patrick.net

Intraday high over 130. Will have to check my mutual fund watch list after close.

https://www.benzinga.com/news/earnings/17/01/8975066/trader-tries-to-short-apple-earnings-pukes-up-life-savings

Trader Tries To Short Apple Earnings, Pukes Up Life Savings

On Tuesday, a day trader allegedly took gambling to a whole new level. And, if his act was in earnest, he lost big.

According to MarketWatch, Canadian investor F.S. Comeau bet his last $249,000 against Apple Inc.in an attempt to reclaim $2.5 million lost in poor investments. At the time of the trade, shares were valued around $122, and MarketWatch reported that an increase of just $6 would deplete Comeau’s savings.

Apple shares shot up Tuesday after-hours when the tech giant blew out its Q1 earnings estimates... and Comeau lost significantly.

Benzinga reported that analysts average a Buy rating on Apple shares with a price target of $133.40. Analysts also expect reports of a 2-percent revenue increase and growth in iPhone sales figures.

But Comeau's self-described “YOLO” investment was a calculated one. Comeau took to the WallStreetBets strand on Reddit to explain his prediction of Apple’s big earnings loss.

He predicted a total earnings drop of 15 to 25 percent.

https://www.reddit.com/r/wallstreetbets/comments/5qhzcy/well_this_is_it_going_allin_my_last_stand_my/

I lost $100,000 in one night to Brexit. Another $50,000 betting on Hillary.

PockyClipsNow says

Sometimes I miss the housing bubble bears vs bubbleheads. That era was more fun.

(thumbs up)

You're filing BANKRUPTCY!
BOYCOTT ALL Republicans

Why do people hate the FINANCIALIZING of IDIOTS whose whole life is getting "LIKES".

SubOink says

Ironman says

You all can go thank Trump:

LOL!! - It has nothing to do with trump but ok...

The naysayers of apple can choke on it...

i'd say a big part of the optimism is Trumps tax holiday. but i'd agree that it has mostly been due to introductions and updates of products.

So basically, California wants to secede from the Union, because they want to keep their cheap slave labour...sound familiar?

"Fame Whore Psychotherapist, breaches ethics to state the obvious about Trumpligula and call it a revelation!"

Guess he must teach how to be unethical at John Hopkins.

Is he a member of that noble organization that took an immediate, firm stance on Torture?

Heraclitusstudent says

They don't care about Trump, or California. They just want to divide. And it works well with morons on both sides.

Yep. Never not try to weaken a rival.

California would never leave, because all the MIC employees would be jobless. California can't maintain 9 CVBGs, 1000s of F-35 Lead Sleds, all by itself. Or all those Space Tech Companies that receive heavy Federal and State subsidies and breaks. And then what would Lockheed do?

www.youtube.com/embed/JXhbS2hn4Ik

Right now they are playing some Arabic War Song, like the kind you hear in ISIS videos.

Well, when your opponents are shooting themselves in the foot, flailing wildly, don't try to stop them.

dublin hillz says

In western Europe, hate speech and trollish statements such as holocaust denial can be punished very severely compared to what happens in U.S. Do you believe europeans are misguided or justified in their approach considering the history of nationalist movements over there?

It only drives it underground. If it's out in the open and mocked openly, it soon goes away.

Notice Truthers, Moon landing hoaxers, Militant Vegetarians, etc. are still mostly laughed at.

Meanwhile, Authoritarians protest a Modern Liberal:
http://sanfrancisco.cbslocal.com/2017/02/01/berkeley-braces-for-protests-at-yiannopoulos-talk/

Ironman says

The fanboy posts a chart from Obama, which has nothing to do with what I posted.

Boy, you Apple Fanboys really have issues and have to resort to straw men to support your delusional purchases of Apple products.

Please explain what's delusional about buying a laptop, an iPhone, an iPad...etc ?
The one thats delusional here is you. You are so anti everything that has some sort of "liberal" attached to it that you are blind. A good product is a good product. Doesn't matter if you personally approve it or not.

I get it - you are angry because you're on windows. I get it ...really. :)

T L Lipsovich says

Well, when your opponents are shooting themselves in the foot, flailing wildly, don't try to stop them.

