Transcripts For FBC Countdown To The Closing Bell 20131107 :

Transcripts For FBC Countdown To The Closing Bell 20131107

We with the First Business network to put them on the air in 2008 but this is the scene just as the stock went public. They tried not to look hysterical but it they were taking pictures. I get it our is quarter was one dash producer was escorted away. As a young life police cleaving they think independently now another Business Network could they figure out how to get out their message . We were right there watching all the action but nicole petallides, in my opinion it is studying how we were treated not a good sign they are ready for the big leagues Steve Mcbride way they should have accepted a nice offer from the fox business we are a leading this is the work week cover things clean and fair and there was no reason to say no. Whether they want to do another network but why some of the fox business id we would have done an excellent job but that being said there was a huge crowd and you could not get in there. Says ceo and the executives in the middle surrounded by traders tuned obviously governors and the like then some of paparazzi and as a shield by the communications department. So unless i would do some crowd surfing at our rock concert it was near impossible to try to get to the center of the crowd or get comments. Maybe we will make a better decision to wait for word but not all the at the open but what is most telling that holds onto the gains that we have seen so far. It is up 86 . Later in the program we have qualcomm ceo paul jacobs first on fox business understanding we are a network that people listen to and i make the point because i guess we learned from the First Business network to put these guys off the air when nobody else wanted to . It has grown exponentially. Now one glance at the headquarters and we can see how well they have spent venturecapital list monday that is lovely but can they hold up for the Retail Investor year after year like google or call cobb . That remains to be see theres a lot of skepticism out there talking to others is she says she will stay away from this devisee her clients to have half a billion dollars to say basically a company that lost 100 million that defies basic economics that is why she will wait yancey how it goes then they bought facebook leader and thenndid pretty well but who is making a lot of money today . Those former ceos and the executive starting the reader a 191 million, jack horsey cofounder and both for mercy yellows newly minted milllonaires ian billionairrs. At 26 bucks a share you can see exponentially it is moving higher. About 50 with the eyes of the day to put into perspective 140 characters for the tweets and at 26 per share that is 13 million per character theyre getting more expensive by the moment. It is important to point out number one, it is a great day if you are a stock voter. And as we understand the big institution to get their hands on it but not the Retail Investor. As i said we had the founders they are terrific, i think it is up Pr Department a man named jim . He is scared of us . Good luck with that because if it is not the twitter downgrade with the strong gdp numbers may be the Federal Reserve for the worried that it may start tapering. Lets not give too much credit do twitter it has been a crazy day. We have traders that the New York Stock Exchange and chicago mercantile exchange. I am sure you were not crowd surfing but it is interesting day. That doesnt have much of any fact all. We have a lot of Economic Data and this week we have unemployment numbers tomorrow back up. The september number was too late people dont understand if this is a real numbers always seems the unemployment numbers the first true never be will get into. 5 months. Investors feel they are panicked and will not get the rosy picture. We talk about the bonn repurchase beginning of next year but put that aside where will we be this week . Coming down to the trading session tomorrow the market had a very good rally in there looking for the opportunity whether it was legitimate or not riggt now is trading ahead of tomorrow looking to tomorrow the of volatility index is down about 30 . I just wonder is too much complacency . It is the old adage that is true. Am i wrong . Its starting to feel like 1999 but the reason you see the vix index at the low we have done a study of stairs and if we call a strong year in the stock market between 15 and 20 then the next two months average after the first 10 months . The average about 2. 5 each almost 5 for the next two nths that is what you see that stock market have some complacency because there is a lot of folks who will take the pullback to worry about tomorrows numbers but do get some calls and get back in the market. Of oil traders are not getting in today but i would not say it is a very stark moved but again people wonder did it find a bottom . We are up from the fellows. Do we see dollars a barrel . Your friend thinks it will stop at 911th. I am 92. [laughter] i think we went down yesterday today the low is 93. 80 but the market has to work to digest the numbers but unfortunately this story was the gasoline which was very, very weak and those values to give me a further affirmation or contradiction was very very weak and that is surprising because news has come out we have low prices, 38 states have prices under 3 of the pressure is on the market to go lower and over the next few weeks about anything coming out of the word pork that it would work its way down i would like to be right for a change. You are right off to end. As the markets continue we are watching your money for you but it is twitter time arguably the most known part is that. Kim you imagine that . The man who invented that is with us live is this a dangerous stock of jeopardy . We have global end of their joining him plus it we have a first on fox Business Interview with us the go that is way bigger say and twitter qualcomm ceo fresh off the earnings