Yahoo! Hello, is there anyone there at all?

by,

Suzanne Coleman

Just a quick note to anyone over at yahoo.com.  Are you aware that your financial charts are not only still not working, but now they are even worse than the last time I reported on it?  Now quotes are not updating for real time and charts and graphs are not displaying the correct current information.

In addition, for several days, e-mail accounts have been problematic, not allowing access to information without a long delay and other issues.  I thought we were passed all of that, but I guess you still haven’t figured out how to roll out changes without disrupting service to your customers.

And the 12 month quote for Baidu is STILL in Chinese currency.  Seriously…

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YY reports it doubled revenues this quarter

by,

Suzanne Coleman

YY is China’s online social networking, gaming and music platform, similar to our facebook (FB), but with more features and it monetizes user activity as well.  YY just reported great earnings with an increase of approximately 100% year over year.  This stock just may do very well in your portfolio and I recommend that you check it out.

I’ll have you do your own research but its current price (before earnings) was about half of its estimated 12 month price.  Now that earnings are in, I would think that that 12 month estimate may increase.

I would keep in mind that for some reason this well-perfoming company has a bit of an erratic stock price history.  Also, factor in the unknowns about investing in a company in China.

This stock reminds me of Yahoo! (YHOO) back in 1996.  Time will tell the tale.

 

Yahoo! Finance charts, unreliable

the UGH

by,

One Frustrated American

 

When will Yahoo! ever get its act together again?  I mean, it’s been years now of messed up e-mail, finance, and news sections.  I wish I got paid $100 million to manage a company that badly.  Seriously, that would NEVER happen under my watch.  If you’re hiring, call me.

For the last few days Yahoo!’s financial charts have been showing highly inaccurate after-hours data.  Either not updating as trades occur, or for the past two days, showing numbers that are off by 10%.  I mean, learn your decimals programmers!

And not only do they fail to properly program their functions, they don’t test them, and they refuse to take customer feedback.  Like Hello!  Stupid, just plain stupid.  The best way to know your product is to LISTEN to your customers, not ignore them or send them around in circles so that you don’t have to listen to their complaints about the problems with your product.  I mean, where am I?  What country is this now?  Geez.  I guess their board of directors is only concerned with the stock price.  That will be interesting to follow if and when the market does deflate…

It would be nice to be able to rely on one of the big internet companies we have here in the United States these days.  They’ve only had, what, like 20 years to get their act together?  Yeah… again, hire me…

Yahoo! is not alone in this.  E-Trade has problems with its website too, and they don’t make corrections after they are given direct, specific feedback on the issues.  Not a good sign.  They are overdue for hiring an analytical consultant, like me.  Call me, and watch your value grow.

Who do you use for your info and have you found them to be reliable?  Let us know in the comments section below.  It’s kind of a big deal, you know?

 

 

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Reasonability

If you keep playing with that, you're going to get hurt. © Suzanne Coleman, all rights reserved.

If you keep playing with that, you’re going to get hurt.
© Suzanne Coleman, all rights reserved.

by,

Suzanne Coleman

Is that even a word?  I have been wanting to ask the stock trading community this:  what is reasonable, and what is not?  Let’s talk PE.

I started trading during the “birth” of the internet, basically when companies that utilized it for profit were being born and growing, and the computer industry came along with them hand-in-hand.

At this time, people were piling into technology stocks, why wouldn’t you, when all they do is keep going up?  PEs were insane, or that’s what the older generation told me.  They were normal to me 🙂  I was told that a good, stable company should have a PE of 7 or 8, and a high-growth company might be safe at a PE of 15.  Hmm…

Well, in the internet days, a good stable, safe company would have a PE of 30.  An insane company that everyone wanted to own (was it cool like an iPhone?) might have a PE of over 100, up to, gosh I can’t even remember for sure, but probably up to 500-700.  Yeah, like I said, it was insane.

So now, almost 20 years later, I am looking at stocks again, some of the very same stocks I watched or owned back then, and trying to adjust to today’s market psychology and culture.  It’s hard.  Here is why.

Let’s start with a biggie, Amazon (AMZN), wow.  Well, I had that sucker for a really long time, I believed in it, I thought this damn company has a great idea, it will change the world.  Well, it did…  But its stock price fell along with many other great stocks during the “hell freezes over” period of my investment history.  That was in the early 2000s if I recall correctly.  So, I was holding on to it, it was once maybe $350 or so, and then came down to maybe $84.  Finally I decided to sell it, I was being too LOYAL (big issue to avoid), holding on to it, hoping it would eventually return to its glory days.  Well, then, of course, it did rise back up after years of just sitting there like a lump on a log (while I waited), and now it’s back up to over 300, and has even been at 400.  Wow.  If only we could predict these things…

So here’s the rub, AMZN is now at 310 with a PE of… ok, I guess they are now losing money so the PE is not listed.  Not too long ago, it was in the hundreds, maybe like 600?  My question to you all, is this, why would you continue to buy up a stock that is seriously over-valued?  I mean, you could lose almost all of your money if it drops down to where it should be.  It seems a bit like drug-induced insanity to me… what am I missing?  Have I gotten too old for this?

Then on the opposite side of the insane spectrum, let’s look at Apple (APPL).  They just reported earnings that were 38% over expectations.  No big deal, right?  Because we all know that Apple has a great history of blowing away even the highest of earnings expectations.  Are we nuts?  Maybe.  Their PE before this data was factored in was about 17.  Pretty reasonable for a company that is still growing and spreading into places like China, with over a billion tech-hungry citizens.  Why not buy Apple?  I’m not sure when Apple became this generation’s IBM, but that’s what it looks like has happened.  Almost no activity on the earnings news, or before it.  Odd.  The 12-month target will be revised upward and the stock price will go up with it.  So, you would think there would be buying now.  Maybe they are expecting a dip tomorrow or this week.  Maybe they fear… any of many things which may impact this activity.  But if you conclude it’s an overall conservatism, it is not.  See… Netflix (NFLX).

Netflix also reported better than expected earnings, just a few days ago (and I really should have bought it when I thought about it at 380, damn…) and is since up over 20%.  Their PE is over 100.  Hmm…  yes, they are also expanding into areas around the world, which is smart, but to buy in at a PE of 100 or more, isn’t really that smart.  I wonder if the “reason” that people do this is that they think it’ll (like Amazon and Yahoo! used to) keep going up, and if they don’t buy in now, they’ll never get to own a piece of it at these prices.  And, so far, in this instance, well this week, they’ve been right.

Look back a few months and you’ll see, well, let’s go to a 12 month chart… you can see that Netflix, like many other stocks these days that seem to do well, has been all over the place, with prices rising and falling significant amounts.  There is a high risk of buying in at a high point, and riding it all of the way down into the subway station.  And then, if you choose, you can end up waiting there for a plane to show up and fly you back up into the clouds.  Dramatic?  Yes, it can be.  There can be tears, there can be exhaultation (literally), so how and when do you decide to jump on a train and see where it will take you?

Let’s go back to Apple.  Strong growth, strong earnings, stable company, good leadership.  Since other big, stable companies are reporting earnings declines and less-than-enthusiastic forecasts, wouldn’t you expect more investors to move their money into Apple and out of those losers?  I mean, growth and stability, how can you go wrong with that?  We’ll see what happens.  I know that most big investors are already in Apple, that may be why there hasn’t been much movement today after earnings were reported to the public.

So what do you think?

 

 

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