Seems like the exact same thing I've seen for the past 20 year, a bunch of impotent, directionless youths playing crappy-ass music and standing around on the street because they have way too much free time and no idea how to actually accomplishing anything. Protests are nothing more than an event to pick up slutty chicks by pretending to care about their two-dimensional cause.

The protesters here probably didn't even bother to vote. Voting is anonymous, and thus boring. Protests are sexy. They are great for virtue signalling.

Apple currently up more after hours.
128.89 0.14 (0.11%) After hours: 7:59PM

Free time indeed. Not to be racist, but these are mostly rich white boys and girls getting their rocks off on mommy and daddy's dime.

THIS is the face of liberal white privilege. I can guarantee you that if a group of black or hispanic guys tried to pull this very same stunt in the neighborhoods these protesters grew up in, they'd be locked up with the quickness, looking at 5 to 10, or they'd be Swiss cheese.

T L Lipsovich says

Right now they are playing some Arabic War Song, like the kind you hear in ISIS videos.

The unifying electricity of raw hate is what these leftist protests have in common with Islam. So it makes sense in a bizarre way.

This is why Hillary won California and Trump didn't.

Sounds like patnetters.

Dan8267 says

It's leftist conservative.

Actually, it's right'ish liberalcon neo progressivist.

thepaine says

This is why Hillary won California and Trump didn't.

No, this is why HRC won CA.
http://www.foxnews.com/politics/2017/02/01/experts-california-voter-registration-system-highly-susceptible-to-fraud.html

If CA left, the Fed money and most of the "makers" (i.e., midde/upper class and above) would leave the state and their precious socialist society would crumble, like it is now.

Damn. Here goes nothin'!

Interesting that CNN says the riots were about Milo:

http://www.cnn.com/2017/02/01/us/milo-yiannopoulos-berkeley/index.html

But SFGate says they were about police racism:

http://www.sfgate.com/bayarea/article/Protesters-march-again-in-S-F-and-Berkeley-5940498.php

T L Lipsovich says

California would never leave, because all the MIC employees would be jobless. California can't maintain 9 CVBGs, 1000s of F-35 Lead Sleds, all by itself. Or all those Space Tech Companies that receive heavy Federal and State subsidies and breaks. And then what would Lockheed do?

this is true. the remaining middle class would move out and the wheels would fall off. the state receives a large amount of federal welfare money, also.

actually, i'm enjoying the left ripping themselves to pieces these days. i say go ahead an secede, fail to pay out the plebes, descend into anarchy, and then have to be rescued. possibly the only way to get california back to normal.

Typical Berkley Bitch. Fuck Berkley and all the worthless asswipes who ever went there.

Calif does have the largest GDP in the US, no doubt they would have to make some changes. Bottom line is that less money comes back to Calif than goes to the fed.

Sounds like a good place to get pussy whipped! Just wear a gimp outfit with a big TRUMP sticker on it.

Where's General Fremont when we need him?

indigenous says

Calif does have the largest GDP in the US, no doubt they would have to make some changes. Bottom line is that less money comes back to Calif than goes to the fed.

If CA left the union and fully implemented their Left political agenda, that GDP would fall to the floor.

Same ole Same ole in Bezerkeley. Same ole whackos, different flavor.

Of course, it could just be a brown shirt false flag.

Fuck the Wall! A 30 mile wide demilitarized zone, mined and laced with barbed wire, into Mexican territory, occupied by our noble troops.

Hail, Trumpligula, our savior!

Is Antifa another one of those protest groups so infiltrated by the FBI that they have trouble not bumping their heads together when they walk around?

just any guy says

If CA left the union and fully implemented their Left political agenda, that GDP would fall to the floor.

Yup but that might take a while

Fascism. I thought I understood the term. It was a definition hanging on the forceful grabbing of power and control with an undercurrent of extreme intolerance. I wonder how this AntiFA group sees it, given they seemed to be the ones who showed up loaded for violence; how the lady who assumed you were a Nazi simply by looking at you feels about fascism.

Can fascism be on both sides of a conflict? Where is the moral high ground? It's in times like this that people grasp for heroes and unfortunately find them for all the wrong reasons.

Thanks for going and recording it. Thanks for making your simple point to the lady.

indigenous says

just any guy says

If CA left the union and fully implemented their Left political agenda, that GDP would fall to the floor.

Yup but that might take a while

Good. It'll make the entertainment last longer.