OK, so I usually invest in energy stocks like CVX, COP, DUK and a few others, also have some NLY, HON, etc...
I've always kicked myself for not going with my gut...in the past I didn't buy Starbucks, Microsoft (grew up in seattle in the early 80's and everyone was talking about Microsoft. So I really feel this is the next big thing.
Don't get duped into selling this stock. Hold for 10 years and my gut is telling me this is a stock that will make you rich.
Good luck everyone!
The road to ruin is littered with the next big thing in stocks....
FB is a fad, they haven't been able to convert their users to revenue...Zuckerburg knew his company
has peaked and he sold it to the public before the trend started falling off a cliff....
Good luck, I see this as the next myspace....A has been...
I agree, holding for ten years might be just too long, but, how about holding these for 10 days or 10 weeks or 10 months? Can't we hold even for one day? That's not investing. Even if you start your own business,you have to give it some time. People were expecting it to pop 30-40% today. When that did not happen, they just started selling. Probably, some people sold at loss also.
Okay, MSFT has returned something like 7500% since 1986, in order for Facebook to do that it would have be become a 7.5 trillion dollar company...I appreciate listening to your gut, but SBUX is 1/3 the size of FB, and MFST is only 2.5 times bigger...meaning if FB could even ever reach MSFT size (unlikely) it will return 250%. Unfortunately this IPO has already priced in more growth than FB deserves. I will check back when the market cap is down to 25 billion.
This will not end well for investors.
Never say never. FB is already making money before they go IPO. How many tech companies have that record ?
Ask yourself, where were you in 2004 ? and did you ever think of this app ? If not, then you're not as smart as Zuckerberg. So another 5 years from now, he may be the new Bill Gates of Steve Jobs.
Who would ever think even in 2006 to use FB ? Everything is possible under the Sun but I don't see FB going away in the next 5 years. Rather it may evolve into something even bigger.