Mind you, there was a financial crisis within this time frame, but iff there's ever evidence that stocks 'take the stairs up and the elevator down', it's this Netflix 5 year chart. After a slow but steady climb up to a 52 week high of $304 per share, Netflix as since dropped to $115 in a matter of months.
How long can the movie streaming service go? That's the big question. Does it become a take out target at a certain price?
Jim Cramer's mid-day take on the stock market, "Stop Trading", changed once Erin Burnett left CNBC.
And now Six in sixty
is just too easy.
The stakes have been raised. Time for the real deal: Ten stocks on a bed of coals in ten seconds. Cramer will answer stock questions while standing on a bed of hot coals as Melissa Lee and Amanda Drury shout stock tickers out at him wearing Jon Stewart masks.
Cramer will also have to balance a jug of water on his head while he stands on the burning coals. If he dumps any of
"I came down here to educate myself," actress Susan Sarandon told CNBC.com
. "It's been really informative and I'll be back (following a trip to Italy). There's a huge void between the rich and the poor in this country." (Ouch, inserting that 'following a trip to Italy' line is kind of low blow, isn't it?)
This video is a bit jittery, so beware, but that's Jeff Cox of CNBC interviewing Sarandon at the protest. Wasn't she in that most recent Wall Street Money Never Sleeps movie?
For some reason they're repeating everything Michael Moore says...and he even seem annoyed with the routine. Where's my mic? Come on people let's get this protest going! No more time for child's play. I'm not here to mess around. I'm a pro.
You've got to respect the protesters though, doing with out and using their own hand signals
and more or less, language.
: Apparently, they aren't allowed any electronic amplification, hence the multi-voice repeat. Tonight, with a big crowd, speakers have to speak in 2-word snippets for the repeat to go out clearly. This
"If you never want to be wrong, then you shouldn’t take a position in a stock. But, unfortunately, that would mean you could never be right either. Money management is putting yourself in the arena and managing your risk along the way. Ultimately, investing is not about getting everything right. It’s just about making more right calls than wrong calls and managing your risk and exposures effectively.
“Winning,” a word popularized by none other than Charlie Sheen this year, is not about calling a bottom or top in the market. The right way to win is to take some risk,
In a scary and painfully frank interview a freaked out BBC interviewer is visibly shaken when stock trader Alessio Rastani predicts that the "Market is Toast." Apparently there is nothing Euro governments can do about the crisis.
"Personally, I've been dreaming of this moment for three years. I go to bed every night and I dream of another recession." That's not all though, he went on to say that, "governments don't rule the world, Goldman Sachs rules the world." And here I was told recently that Satan ruled the world or at least controlled the stock market
Marc Randolph was one of the founders of Netflix along with Reed Hastings and he weighs in on the big change Netflix made recently to focus more on streaming movies online instead of renting DVDs through the mail. Randolph said the move was all about relentless focus by the 'best entrepreneur on the planet'.
When Randolph was CEO the big switch Netflix made was from both selling DVDs and renting them to just renting DVDs. And they were concerned about making that big switch since they made bucket loads of money selling DVDs.
With Netflix shares failing off a cliff, going
A few protesters take a quick break to check their 401Ks and make a few trades within their TD Ameritrade accounts. Turns out they're all buying Goldman Sachs. Yes, they're buying the vampire squid's stock. The stocks is trading under $100 share and was just too much of a steal to pass up, they said.
Plus, Satan controls Wall Street
anyway, so there's not much they can do about it. Don't tell anyone though, OK? We've got to keep this under raps for a while, as you can see, we're trying to run a protest and Occupy Wall Street, not
Goldman has added the public utility holding company Great Plains Energy to their conviction buy list. And with a dividend yield of over 4%, this seems like a good stock to own in this volitile market. However, Goldman gave the stock a price target of $21, and Great Plains closed at over $20 just today.
"The firm sees GXP as a 2013 story, after the next rate case. They said overhangs, including delays in coal shipments, should abate later the year, while above-average weather presents upside to 3Q2011 estimates and cash flows."
As is often the case with the
Everyday Sirius XM radio is one of the most heavily traded stocks in the entire market. Why? Well, it only costs a little over a dollar and a half per share and there are close to 4 billion shares outstanding. That's a lot of liquidity. But it doesn't mean it's a great company to own.
However, there was a little nugget in a Seeking Alpha
column the other day might just move this heavily traded stock tremendously, and that's that Dish Networks, on the prowl for other companies, might just be interested in buying a stock like Sirius.