I think the FB idea pushed this stock up past its normal limit and kept it there while all else was crashing. Now that reality has set in we should see a return to normal levels and limits. Oddly enough the deal that brought them the FB shares as part of their payback shows how well mgmt finds good companies and makes profitable deals with them, earning a very good return without excessive risk. They deserve a pat on the back for their good work in general -- not just because of this one rather minor investment.
Hope for an over reaction so we can buy in at a profitable point. YEAH!!
I will give HTGC a week at this point. 3 billion shares was supposedly to be sold off. 307,500 shares from HTGC to have profit transfered here. I went in on the high as the chart showed stability and the dividend raised Europe is tanking our economy through the European markets being tied into the American markets. Greece and Spain are to blame on top of a 2 billion dollar goose egg from JP Morgan Chase. I will probably park 1k into FB and HTGC. All markets being down you have to be careful. Evaluating the number I think FB is a great buy with bad timing of circumstances surrounding global financial news. It actually benefits the small investor.