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Microsoft Stock Goes Nuts At Close On Unfounded Rumor Of Balmer Departure
A quick look at the below chart of Microsoft trading into the close would lead one to believe that i) SkyNet is now fully self-aware, of ii) Muddy Waters came out with a strong buy on the world's most "underappreciated" value stock. Apparently, neither of these happened (well, at least not at the close: after all SkyNet has been aware since April 19), and instead the stock responded so violently only due to a completely unconfirmed so far rumor that Steve Balmer is stepping down. And while broken markets on no news is one thing, at least one can blame overheated vacuum tubes for crop circle trading formations, the kind of ridiculous trading, amounting to nearly 15 million shares, on what for now appears unvalidated rumors (which may have come after the move to justify it), in one of the world's most widely held stocks, indicates that there is way too much "other people's money" sloshing around, and should truly put the fear of god in anyone who still picks the S&P over the Encore Las Vegas (and especially the Beach Club).
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People at Microsoft are being exposed to radiation from Fukushima blown over the Pacific.
Even Steve Ballmer is inhaling poisonous particles.
this is not a bug ! this is a feature ! ^^
No love for the EnBalmer.
Einhorn was correct; Balmer should go. That is why the stock popped on the rumor. (BTW-There is no way Einhorn started the rumor; he places his bets on longer time scales and more substantial events.) Some of the crystal-meth-infested traders may have.
Einhorn was trying to get him to step down a couple weeks ago. This is a full blown operation. Every industry is screwed they just can't handle 50 to 70 percent slow down of sales. They want to keep people and won't be able to forever. They will eventually be forced to dump people who will become their competition.
MSFT undervalued compare to other BS stocks in the Marketplace $30/share in 6 month or so - easy money, but you are late to the party. You gotta buy, when everyone sells. How about Sell the calls to pay for put option protection? You gotta buy insurance, when you invest. MSFT got very liquid, tiny spread options for that.. Great stock. + it's actually pays nice Div... Yeah, perhaps I'm talking to the wall here,cause most of ZH-ers leaving in the trailers with "Physical" shit only. :))))
that cant be good for a mans ego
It's been dead money and dumb investments for a decade now.
Can they do a single new idea. Zune? Windows phone ? Xbox?
I heard he was seen shuffling around muttering something about the rollout of Windows 286.
I was so fired up about my 286 processor...I could open multiple (ok, 2) windows!!
I'll stick with my Osborne Word Processor, thank you very much.
This stock hasn't moved in years. Its like watching old people play golf
You dear sir are an older person wrapped up in a temporarily younger body. One day you will be wearing adult Pampers and cursing those insolent whippersnappers so may I suggest you hold your tongue?
Just a thought since you are in effect teaching the younger generation to piss on the older you.
Funny, CD... A famous old saying:
A long time ago, I worked with someone who was then about 65 years old. He had a sign on his office wall: "If I'd known I was ever going to be this old, I would have taken better care of myself when I was younger."
Another story: A United States Supreme Court justice (I forget whom just now) retired at the age of 92 or 94? Pretty old, but he was still quite hale and hearty. When a reporter asked him what he was going to do now, he replied wistfully, "Ah, to be 80 again."
I believe the correct saying is "youth is wasted on the young"
Youth is wasted on all the wrong people.
- Its a Wonderful Life, bushes scene
+ yes
It was Julius Caesar around 40BC that said it.
it looks like some ol' duffer got into a deep trap and went for the green. a few times.
jimson weed laced cigars on the 9th...what was that?
Well, we just found out that Balmer's value to the corporation is a negative number.
Now....can we have all those stock options back please?
Seems to be true of many Microsoft and ex Microsoft executives. Elop managed to wipe, was it 30%? off of Nokia... Every time he opens his mouth....
Another possible explanation: http://news.cnet.com/8301-10805_3-20072914-75/bing-grabs-market-share-from-google-over-past-year/
What is the problem? Dude can skip-to-my-lou like nobody's business.
http://www.youtube.com/watch?v=wvsboPUjrGc&feature=related
What difference does it make even if monkeys run the company? Fundamentals don't matter any more in cuckoo print land
how much did balmer, gates, allen, et al loot out of that company anyway? A third of the damn market cap? Half? buy stocks bitchez!!!
