Due to ignorant but heavy demand from this research post about Facebook Inc. (FB).subscribers and students and random people wanting to make “easy” money in the stock market, the other day I wrote
Long story short I thought the market leader was 30-40% overvalued and because there were no shares to short, I told people not to waste their time and instead focus on entirely more predictable yet less entertaining patterns as detailed in my 7 free video lessons.
Thankfully this one student of mine gets it as he made thousands of dollars the other day from a beach in South America on a gimme trading setup that I predicted well ahead of time HERE.
Aka “the real path to profits”…
Patterns which have made subscribers of my 4 see it all trade-for-trade)…here are 4 examples:and I millions of dollars (
Just the other day we had this 50% winner I told everyoneeeee about ahead of time.
This video of my shorting BVSN literally just a few hours before it dropped $5/share as you can read in my followup blog post HERE and subscribers of my 4 and I bankeddddddddd
Another 50% collapser I predicted after the company put out an SEC filing saying don’t listen to me!
…and here are some examples of long-based setups too for those who don’t like shorting:
Anyway, now just two days later, Facebook has already dropped 15%+ with not one but two BOMBSHELL articles emerging: 1. FB’s underwriters / promoters Morgan Stanley cut their revenue estimates just days before the IPO, actually during the IPO roadshow but only told their best clients which is a major no no on Wall Street.
…which surely violates some security regulations (Reg FD?) and will likely lead to an SEC investigation, if not lawsuits from FB investors who are now down big as a result of not knowing these important details.
…and 2. a journalist go a hold of Facebook CEO Mark Zuckerberg’s unethical / evil IMs from college which show you what kind of guy he is…or at least was:
(looks like the movie The Social Network was realer than most people imagined)
…and the financial media, ever quick to move onto the next story to hide the pain of so many millions of people who couldn’t wait to buy Facebook stock in part because of all the media hype (ironic isn’t it?) and are now down big, shifted their focus to telling how Yahoo! Inc. (YHOO) sold some of their stake in Alibaba for $7 billion.
That’s a positive story, right? Much better than FB dropping 15%+ or the fact that it would have dropped even more had the underwriters not supported it yet again in order to avoid the inevitable embarrassment when Facebook does indeed drop 30-40% or even more as the hype fades and their slowing growth reality sets in.
Well, the only problem is that Yahoo IS…hmmmm, how do I say this politely…FUCKEN IRRELEVANT FOR TRADERS AND INVESTORS…and has been FUCKEN IRRELEVANT FOR YEARS.
Given my newfound focus on health, I was on the boring-ass elliptical for 45 minutes yesterday and for nearly half of the time, multiple business channels were focusing on this one “big story”.
I knew Yahoo’s stock hadn’t done much over the past few years, but when I got home and looked at the charts, I became even angrier. Here’s the one-year chart of Yahoo:
…and here’s the two-year chart:
Can you guess what the three-year chart looks like?
ALL FUCKEN IRRELEVANT FOR BOTH TRADERS AND INVESTORS.
If the financial media actually cared about helping people make $, they wouldn’t discuss stocks like YHOO…unfortunately, they don’t give a shit about your profitability, they just want your TV tuned in to watch their commercials so they get paid. They like YHOO because it’s a story stock they can go on and on and on about and, unlike teaching people how to actually profit in the stock market, that is something they do quite well.
(if they taught correctly, nobody would watch them daily like they do now as people would realize the news is basically a sucker’s game and their ad dollars would dry up…and CNBC enjoys making $500 million/year)
Which is sad.
And hey I know my trading strategy isn’t for everyone, but even when I bought Facebook’s stock this morning — buying 1,000 shares at $31.30, basically calling the exact bottom before it spiked $2/share over the next 2 hours — I made THIS video lesson that is actually useful to traders and investors, it’s not about “the Facebook story” AT ALL.
You might not like me and my attitude…or my swearing…you might not like penny stocks…you might not like short selling…or day trading…or my constant grammatical and spelling mistakes…or my incessant bragging how my students have now made $4+ million in the past few years and are rewarding themselves with cool gifts under my tutelage.
But I promise you, I will NEVER be boring…or useless…or full of misinformation like today’s financial media is.
I focus on volatile, predictable stocks that make people a ton of $ because we realize individuals shouldn’t trade like a fucken billion dollar mutual fund that sadly enough, on average 70% of the time, trails the fucken S&P 500 year in year out.
These “financial experts” might have the power now, but mark my words, this industry is gonna go through one hell of a change over the next few years as outspoken people like myself rip into and overturn the boring nerds currently in charge who make this great / exciting industry into the unpopular freakshow that it is.
Most of you should be getting excited…the rest of you uptight assholes can go fuck yourselves if you think this absolute bullshit is gonna last.