really sells off - there's blood in the streets, as Warren Buffett likes to say. Sure, it might be time to buy some stocks that are extremely beaten down but don't use up all your options, keep

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Here’s the One Year Chart for DWTI

Jan 12, 2016
J. Webster
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What's DWTI? Who's buying it? Oh, DWTI is just short the price of oil with three times leverage. It looks like the ETF was created about three years ago. I wonder who was behind its creation...? I guess they saw something. I guess they were quite smart. Now though, who has the guts to stay short oil three times when it's near $30 a barrel... You doubled your money if you bought DWTI last year. Sort of reminds me of the movie or book The Big Short, where they had to get those credit default swaps created before they could bet

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Recent IPOs Not Looking So Good

Jan 11, 2016
J. Webster
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So there's a host of recent IPOs that aren't looking so good, actually all their stocks are close to going below their IPO price. Let's hope you sold some shares in these companies prior to their collapse if you bought on the IPO. Remember when Twitter's stock was near $70 a share and Shak Shak stock almost to $90? Yeah, crazy. The stocks of Etsy, Fitbit, GoPro, Lending Club, Shak Shak and Twitter have all sunk in recent months. Is it time to buy the stocks or are they going to go lower? Who knows, but I'd have to say some

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Guy Who Ate Chipotle Everyday Buying Stock…

Jan 9, 2016
J. Webster
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After 186 straight day eating at Chipotle, Andrew Hawryluk has stopped. Not because of the E. Coli scare or anything. Not because he's just sick of eating burritos day after day. Hawryluk has stopped eating Chipotle because it's just not funny anymore. What he's thinking about now, which would be interesting to follow along with, is buying the stock in Chipotle. Due to the E. Coli scare Chipotle's stock (CMG) has gone from around $750 a share to nearly $400. Yes, the stock has been crushed. Buying the stock doesn't seem like a bad idea to consider....
Hawryluk said he has

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President Obama Wearing a Fitbit Surge

Dec 28, 2015
J. Webster
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So what is President Obama wearing on his wrist? What kind of watch is that? Is it an Apple Watch? No, it's actually a Fitbit Surge. Can hackers hack into a Fitbit device...? I hope not. But to get to the point, if the President of the United States is using and wearing a Fitbit, does that mean the stock is a buy? Does it mean that more people are going to try wearing a Fitbit...? Who knows. Obama's still using a Blackberry, mainly for security reasons, but it certainly hasn't meant that everyone is using a Blackberry, just look

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FitBit’s the Top Free App, Is the Stock a Buy?

Dec 26, 2015
J. Webster
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Should you buy FitBit's stock? It looks like a lot of people got FitBit's for Christmas. The stock has been beaten down, is it time to buy it? There's been talk, by Jim Cramer for one, of Apple buying FitBit, which would be amazing and also unlikely to me since they're still trying to perfect the Apple Watch - which will become a fitness tracker and health band too, right... Just in my daily goings and comings around town I've seen a lot of people wearing FitBit bands and talking about how many steps they need for the day and so

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GoPro CEO Nick Woodman Buys Yacht

Dec 23, 2015
J. Webster
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It's all fine and well if GoPro CEO Nick Woodman wants to use his money to buy a 180-foot yacht from Dutch yacht-builders Amels, but doesn't it take some gall to buy the yacht when GoPro's stock is getting crushed. What about those shareholders who bought shares of GoPro when over $80 a share? The stock trades for $18 now and has a market capitalization of $2.5 billion. Is it a sign that Woodman believes GoPro's stock is at or near a bottom? Is it a sign that the company can grow once again? I say this because

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