sickofthebull

Why Today Could Suck for Tech

Sour grapes maybe? Seems that whomever doesn't own G expects (or hopes) it to fail. However, they are not to be underestimated. Their entire vision and outlook is unique and innovative.. they define their category, they're even a verb! Companies like that don't just dry up and blow away without tapping on their inherent talents in order to imagine, and then innovate the next out of sight concept. Ordinary thinkers are only able to expound upon what has already been conceived, and ordinary thinkers are only able to see as far as what is already known. Google is in neither of those categories, and for those reasons, they will always surprise and surpass any prior expectations. The lagging "value" of their stock is in no way relational to the value of their comapny. I would hardly count them out, even when their numbers have fallen due to market pressures and panic in the herds who listen to pundits' who are also a herd unto their own. Forward thinkers have been given no reason to walk away from Google.

The Cramer Crash?

Granted.. Cramer is in the know. However, the network does nothing to edit him, and that disclaimer serves no purpose because novice investors only want to run right to their portfolios and do exactly as he says.. in a way, it's rather irresponsible all around, because the guy has such a huge impact on fans that the market is absolutely impacted in whatever way his comments lead sheepey ignorant investors. This may not be his fault, but the powers that be are well aware of the Cramer effect.. in fact, even the government eventually follows his suggestion. It bothers me because those of us who can listn and still use our own sensibilities are made to suffer because of the irrefutable impact of his remarks. And whether unwittingly or not, he practically has the power to manipulate the markets, in many cases, by who he chooses as guests and his remarks to callers. I am gobsmacked at the ignorance of a television station, which very well knows this dynamic exists, and continues to position themselves as responsible objective reporters when this phenomenon is plain as the predictable rallies and sell offs which he is continually allowed to precipitates. It's sickening, really. And for what?? So he can claim to have known it would all play out just as he said? Well of COURSE!! Unfortunately, this is no joke.. peoples' savings and retirements are involved. I watched in horror as he made swipes at Wamu every night until they were finally raped by the FDIC, and now he uses his platform to tell what the FDIC should do? But the morning the killed Wamu, they were his hero.. but now they're messing with his Bob Stelle. This is outrageous, and it's as if we can do nothing but watch it all play out while our investments deflate before our eyes and he waits for his next pat on the back. Sick!

Did the FDIC Sabotage WaMu's Management and Erode Investor Confidence?

what do we do? how do we band together and attempt to overturn this debacle, which was obviously orchestrated in order to be a fait accompli prior to the govt bail out? I too, am outraged by the "nanny nanny foo foo" attitudes of those who say investors "deserve" to lose their money for being speculators?!! Everyone who owns any kind of stock, invests in a mutual fund or 401K is a speculator.. perhaps they can afford to be smug because THEIR investment is YET to be wiped out? WM was beat down by the likes of Cramer and CNBC. I am appaled at the overt and blatant destruction of WM by outside forces. They certainly could have hung on for one more day, and been allowed to heal themselves courtesy of all of us snookered tax payers who will now line the coffers of the likes of commie JPM and the other fortress banks. I feel gagged and hand tied, and desparately believe it is time for people with principles to strap on a set and take this s**t on!