Loot? They started and made the company. Your accusation and definition are wack.
+ Agree
they stole every dollar from the pension funds who, when they go to sell their stock, will get zero.
no fucking way anyone should be able to take tens and hundreds of billions of dollars out of a publicly traded company. fucking thieves, every last one of them. if they want to loot the company make it private or get fucked.
The pig is getting dirty.
Your pension funds are run by moochers and looters working off the backs of real businessmen who let them in for the profits. Meanwhile, they plead the case of widows and orphans while trying to squeeze profit for the socialist Union and Education class, the real problem with America.
Publish your evidence of theft or go back to cutting yourself while jerking off to Kitten crush movies.
Your "real businessmen" don't make shit...programmers know who really made MS and your sycophantic panting is some tiresome sauce, punky brewster.
Real programmers like Gates and Allen, the objects of the original post?
Uh huh, pull the other one. Just another pair of lucky trust fund bitches; good at marketing and building a monopoly, so-so at actual software engineering.
Try Simonyi or Blinn.
Generally agree, but if this book is to be believed (and I think it is), then Gates and Allen were pretty good programmers too. A lot of "in the right place at the right time with the right ideas".
http://www.amazon.com/Gates-Microsofts-Reinvented-Industry-Himself/dp/06...
Next question, will they cancel the trades?
Maybe an orchestrated intent to get him to leave?
Microsoft now has a larger weighting in the Nasdaq. So, looks like a pump to keep Nas up. Before the end of QE2. Have to have a short squeeze to get everyone out at shorts expense.
An entire industry is devoted to making money off people that continue to use the Microsoft Operating System called Windows. I wonder how many of these companies have Balmer as an investor. I also wonder why people continue to use the Windows Operating System when other operating systems such as Apple and Linux are not subject to a lack of (obvious) security problems.
i agree, once their competiers figure out how to get past "everyone has microsoft, so i have to have it as well" problem, then i think microsoft are toast
no one likes them, they just put up with them because they feel they must
i can't wait for goggle to start marketing a downloadable OS
Balmer's nightmare is called Android. It's nothing more than a striped down version of Linux that is taking over the Smart phone and Tablet markets. People use Android and discover how easy and maintenance free it is and soon realize what an auful Operating System they have on their PC at home. I quit counting the number of PC's I've switched over to Ubuntu (Linux for humans). Most want a duel boot system but after a few weeks they relize they no longer need or want Windows. The latest Ubuntu OS has the look and feel of Android or you have the option of going to the prior Desktop. Personally I like the "classic Desktop for use with a Keyboard and Mouse. Out in the shop where I have a touch screen monitor I use the new Ubuntu "Android" OS. It completely eliminated the need for a keyboard and mouse. This is the future and Microsoft is still 10 years behind.
+ 1. Ubuntu 10.10 as I type this, great OS.
Debian bitchez!
And that will be the last good ubuntu as fedora 14 was the last good redhat. Apple and google, intel and IBM will screw linux up beyond all recognition in an effort to drive people back to windows apple so they can control IT.
I'm using Linux "Mint"; which you can download for free. As soon as I burned the install disk and hit "boot from CD", I told the installer to wipe the hard drive completely and install "Mint". I can't tell you how pleased I am with OS. It's the transparent user-friendly Linux. I don't have any app. or program of any kind on my computer from MicroSoft. All the apps. I need download automatically on this OS; adobe, Java, cad-cam; google chrome; everything works perfectly and dead fast. It's wonderful just to know that my computer is not checking in with MS headquarters. It's a revolutionary improvement. I'm functionally computer illiterate but I did it all myself; it was easy.
Is it possible Balmer floated the rumor to see which way he will bet his own shares, before he actually leaves..??
This may be the most important pre-release test he's ever initiated there.
+1
Microsoft is pretty much irrelevant these days, they missed too many boats.
Linux completely commoditised operating systems, and Open Office has done the same for office suites, which IIRC are the only two divisions within Microsoft which actually make money. So the only revenue generating parts of the company have a long term future of $0.00 per copy to look forward to.
