Growth of nearly 20%...
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| Author | Content |
|---|---|
| rnturn Mar 29, 2013 9:00 AM EDT |
... isn't enough for the idiots on Wall Street? That's Exhibit A for what's wrong with the economy. Next thing you know they'll be talking about Red Hat as a takeover target. |
| Bob_Robertson Mar 29, 2013 10:53 AM EDT |
Rnturn, keep in mind that with prime interest rates being held at 0% while at the same time money is being dumped into the system at appalling rates, investors are desperate for returns. Everybody knows that the entire monetary system is going to collapse, so the panic about returns is even greater. Cyprus was just another step on the road paved with good intentions. |
| JaseP Mar 29, 2013 11:05 AM EDT |
It won't collapse. It won't grow, either, ... But it won't collapse. Money will just change hands. Power will shift,... Life will go on... RedHat grows by 20% and investors try to spin it so that speculators dump their stock cheap. It's not putting lipstick on a pig,... it's putting a pig suit on a supermodel. |
| jdixon Mar 29, 2013 12:36 PM EDT |
I tried to submit this as an article, but it blew up for some reason: http://www.marketwatch.com/story/red-hat-profit-rises-on-sub... It's a mainstream financial article on Red Hat's earnings. It may be of interest to people. |
| tracyanne Mar 29, 2013 4:45 PM EDT |
My advice, if you have the money, BUY! If there are shareholders stupid enough tom sell Buy. |
| jdixon Mar 29, 2013 6:05 PM EDT |
> ...if you have the money, BUY. Did that a long time ago. :) Only 15 shares, but money was limited at the time. |
| Koriel Mar 29, 2013 7:22 PM EDT |
Money? Ive heard of it. |
| BernardSwiss Mar 29, 2013 8:55 PM EDT |
> Growth of nearly 20% isn't enough for the idiots on Wall Street? Not if most of those idiots were expecting 22%. (Whether the expectations were reasonable is a totally separate issue. The stock market only cares about whether those stock prices are rising or falling.) |
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