You should find someone to invest your money for you if you think FB did not have good numbers.
AAPL did not report bad numbers either.
And what does that have to do with the PPS movement of FB? Cramer is not the CEO of FB.
I have done well in this stock by not listening to the morons who have been on the right side of the
trade. I will continue to hold as long as they keep growing and innovating. I don't need yours or Cramers advice to do that.
as soon as the 93.5 calls are wiped out.......my guess, by ~2pm eastern.......fb will close at or below ~93. longs who will swoon and shill on fb on a friday should find an improved way to spend their time.......lol
I'm bullish on FB, but I don't find that argument compelling.
The chart tells a tale of the past
Thinking that a stock that has gone up well, must continue to do so
the the first pitfall of investing
"past performance is not a guarantee of ..."
Actually, he said 8% and if you can't from high in this run up to low, it was about 8%.Now it will move up and do it fast
Sentiment: Strong Buy
Thank you, I'd call that two weeks.
I'm not surprised.
His mind has a large amount of RAM, and he's industrious.
But I've never considered him to be a real thinker--he's a feeler.
Mostly I see him "justifying the move" of the past.
David Faber, on the other hand had a nice piece in Feb(?) or so of that year
where he basically called many valuations crazy.
BTW my position here is fairly conservative, I have a Jan 17 call spread, which is OTM, but not by much :) I'm a bear on NFLX, where I was a bull in 2012, and I'm undecided about the market as a whole. I think I'd be a buyer of gold at $800...
Low was yesterday imo. No 10% correction this time. Market not that dumb. Seen it bounce back from those corrections sharply.
I am coming back to the stock when it has a 10 percent correction. which it has every quarter