sorry cobra, i feel ya.
remember, the market can be irrational longer than we can stay solvent.
in my opinion, if there is going to be a jump in the shares on the facebook IPO, it will happen right at the end of the trading today today as shorts cover to reduce risk for any facebook pop above their IPO price. if there is no pop, they will flood the shares again and slam it down. So i'm expecting the shares to go up today from 2:40-4pm, and continue going up in the after hours on shorts reducing risk.
I told you inflationary and irrational selling they are selling your shares my shares shares that arnt even buys you cant win... Its impossible I did the math they made it fundementally impossible to gain because they are trying to give validity to their money and doing so buy selling however with no income it can only go down.
It would take a enormous purchase to offese the " Dead Beatidness " of this I am saying 1-2 billion just to make up for whats been over shorted already.
bought a lot at $9.21 then $8.79, then $8.50.
ill watch and see if i want to re-enter, it just not moving, and it could plunge for the worse.
but I'm a small time trader, i buy here and there when i feel the time is right.
I told you I bought May 3rd and I counted every real buy and sell since their and the average for all buys now is 8.22 its what your seeing yet they are still shorting to force a negetive equity position.
They have no longs in the float they force a short position so give validity to their cash positions to pay staff because they have no income hence the dilution of shares and constant lower stock price.
It would take a massive investment of over 1 billion to even make a dint to where this float should be and hold... you know buy and hold like I did yet because when I buy instantly 2 idiots sell I cant ever win.
You know JR. HIGH was very difficult for me. Always 5 or 6 differn't groupies all following the same cult like leader. Yelling at me. Screaming, Insulting, the principle thought I might consider suicide. I was constantly beaten up and pushed around and threatened daily.
Zynga reminds me of this. Since May, 3rd all these millionaires and billionaires seem to have to gap down .80 to 1.50 to use this money to trade on the inside it seems having nothing of there own incapable of clearing.
do you think tommoro this might return at least the same capital that entered? Or do these 5 to 6 losers still team up on me with not a brain in their head and expect they can do whatever they want?
This really seems like Jr. High all over for me you know. Ignorant no respect for fundementals always someone with their hand out. No profits no real income model.
I hope facebook has some money after tommoro. These idiots obviously cant even pay their bills they need my rupees so bad.