IBD 100 is always a great place to identify high flyers that crash and burn. They are added to the index after they have been up huge. I understand momentum is good but I have seen it so many times with stocks on the IBD that crash and never ever come back. TZOO, TIE, RINO, FUQI, CROX, DRYS, IAAC, GROW, TASR....I could go on and on and on.
WTF has any one seen this one .. YOKU its IPO .screaming bubble.. ha ha... I missed it completely.. does anyone know the P/E of this. ha ha http://finance.yahoo.com/q/bc?s=YOKU+Basic+Chart&t=5d
Let's keep this thread going. CML 252 P/E, 75 forward P/E RVBD 242 P/E, 47 forward P/E FFIV 74 P/E, 34 forward P/E I'm not shorting any stocks mentioned in this thread. If I trade them at all I'll be going long OTM calls on the pullbacks and long DOTM puts on the new 52 week highs. JKS is actually a bargain with a 3.8 P/E, and 4.5 forward P/E. That's the lowest P/E I've seen in a while.
p/e on JKS means nothing....the 1yr daily chart is ugly....i would have to see it stay above $20 for several weeks to months b4 i would consider opening a long position. i like your thoughts on trading the otm calls and dotm puts.
wow.. i ihave been busy.. on my real job. i missed a lot of the fun.. my thread is like a doomsday . ha ha.. BIDU... CMG.. NFLX.. CRM. when will it crack.. ha ha.. and the one I still hate the most AMZN... king of scoundrels.. never will he ever reveal KINDLE sale numbers.. all humbug..!
hmm http://irwebreport.com/20101220/netflix-ceo-responds-to-short-seller-in-seeking-alpha-blog-post/ look at this article.. looks like swords are drawn. a LOT OF EGO battles.. wow... NFLX.. should be under 100 on some panic news. but it seems so far.. 230 may happen on a short squeeze.. only god and the devil knows.. LOL!