you're still stuck on stupid - I never shorted I was a buyer of FB at 19 and change. Misdirection posts is what you believed was going on. The reality - you're still stuck on stupid. go fish.
Buy n Hold is my game. I did swap out some pfizer when the market was in turmoil dec 2008. I think I sold for about upper 17's and change and used the proceeds to buy SSO which is now a 5 bagger for me but who's counting? BWAHAHAhahaha.
What do you call buying a stock with 82 times earnings and a $196B market cap? These mutual and pension fund managers are gambling with clients money and esp the pension funds of retirees money. Heads will roll when this and all the other US securities will crash.
The NASDAQ high is 5,000 .... some 14 years ago ... does no one think it will surpass that mark again? Of course it will, and with so many new profitable companies listed on the NASNAQ since those days, the time has now arrived.
clockwork - right on cue - still need exogenous event to drive this market down to reality and not the Fed induced low interest rate environ. we currently are in. TINA mkt. is a huge distortion issue and misapplication of capital.
Bernanke is an idiot followed by Yellen. Normalize the rates and see where the stock market goes. Not that I'm complaining - since the latest push higher I already made my 10 year goal - made it 2 years earlier. Thanks idiot Bernanke for QE 2 &3. BWAHAHAhahaha
Mytek are you that ignorant? I never bought SIRI at $9.43. What a dumb post. I bought my first shares at $.18 and added all the way up thru $1.86 and sold at $4. Glad you made money Mytek. Now go enjoy it and stop wasting your time posting here. If you truly made $1.4 million, you must be a very lonley human to waste it here.
Though I'm still confidently long FB, it just seems to make sense that the NASDAQ is going to get hit shortly. When that happens, all the components of the average, both the good and the bad, will fall with it.
I've been hearing about a 10% correction for six months, and it hasn't happened yet. Maybe the NASDAQ can brush that off and continue to hit new high after new high, but we all know that sooner or later we're gonna face the music.
I still rate FB a solid HOLD right now and will be looking to add to my position if the pps falls below $70 when the correction comes. Furthermore, when the correction comes, if FB manages to hold $70 or higher, I'd view that as a super positive indicator of better things to come.
this gets a higher pe than most companies because its margins are so high. if you do not take this into account then your model is wrong. as they steal share from paper and tv much of this will go straight to the bottom line. they do not have to spend as much on infrastructure and other things like companies with a widget. you may think the growth rate is going to slow and i am sure it will. i think it will do this at a slow pace as they are just starting to montize instagram. i see 80's soon