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I think we will see 150 P/E without a thought.
After that... not sure what I am going to do, but using LinkedIn as the topside limit P/E... this could run REALLY far.
A. I hope you do wonderful on your MSLP! ;)
B. "many have the feeling it was an inside job" Could have just as easily been a booger nose genius teenager who did it for the lulz.
Intentional? Possible, but I just don't believe it.
just my .00002 bitcoins:
A world electronic currency is an inevitable direction IMO , but the world just isn't ready yet and I think this latest drama demonstrates it. Governments maybe should be fearful. People, however, perhaps should be a bit fearful as well.
Often times, there has been good reason that regulation and rules have been put into place throughout history in regards to the dollar. The system is not perfect, but it has vetted many problems and more or less we have a monetary system that works.
With all of the technology around us I think about all of the security issues around that and the huge learning curve we have ahead of us. Consider that Google contact to control diabetes that has been in the media lately or the thought that we are going to a society where people will never drive a car (google car)? What happens when someone cracks that and does malicious things? Imagine the viruses of the future where someone releases too much medication or messes with all cars.
Monetary systems are just ripe for that kind of chaos and a deregulated non-central form of currency just screams anarchy IMO. The technology to control that problem without regulation just does not exist and may not ever. Even if it does, it might be some real SkyNet type stuff. Between the script kiddies and the terrorists and the robbers - we are entering a world where one or two people can generate mass chaos. The credit card stuff recently is just a glimpse into what is possible and THIS instance just shows what can be done relatively easily.
No matter your meaning, you have set yourself up to be correct regardless of outcome. Deuceland is coming.
I understand... I am holding out here as I think there will be a quick pop in the near future, but this is a tough one long term. It is almost like they are on the cusp of bringing valuation to investors and there are so many ways it would seem that they could, but just don't deliver.
Then I think about what this stock is and there is just no way with it's price that it would deliver FITX returns. I hear most people talk about 10-15 around here and considering the risk, I am not sure that is all that great. Barring a market plummet (which could happen), maybe the general market tracks another index fund 30% gain.
Investing here to get 30%-100% for what some believe will be a 3-5 year time frame (or what I saw here recently) or a decent prospect at another 30% year with very little risk. It is a tough call IMO and I wish these guys would just push it over the edge of value.
Hopefully, we don't become MSLPD again.
hope you managed to get out. It seems the ball is dropping quick on that one.
Can't win if you don't play.
Have had a very small stake here for quite a while (sold a bunch during the last run up).... exciting to see moves like this!
I agree with the blog post.
Ahh... yes... a 21 year old college senior blogs on MSLP and it is news.
It could just as well be a post here.
Well. I think I made a mistake by selling on earnings and bought back in late last week.
I was using the historical P/E charts for GOOG and AAPL... at 150 P/E for both was around the top. My thought is to use that as the benchmark. With the general irrational exuberance (look at Linked in), I do think it has a lot more potential to run.
The show stopper, IMO, would be a popped tech bubble part deux.
That is pretty awesome....
So, the question I have is if the Ron Paul coin actually backed buy gold or is it a cryptocurrency? If it is a cryptocurrency, how does it speak to the Ron Paulian mantra that the dollar should be backed by something real? Or is it just a self realization that it actually has nothing to do with money and is a speculation. good stuff.
I would imagine there is some serious conflict going on with this one. "I can buy Ron Paul coins... but I cant bury them in my bunker."
Love it.
Very interesting short term high risk play! The whole bitcoin thing just amazes me and how many instamillionaires have been created. These curremncies probably peaked my interest right about the time that the government stepped in on the second life dollar (linden dollars or something like that) as I thought it was absolutely amazing that people were making a living selling "real estate" in a virtual world.
I heard about dogecoin fairly early and thought about trying to set up a mining rig just to see what could happen, but then I figured I am at about capacity with the stuff I have going on. The idea of a meme based currency being taken seriously is very funny.
Then there is Coinye West... lol. These crytocurrencies are crazy - in a good way, but crazy.
I guess I look at the valuation here as something that would be FAIR to compare to linked in and their P/E. 884 P/E on linked in and if you compare it to that, FB has alot of room to move.
Absolutely fair point about AAPL.
I am not saying anything wrong in staying, but there is also nothing wrong with pulling out when you triple your money either.
Genius? Yesterday they spent every single penny they generated in the past 4 quarters.... times 3... on an app that generated AT MAX (if all users pay).... two percent in revenue of the 19 billion valuation and really has no special functionality from what I can tell.
Like I said in early Jan, I thought this should happen, but 19 billion? We will see.
