Sanrith Descartes
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Investing General Discussion
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Sanrith Descartes
Veteran of a thousand threadban wars
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Mist
Eeyore Enthusiast
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Five9 shares plunge more than 20% after CEO announces resignation
Shares of cloud software provider Five9 closed down 25% Monday after CEO Rowan Trollope said he's stepping down to take the helm of a pre-IPO company.
This is probably a good pickup. The CEO leaving (and being replaced by the former CEO who only quit due to cancer) changes nothing about the fundamentals of the company. It's a good company, that competes in a space filled with mostly bad-to-mediocre companies.
Sanrith Descartes
Veteran of a thousand threadban wars
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Have I ever mentioned how I dislike companies with negative earnings per share.Five9 shares plunge more than 20% after CEO announces resignation
Shares of cloud software provider Five9 closed down 25% Monday after CEO Rowan Trollope said he's stepping down to take the helm of a pre-IPO company.www.cnbc.com
This is probably a good pickup. The CEO leaving (and being replaced by the former CEO who only quit due to cancer) changes nothing about the fundamentals of the company. It's a good company, that competes in a space filled with mostly bad-to-mediocre companies.
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Sanrith Descartes
Veteran of a thousand threadban wars
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Sanrith Descartes
Veteran of a thousand threadban wars
- 41,435
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Sanrith Descartes
Veteran of a thousand threadban wars
- 41,435
- 107,459
Sanrith Descartes
Veteran of a thousand threadban wars
- 41,435
- 107,459
Sanrith Descartes
Veteran of a thousand threadban wars
- 41,435
- 107,459
Sanrith Descartes
Veteran of a thousand threadban wars
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Jysin
Ahn'Qiraj Raider
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We're still in a bad news is good news / good news is bad news market. Headline hit:
11:01 (US) NY Fed Survey of Consumer Expectations: Household spending decline in Sept is largest in series history
While poor for earnings / profits, the argument can be made that the Fed's tightening is working. Market went red to green on this.
11:01 (US) NY Fed Survey of Consumer Expectations: Household spending decline in Sept is largest in series history
While poor for earnings / profits, the argument can be made that the Fed's tightening is working. Market went red to green on this.
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Gravel
Mr. Poopybutthole
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I was really hoping for an upswing prior to the midterms, because I think November and December are going to be a fucking bloodbath. And I need to liquidate next year's expenses at some point before the end of the year. Doing it now would fucking suck. My wife has been talking a lot about going back to work, and we haven't hit one year retired yet (end of October).
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Sanrith Descartes
Veteran of a thousand threadban wars
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Yeah, inflation gonna go down because people have maxxed out their credit cards and have no money to buy stuff. Yay The Fed.
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Sanrith Descartes
Veteran of a thousand threadban wars
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Earnings season starts in a few days (Friday I think). We will find out quickly if the market priced in earnings correctly or not. If we did then maybe we can go sideways for a bit. If we missed on pricing then yeah Nov/Dec gonna blow.
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reavor
I'm With HER ♀
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Investing in the modern era...
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I forget who pointed out this Chinese scam stock HKD. I picked up around 20 when it bottomed to 26. Here’s to hoping the China bank does shady things again so it shoots back over 2500 or 400.
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