no point of being bitter, doing the right things in the future. Do not put all eggs in the basket on FB. It may be a google in the end, it all really depends on the business model they take, and no ones knows for sure what is the right model, as all the right prophesy can only be claimed in hindsight. But as investors, we float on the ocean, you just have to watch the tide to survive. God has no mercy on the hard-heads.
to be fair back then many analysts were saying facebook was worth no more than 10-15 a share. If next earnings report is not as expected this stock can retreat quite a bit. On the other hand if it continues to show very good results it will go much higher. Investors want to be in this stock. I think fb will continue to rise over fifty up to earnings date. Tough decisions come at that time for many.jmo
Buffet says if you are not willing to hold on to a stock for 10 years don't buy it for 10 min or sec. I like FB more now than I did when it was $18.00. I feel we wont see this stock below its IPO price ever again. And remember always put a sell stop order. That way you protect your money. I am a new investor and everything I buy has a sell stop order and as the stock rises I increase the amount to protect profits. You will never get screwed that way. So I don't know what these shorts are talking about when they say I will lose my #$%$.
If you keep a stop order on more than a day and the stock opens 30% lower you will get the opening price. Stops are only good for intra day use and many times you just get stopped out and the stock closes higher. I guess you can live with that, but gapping down the following day can be hard to swallow.