Couldn't happen to more deserving folks; they tried to rip me off by telling me I had an invalid/pirated copy of their for-shit OS; THEN they turned off my computer. That's when I said, okay; it's time to find out what's going on in Linux World. Linux Mint is "the shits", as the young people say. it does everything it's supposed to do; and no deluded company is going to come on my screen and tell me to pay for the damn thing, again. Fuck Microsoft.
OT
Shit just went out of control in Greece !!!!!!!!!!!
It's On folks !!!!!!!!!!!!!!!!!!!!!!!!!!
Explosions, teargas, sound warfare and people scrambling !!!!!!!!
http://www.livestream.com/stopcarteltvgr?utm_source=lsplayer&utm_medium=embed&utm_campaign=footerlinks
So what exactly are you so happy about? What is your
story? Maybe you are asking for mess in your house as well?
This is just so f* sick..
an Armand Hammer Moment
Developers!
Developers!
Developers!
Developers!
Developers!
http://www.youtube.com/watch?v=KMU0tzLwhbE
Balmer leaving would be worth twice that gain.
+1 They are trying to tickle the Nasdaq up into and thru it's next overhead resistance... which will fail. They tried this same bs w/ AAPL a few days ago.
"there is way too much "other people's money" sloshing around, and should truly put the fear of god in anyone who still picks the S&P over the Encore Las Vegas (and especially the Beach Club)."
Amen brother, amen.
Biggest screw up Microsoft made was not buying out VMWare. They made a shitty offer and VMWare founders told them to go pound sand.
Microsoft deserves the pain it's in. If Balmer goes, don't be surprised to see somebody like Reed Hastings, CEO of Netflix and Microsoft board member, put in his place.
How about their awesome deal with Yahoo for Yahoo to use their search? Can anyone even tell if it was ever implemented?
I think CNBC got 4 solid days worth of programming out of that one.
And I watched. Just one more step on my PHD in economics.
Balmer's days have been numbered since they made the Yahoo! buyout offer. The fact the J. Yang nixed, because he's an IDIOT, the deal bought Balmer some time.
Paying 5 billion for Skype is Balmer's undoing now. They paid way to much.
It is safe to say that Skype is just shitty enough to fit into the MS portfolio -- at least in terms of User Interface.
Balmer's days have been numbered since they made the Yahoo! buyout offer. The fact the J. Yang nixed, because he's an IDIOT, the deal bought Balmer some time.
Paying 5 billion for Skype is Balmer's undoing now. They paid way to much.
+1 Skype is outdated. VoIP providers have started providing a hardware box that eliminates the requirement of a computer. Set up is really simple. You just plug the box into your Internet connection, plug in a standard wired phone, and your done. Most people can't tell the difference between wired phone service and a VoIP hardware box. They pickup the phone and dial out or when the phone rings they pick it up and talk. A computer is not required at all. Try that with Skype. A new Android app lets you turn your Smart Phone into a Soft Phone allowing you to piggyback on your VoIP service. When someone calls your VoIP number your Smart Phone (or any other Android Device) allows you to accept that call on your Smart Phone. You can also call out on your Soft Phone so the person on the other end gets your VoIP Phone caller ID so they can't really tell you are mobile. It's really slick.
DAMNIT; I'm not a CEO Jim!
First MSFT, then BAC. Expect an extension rally tomorrow.
Oh this better be true. I cannot stand that sweaty chair throwing monkey boy...
What would you do if you were Balmer and you heard about this story ? Obviously you are hated by the many.
What would you do if you were Balmer and you heard about this story ? Obviously you are hated by the many.
Probably glance over and marvel at the number of zero's in his Rothchilds bank account, snicker and then yawn.
deleted.
Quarter-end, insiders just took nit investors for the ride of their life
What's insane is that Apple is at 335$ a share and microsoft is at not even 30$. Crazy.
Well AMD makes a shit ton of cpu's and is worth 6.5 billion and arm just licenses and is worth 14 billion. That would be like AMD licensing it's old 6 series RISC processor and making the company worth 3 times as much.
It's not about making sense it's about credit lines.
They missed that whole 'internet thing'. Do they still sell floppy disk software in cardboard boxes at brick and mortar retail locs.?
Count me in the Ubuntu crowd, going on for 4 years and never looked back.