Market Blog » The Arora Report Stock Market News

Back Up The Truck And Buy Facebook

January 30, 2012

In response to my recent article, ‘œFacebook IPO Is Nigh, Should You Buy,’ I have received a large number of emails asking about supply and demand in. We will not know the numbers until the filing is made public, but here are my qualitative estimates. Facebook may sell 250 million shares at $35-40 apiece. It is too early to know the demand for the shares precisely, but it’s not too difficult to make a reasonable estimate. At The Arora Report, our estimate is that 3-6 million individuals will be clamoring to buy these shares. If 5 million individual

Facebook IPO Is Nigh, Should You Buy?

January 29, 2012

A number of media sources are reporting that Facebook will file for an initial public offering next week. Apparently,Morgan Stanley is to be the lead underwriter. Goldman Sachs is also expected to play a major role. Facebook, with its 800 million members, has become the new standard platform for communication between people. The IPO is expected to raise about $10 billion with a valuation of at least$75 billion. By comparison, Google (GOOG) raised $1.9 billion in an IPO with a valuation of $23 billion back in 2004. Previously the largest technology IPO was done by Infineon (IFX), a

New Siri Patent Paves Way For Apple Stock To Run To $1,000

January 27, 2012

On October 12, 2011, I started a series on Forbes titled ‘œFuture of Apple.’ The first article in the series was ‘˜Tim Cook’s Leadership Determines Whether Apple Hits $100 or $1,000 Next‘. Now I have come across Apple’s plan to become a $1,000 stock. Obviously, the plan is secret and Apple did not give me access to it. I was able to connect the dots from the gobbledygook contained in an Apple document. The document is United States Patent Application 20120016678. The document is purported to be a simple patent application for Siri. On

Be Prepared To Sell Your Soul If You Use Google

January 27, 2012

Yes, I admit I use Google (GOOG) products. Much has recently been written about the new privacy policy from Google. The discussion in media did not bother me as I thought I would easily deal with privacy issues. Then I, too, received my Dear Google User email. The email starts out by claiming it is about privacy. The email itself is benign, however buried in the links is a bomb. Now Google has made it mandatory for you to sell your soul to Google if you want to use its products. I am not referring to soul in the religious

ADDING TO GOLD (GLD)

January 27, 2012

Adding a 5% tranche to gold (GLD) right here at $169.

ADDED TO GOLD (GLD)

January 27, 2012

Added a 5% tranche to gold (GLD) right here at $167.48.

NEW TRADE ON GOLD (GLD)

January 26, 2012

A new 5% tranche short on GLD right here at $167.82. The plan is to build a new short position in GLD starting with the last entry. The plan is to build the position slowly if gold continues to go up all the way to $1825. Our stop zone will be $1826 to $1865. This is a medium term trade and the risk of loss is high. Those holding an existing short position in GLD or gold futures may want to adjust their position based on the principles taught in Bullet Proof Your Portfolio seminar or in the alternate, by

The Federal Reserve on Gold and Silver

January 26, 2012

The Federal Reserve on Gold and Silver The Federal Reserve does not directly comment on gold and silver. For the first time in the living memory, the Fed sent a clear signal to sell gold and silver. The market participants did not listen and ran both gold and silver up. After the 12:30 pm EST announcement from the Fed, gold ETF [s:GLD] and silver ETF [s:SLV], gold miner ETF [s:GDX] and popular miner stocks such as Newmont [s:NEM], Barrick [s:ABX] and Silver Wheaton [s:SLW] saw explosive buying. Famed investor Benjamin Graham, said that in the short term the