Sometimes you just don’t ask questions, you just eat crow and move on. That is unless you are a shortseller. Than you just dig in and argue and defend and lose money.
I have stayed away from the stock of Microsoft and have been calling it dead. I guess I am/have been wrong. They are on fuego?
I think their accountants adding up Vista sales must have worked at a derivatives hedge fund, but the market believes baby. Don’t fight it. I think the stock is buyable, but will fish elsewhere.
I am happy as my other software stocks should get juiced.
It was a horrible day for one of my faves GSIC, but what does not kill us…
As for Iteractive Brokers…they Kung Pao’d the numbers and are set to rock into all-time highs. Thanks to Cole (Blackstar) pounding the table on this one since it’s Dutch Auction IPO, I have stayed with the stock and been adding recently. Blackstar may be finally adding it to their portfolio tomorrow.
I am sitting in Buddy Media’s new office blogging this. It has the sweetest angled view at Central Park. Awesome.
Disclosure- Long IBKR, GSIC and Buddy Media
Howard, if you’re inclined, you should stop by Newscorp building, not far from CPK… will give you the nickel tour.
fuck i sold IBRK two days ago for some piece of crap…. and a bar tab haha.
I think tech shorts are crusin for a bruisin. Too many new highs and still too many top callers. Kassie and Fleckie are about to learn what an angry bull looks like.
MSFT is up 12% after-hours but IBKR is only up 4%? WTF? IBKR beat both earnings and rev, with rev $89 mil above consensus ($445.1 mil versus $356 mil). REPEAT: $89 MILLION ABOVE CONSENSUS, 25%!!
I must have been spoiled by RIMM, AAPL, but I am disappointed by 4%.
Believe it baby…Coming from a longtime former MSFT hater to recent owner.
Just read your MSFT comments. Like you, I am not so interested in MSFT itself, but for what it means to sector. They now have new currency (stock) to use that other companies could take instead of cash. Good for tech!!