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re: More carnage in the stock market on Monday?

Posted on 2/5/18 at 9:29 am to
Posted by Omada
Member since Jun 2015
695 posts
Posted on 2/5/18 at 9:29 am to
quote:

Middle schoolers have been using Apple products for years and their stock hasn’t peaked. Or did I totally misunderstand all that?

Middle schoolers refers to the meme economy story. My friend said that a meme had peaked once it had caught on with middle schoolers. I don't know why they're the peak audience, but I'm not a 'meme economist' like he is.

So think of middle schoolers, shoeshine boys, and bus people as people late to the party.
Posted by stout
Smoking Crack with Hunter Biden
Member since Sep 2006
167600 posts
Posted on 2/5/18 at 9:37 am to
It's still early but it looks like the market is trying to shake it off.

I made 15% on some PayPal calls I just sold so far. Usually I would have been greedier and waited.
Posted by YoungManOldMan
Member since Dec 2017
1882 posts
Posted on 2/5/18 at 9:38 am to
I understand what you're getting at but when a company doubles its expected earnings and still drops 10%, there is still some bad juju associated for something that should have been a slam dunk.
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