Seems many people want to scream and yell at people that bought FB stock, call them names and basically act like a 3 yr old. Not sure why. If it helps you, I bought FB stock at the IPO price. I still own it. Does that make you angry? You want to yell at me and call me some name? Meh, have at it. No skin off my back.
If some years from now Facebook is gone and the stock went to zero, so be it. If they are able to keep their user base and monetize it somehow and the stock triples in 5 years, so be it. Not sure it's worth getting all worked up over.
But, whatever floats your boat. Different strokes for different folks. Have a nice weekend.
Rational FB traders don't get emotional, we simply came to the rational, logical, conclusion that this company is way over-valued, has no clear, demonstrable, plan, and we are making good money shorting the #iss out of it when the opportunity presents itself. Lately that has been OFTEN. Hope you don't get burned in the "long" run.
I defininitely don't hate you. I pity you being foolish enough to invest in such an overrated stock that had little potential for a rise and a very high risk for plunging to a more normal p/e ratio.
FB won't go under,for now. However it is still worth only about 12-15 dollars a share, with realistic pricing. Unless something dramatically changed in their outlook, it will be hard to lift this turd, until it gets to its true level of worth.
I don't hate you. I just find it hard to believe that anyone was a big enough moron to buy the stock, based on the reality of the numbers. I hope you learned something from your loss. We have all made mistakes, but with FB there was no mistaking it was a billion ton turd.
welcome to my world. i'm long with a average purchase price of $35.21. remember, we need shorts like my backyard needs spiders, lizards and birds to eat bugs. shorts keep the world going. kind of like eating ruffage.
Nobody should hate you, but we might feel - how does someone who does something so stupid get any money in the first place?
And we don't like the fact that you just made idiot, lazy FB employees rich by giving them money for being stupid idiot scumsucking dirtbags.