:) sure is.
I struggle with this one .... and my opinion is that it will be looked back on as either an epic win or colossal disaster.
A. A good chunk of the 450 million don't pay. My understanding is that legacy users don't pay and users don't pay for the first year.
B. I guess I am not sure that I have seen that this business has anything all that innovative and has many competitors that pretty much do the exact same thing.
C. Zuck explicitly said they ARE NOT going to monetize this in the near future with ads. IMO, that is very worrisome.
D. Wall street sees that they are spending 19 BILLION and the stock reaches new highs.... again?
I heard whatsapp growing at a million users per day and having those users are great if they pay..... but it will still take a few years to even come close to recouping 19 billion dollars.
For sure I see some positives to this and I am not discounting this valuation completely, but I feel that there is an irrational exuberance around this stock that makes me very edgy about entering again at these levels. The irrational exuberance not only is in FB, but the entire market... just seems to be amplified her.
I sold all of mine after the last earnings and will eye again around 56-58 (if it ever gets there again). Sort of kicking myself at the same time, but I can't complain about tripling my money.
ALL IMO and whether I am right or wrong I hope we all make money!
What are the chances that we see announcements before the Arnold? 7 days away.
I love being right. Never would have I suspected this valuation though. nuts.
What makes you say that?
Man I wish you were wrong.
Well that takes the award for craziest thing I have ever heard on iHub so far.
I hope life has brought you to a place without needles and where you don't have to make decisions like that at all.
Weird stuff can happen in life and we all have our own trials and tribulations... it sounds like you avoided a biggie. Congrats.
It was annoying and that is why I directed my responses at LC. I asked a single line question that was valid and the response from LC was "Your assumption does not add to anything to the discussion. You remove that post." followed up yelling at the moderators to remove my post. It was also accompanied with posts about how I don't learn or take advantage of opportunities around me. My post was not removed, as it was compliant with the ToS. Maybe you didn't see the other half, because this posts were not compliant with ToS. All very silly, but if he is going to work to devalue what I have to say or me personally.....
I have been giving the same amount of respect that had been afforded to me. Most of the time I just ignore the things outside of MSLP that I don't agree with or are long winded from LC, as he does have a communication issue.... but likely a good guy with great points if you can make sense of them. Still... this isn't his board... it is our board. I want to share the space in fair discussion and I may respond to personal attacks.
Just to clarify-
Writer - of dumb silly books. certainly nothing pulitzer worthy...lol.
Real Estate Jr. Mogul - Mogul? no.. I own a few things.
Corporal - lol. not a marine here. Army. I was a low ranking enlisted man.
Father of the year - NO.
Investment consultant - funny. in my mind. I have done well the past few years overall, but we all should have. The market as a whole has done amazing. I do like exchanging ideas and talking about stocks, but like I have said here many times - we might have different strategies. One of the things I am really interested in doing with my new schooling (deeper into technology) is writing stock related applications. I am just as much a consultant as anybody on this board. Although I think I tend to talk in questions that I am looking to have answers for rather than telling anybody that their investments are wrong. I have been told that my strategies are wrong several times... including by you I think. Thats ok. To each their own.
Former employee at best place to work - Still working there for another 22 working days. My current employer has been recognized 3 (either 2 or three) years running by a national organization as one of the top 50 places in the US to work. They actually are pretty awesome. In a few weeks, we are having a "winterfest" where our brew club will be introducing the second company beer (that I brewed) along with a chili contest and winter festivities. I just need to do something else.
Student - Always.
Teacher - I like to think I have knowledge to share. You are a teacher as well, whether you know it or not.
MSLP pro - I don't know. I have been here a long time. I have actively uncovered problems that the company addressed. I may not be a pro, but I do think I know a fair amount about this company.
Samuel Adams understudy - Sam adams is no longer really a micro beer, but man they make some great beer and I really respect them as a company. They are supportive of the craft beer world and go out of their way to be unique among the big dogs.
Do I ever spit in the devil's face? Every dang day. 14 years ago today I was in a war zone. When I got back in August... I literally had nothing except the crap that was in my seabags, a buttload of debt and a mama that loved me. I made a lot of choices and stood my ground on a lot of things since that day to get me where I am at. And while I have a long way to go, I am also dang proud of what I have done and dang proud of taking action to change to who I want to be.
