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Were learning in the wake of the shocking ipo yesterday where buyers seemed indifferent to the share price if you wanted to buy snowflake, you had to sell something else, which triggered a selloff in the nasdaq, and that spread today, with the dow dipping 130 points, and the nasdaq losing 1. 27 . A lot of people call into question what theyre doing paying such high prices. We saw the spectacle of a stock trading at more than 100 times, not earnings, but sales. Dont get me wrong, snowflake should not be about making money, it should be losing money. It makes sense for management to spend fortunes to dominate the cloud Data Management business you want to win, youve got to spend. Snowflake is not the issue, though the ceo will do everything in his power to deliver for shareholders hes got an amazing track record i totally understand why people are willing to pay for the nose for his stock. I liked it even as high as 125 but i jumd ....
Its not going to do any good. The house prepares to vote on the republicanses new health care bill. Why do you think it passes . Because we have enough votes. I dont think anybody here believes were getting this right. I have to be honest this process to put it bluntly is a [ bleep ] mess. James comey defended his decision to Tell Congress of the investigation into Hillary Clintons emails. It makes me mildly nauseous to think we might have had some impact on the election, but honestly, it wouldnt change the decision. President Obamas National Security adviser is refusing a request to testify on russian meddling in the election. Theres no evidence that susan rice did anything illegal or inappropriate. Ive never seen anything like this. There were fish swimming across here. A new round of heavy rain is pounding ....
S itlikein admistering cough syrup to someone who has stage 4 cancer. Its just not going to do any. Good the house prepares to vote on the new Republican Health care bill. E have enough votes. I dont believe anyone feels were getting this right. Ive got to be honest with you. This process is a [ bleep ] mess. Fbi director james comey felt compelled to tell of Hillary Clintons emails. It makes me mildy nauseous that i might have affected this years leekz but honestly i wouldnt change myde oncisi. Theres no evidence that susan rice did anything illegal or inappropriate. Ive never seen anything like it. There were fish swimming across here. Heavy rain in the midwest and south already ravaged by flooding. The ground cant hold any more water and any could bring about a flash flood. Prince philip will no longer carry out public engagements. One brewery is selling a 1,000 pack. ....
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