playing of the global smart phone explosion he is at the forefront. Dont miss what he has to say what is next. What is selling and where is he going . We will be right back. [ male announcer ] what if a Small Company became big business overght . Likereally big. En expanded . Or their new produ tanked . Or not . What if they embrace new technology instead . Imagine a coanys future with the future of trading. Coany profile. A Research Tool on thinkorswim. From td ameritra. A Research Tool on thinkorswim. Helphe gulf when we made recover d learnto the gulf, bp from what happened so we could be a better, safer energy company. I can tell you safety is at the heart of everything we do. Weve added cuttingedge technology, like a new deepwater well cap and a stateoftheart monitoring center, whe experts watch over all drilling activity twentyfourseven. And were sharing wh weve learned, so we can all produce energy me safely. Our commitment has never been stronger. Liz power of the hour this Technology Company jumping more than 10 percent earlier today now just slightly under after disclose the first purchase orddr for the in Touch Sensor Technology used in tablets and notebooks and smart phone it is ordered to come from its main partner tell that is now having gone private do it extricate itself from the carl icon situation now starting to make some orders and you the pixel is the beneficiary it appears right now. Bbck to twitter flapping its weightings in hyper hysteria refusing to come on with me or anybody from fox business because the p. R. Department is scared but the stock is up more than 80 . All this week we hear debates about whether is it a great place to be . The of the others flew yesterday after the bell. Get some more information about their businesses and the 50 target still holds but they are saying what the hell is this guy smoking . Liz absolutely hates it but whether people really saying today . Can the investor make a profit at this price . Joining me now is bryan sozzi and sitting in our newsroom because he is not scared we have chris, the inventor of the twitter . That is fantastic. You have been insincere the days android off the bat i dont know if you own shares you must be happy if you do. I dont. But that twitter has an Amazing Things people still question what it is or what it is for but the question back in the day with 2,000 . 2006 people use it. Liz dick the dallas she said help the my daughter with homer rice said put the number and she said what is that . She said that is a. [laughter] about the company progressing but your invention is really in the collective mind of what twitter truly is in my opinion. It has done a good job to work with its users with functionality and it has built a brand that people want to use. Whether intentioned or accident it was kept extremely simple of walling for a large number of people to get on board and follow and it was skeptical of the hashtag now resistance to add additional features has allowed it to grow as people become more mobile using products all day long. Liz they should make you the honorary chairman. Brian, what do you think they think of the value . Up 86 from the high. Is that a safe bet for investors . Been a think you for giving me a second language we all talk given hashtag and i have hashtag twitter fever even facebook as a second language id like to evaluation at 30 but at this point it is out of the realm i dont think if you are a mom at home you cancel your day to learn more about twitter because there are key functions into work with Traditional Media Companies and those who can integrate twitter into the retail environment like walmart or targets and number three, International One of the lowest market businesses and i am not comfortable yet to get on board. Liz as chief economist over there do they have a sustainable plan to make money . They are not comfortable yet this company has a Bright Future in it is winning fell four to be the Second Screen social utility alone all a bit the way it has revolutionized in journalism. But now it is technology these are Rolling Stones tickets you pay extra to go to the premiere so it is not a good idea or not part of our rational longterm portfolio. Liz lets it breathe a little bet but are you worried about the User Experience as now have to your answer to analysts and shareholders the outset of the days news their weirdness as they were warned not to buy the wall street journal . I think twitter is in a deposition a good position to the card what makes people love their product. Simplicity, speed, clarity, there are moves in the direction people cannot relate to. Twitter is very aware there is always up and comers looking for the lunch it has set for itself i dont know if it injures their success to make them aware they cannot just give up what they have done so far. Liz id like warning and brian, are you scared of us . No. Liz i did not seek you were scared but when you are sprint from other Business Networks you have no spiny did your p. R. Department. Just kidding. And chris, the creator of that. Good to see you all. The closing Bell Greenspan 39 minutes so now the tiny little bird has taken flight to. What to the underwriters say about the first day of trading . Charlie gasparino has been following this ipo all day he is coming down to give us exclusive details. We have a very important question. You may have the answer. How should investors run with the bulls and risk the market downturn if tapering by the Federal Reserve this sooner rather than later . Rienzi bateman 15 billion in assets under management shares his strategy generating cash and stock picks. Dont miss them. I dont think he is shaking in his boots about talking it to be 34 [ male announcer ] imagin is cute blob is metamucil. And thisark is the inside of your body. See, the special psyllm fir in mamucil actually gels to trasome carbs to help maintain healthy blood sugar levels. Metamucil. 