I am scratching my head these days with all the te
Post# of 97874
I am scratching my head these days with all the tech earnings reports causing huge sell-offs. When did the Nasdaq and Dow start trading like pinksheets? I get why ZNGA crashed, because the CEO is a "suspected" insider fraud (anyone that wants, it looks like there is going to be a class action against him and the directors for their recent share selling, knowing the company was below expectations) and the company can't produce enough revenue. However, FB earnings were better than expected and they still went down. I haven't invested in FB, but obviously it is time to go work for them. Lol, I hear their stock based compensation packages are pretty rich!
It is time for a new CEO at Zynga and Netflix. Maybe the new CEO at Yahoo will prove herself and gain some of the market share back from rival Google. Until then, looks like the tech stocks are going to be a volatile ride, not much different than the OTC markets, just a bit more flush with cash. Time for myself to get on the right side of one of these trades!
I hope everyone had a good day trading. This weeks MVP competition is looking pretty good and I hope folks were and will continue making money off of some of these picks. Let's make tomorrow a green day!
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