Have I made money here? Yes and no. I have made money here only to lose it... lol. Either here or elsewhere. Aaaaand it has been downhill ever since. :) When I first got here it was right around one of the big spikes and they lured me in. I did well and pulled some off the table. After that, I got caught up in this company and the "investment" I have mentioned here that I am a continual student here. While I would much rather make boatloads of money here, one of the things I think is important about MSLP is that we have seen it go from sub penny to a legit company. IF this thing uplists, this will be one of the few examples in the history of penny stocks that do it. I want to be here to learn. Hopefully this spike will come, but if not, I will take my dollars off the table and do something else with them.
Finally, honestly... I wasn't taking a jab at you and I know you can buy me.
How am I taking a jab at you? I had no idea what LC was saying.
NOT WTWR... WTW Weight Watchers. 27% hit on friday.. whew.
He didn't do it in the 90's because Arnold promised his mentor Joe Weider that he would not compete against him.
I have plenty to learn from watching this stock, and it has been fun and interesting, but my premise for a long win has not changed very much since I have been here. They need to show that they are going to do what they say that they are going to do. Whether obus sells or stays, the fundamental story remains and has remained the same.
I think, however, a few of us have identified a pattern. The pattern has been a good spike early in the year USUALLY followed by news that drops the price. If I remember correctly, usually there is some pretty good hating going on at this bored when going into the Arnold. I still think that we will be seeing something and I think it is going to be tied around the Arnold.. this time for the positive.
Splits accounted for
2011
1/20 42.50
2/1 123.26
2012
3/10 5.19
4/2 31.88
2013
1/25 4.07
2/4 7.90
Other than the obvious pricing funniness.... the pattern, IMO, is there. will it hold for 2014?
I don't take the opportunities that are in front of me? I think the books I have written, the houses I own (well, the bank does I guess) and the schooling I am going back to next month - even though I have a comfortable job (even a beer fridge with Bells Two Hearted in it) I will be quitting to take a risk... all of these things might actually point to me taking advantage of many opportunities around me and being pretty dang good at it.
From the stock perspective, I actually have taken up a new strategy for my FB money that has been fun. Inspired by my TWTR trade... I followed up with S, RAX, CAB and WTWR... bad news bounce plays of household names. RAX didn't turn out well and I am still waiting on WTWR, but the others have made up for it bringing me to the green(such a terrible word). Either FB will get back to my target of 56-58 or I will continue doing this while it works.
Perhaps the difference is that I try and make minimum risk for maximum reward vs betting the entire farm on one are two sub penny or pinky stocks. While both you and JLTG have straight up said multiple times that my strategy is flat out wrong, I tend to believe that people following the all or nothing strategy CAN win and win big, but on the other side of all is nothing.
If I were to put this into the language that you might understand LC:
<4 paragraphs of nonsense>
Chicken toast toast to the eleventeenty B.
You just mad they removed your posts after you were trying to get all mighty up in here. lol. We all live by the ToS and one of the ToS of life is the golden rule, brother. Treat others how you would like to be treated. Barking orders should be left to Drill Sergeants and mad moms, not by people who think they should dictate the opinions of others on iHub.
I do care about what you think a tad more then as the SEC cares about your little complaint..... but the thing is that based on how you write, I am not sure you even are reading or understand the same thing I wrote. A question mark does not mean a statement. I didn't make an assumption... I asked a question. You didn't USE ALL CAPS... but you asserted an order rather than a reasonable request.
Don't worry though... I am done communicating with crazy for a while.
Did you have a bad day. It's ok, man.
Today, if I own 100 shares I have 100 shares of exposure of financial risk to MSLP.... some of that including the risk that goes along with investing in a company being investigated by the SEC.
Tomorrow, if I sell a share, I will have less exposure... 99 shares. I will have reduced my exposure.... including a reduction of the risk that goes along with investing in a company being investigated by the SEC.
My understanding is that he sold some shares... he lessened his exposure. Or did I misunderstand what happened today... which is possible.
There are nefarious things that could happen that would increase his exposure to certain kinds of risks, but I pretty much consider them on the way far edge of being in the realm of possibility. I don't necessarily think they are worth talking about.
This is the investor we are talking about, right?
http://dealbook.nytimes.com/2011/06/04/the-curious-case-of-nelson-obus/
There isn't a basis for this thought? There is no basis to the thought that ANY investor may be hesitant of an SEC investigation? Perhaps it is wrong, but to say there is no basis for the notion that an SEC investigation for a person to question an investment is silly. I doubt it is anything, but I do think it is a fair question.... not only for him, but anybody.
When the SEC investigates, it should raise a red flag for any investor, but perhaps moreso for someone who has had his runins with said investigation.
No conspiracy... just a thought.
ALL IMO
Excuse me? A. It was a question. B. No.
Could it be that obus doesn't want unnecessary sec exposure? Just a thought.