3 amazg benefits in 1 super fiber. How old is the oldest person youve known . We gave people a sticker and had them show us. We learnea lot of u have known someone whos livedell into their 90s. And thats a great thing. But even though were living longer, one thing that hasnt changed much is the official retirement age. The question is how do you make sure you have the money you need to enjoy all of these years. Liz despite a pause down 102. Liz points today the markets continue overtime. Many investors are wondering how much juice is left a and how you invest in the bull rally in fire mitt when you are worried travis stumble . Our next guest has a perfect strategy he will squeeze out some yield we have Randy Bateman and a fox business original were you ever scared to come on with me . No. It sounds like you are a woman scorned. [laughter] they will be the hot ipo with a cold stock or the cold ipo or a hot stock but it looks like it will be the of former. Liz due may talk to the one who brought you to the defense refers to put twitter on the air in 2008. Now lets get this straight straight, randy there is a bigger concern with the stock that could be fly by night but when the fed decides to do taper it is now expected just today we have the gdp number better than expected now people are worried but is there a way to protect your portfolio and grow it at the same time . Absolutely. What of the things that have driven the market causing the expansion is the of llck of alternatives of the equity market will still be viable. One of the tools we use is a combination of good Equity Analysis together with options strategies. Collect a dividend in Early September but it by the stock and then write the covered calls then the plot of the porsche did you did not buy between now and december 21 collect a dividend and the premium on the plot on the call to get interest on the cash it works out to about 4 or if the stock stays the same that is about 32 return that is not bad. Liz that formula we will put on the Facebook Page because we want people to follow a properly. Baxter international is one of them. But all the while i see a field about yield. We like themes that are predictable. With the growth of incoming and agricultural products, we know that they can take advantage of that. With the high on equity with the reasonable yield as well a different kind of play wide you like it so much right now . We have two major pending pieces of legislation with the dodd frank bill and the hca taking a page out of history with sarbanesoxley there has been a reduction of Public Companies ever since that point in time we think they will do the same thing. They will promote merger and acquisition activity and we know the same thing will happen with the smaller fry mitchell institutions. The best but we qcl there is to look at the facilitators. Liz you are up a 92 of the past year. Think you so much. And when he for started to come on and businesses the dash fox business he did not have 15 billion under british rinaldi is as a frequent guest. Closing bell in 29 minutes and Charlie Gasparino is well ahead of the twitter ipo story from the beginning so far it annoys him so much that that maybe the reason theyve refused to come on3 with us today because your reporting was right on the money . Not assigned they are ready for prime time if they cannot handle that. The markets closing in 29 minutes fox business. Com ford on call if you miss the closing bell we give to the market freeze and what were watching tomorrow the most important 19 seconds after the closing bell delivered to your smart phone. [ female announcer ] tide pods threeinone detergent. Pop in the drum of any machine. Twash any size load. It dissolves in any temperature, even cold. Tideod pop in. Stand out. Tideod sometimes they just drop in. Always obvious. Cme group can lp you navigate risks and capturopportunities. We enable you to reach Global Markets cme group orward with how the world advances. Liz while twitter is basking in its ipo debut glory, its social media counterparts are not faring as well, right, nicole . Reporter first, im going to show you right here live how twitter is faring. There it is, up 75 , and its so key to continue to watch and see if it holds on to the gains. It was a 26ipo, it opened at 45. 10. And its already traded 108 million, so you know that shares have been changing hands throughout the day. That being said, is money being reallocated out of other social media stocks into twitter . Maybe, maybe not. Lets take a look at how theyre faring. You are seeing facebook, yep l and groupon with down arrows right now. However, they have had stellar gains. Groupons up nearly 100 , yelp up 227 , linkedin up 83 , so youve certainly seen great performance from these particular social media stocks but today tumbling back while twitter continues to hold on to some nice gains. Back to you. Liz okay, nicole. Thank you very much. Charlie gasparinos report was so on point that rescared twitter. Maybe. Hes been talking to people on wall street that were very close to the twitter ipo. Were hire not only to talk about the stocks reaction, but it is now be off the highs which had been up 86 . Theres some slower, dumber money i guess twitter people would call it that bought at those high levels. You know, listen, in the positive column i think twitter was not as greedy as facebook. They didnt do a massive offering, they didnt price this thing at some astronomical level at the opening. They got a very good pop. But heres where the small investor should be running away from that stock. Many small investors bought at about 49. Its clear thats retail because what happens is the smart money, which is in at 29, sells, essentially, at the open. It opened at 40. They were selling. And then there was some and all that, all that buying there is probably retail, and as you see, it went straight down, right . Was you robably had liz right, so retail. The people twitter claims they are out there for. At the end of the day, we got another pop. again, that was probably ret

© 2025 Vimarsana