Sat, Nov 29, 2014, 12:38 AM EST - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

American Capital Agency Corp. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • xxavatarxx xxavatarxx Nov 27, 2012 2:31 AM Flag

    OT Facebook

    Doc doesn't this work based on Olee's thinking?
    a) They seem over-bought
    b) Dec 25.50 Puts for .35 - .40. Close today was 25.94 .
    c) Hope they drop.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • My silly goose.

      FB is fairly valued at 19, which is why I didn't short FB during the big lockup even though many others did.

      Now how high will FB go? IPO price? No, there's a reason why FB dropped like a rock after the IPO, everyone thought it was way too expensive.

      30? Maybe. Even so, FB dropped from 30 to 20 in a week.

      Still this can be a bad trade based on timing alone. I was right about shorting AMZN at 259, I was just off on the timing.

 
AGNC
23.075+0.025(+0.11%)Nov 28 1:00 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.