You are a witness to accumulation. Don't sell. This will not get much above 27.50 this evening as the banks are in control. But tomorrow the banks and us will make money. Buy the the rumor sell the news. JMO
YELP market cap 1.6B stock $28. FB m/c 65B,stock $27.How do you guys think?For me All in for 2,3 years,because this company will go quickly than you can imagine.AMZN took long time to get here now because they are not so good like FB,it takes so long for AMZN to make money.
What I am witnessing is an accumulation of more hype and BS surrounding FB. All these "Big Announcements" about new ideas and products along with CNBC pumping this thing no end and what do you get quarter after quarter.....in-line earnings at best with out of control spending. This stock will be in the low $20's later on this year. This company has become a commodity with much competition now. There are no 18 year olds clicking on their ads.
And most 21 to 27 year olds are finding it hard to get a decent-job these days; perhaps their parents will let them stay a few more years in the basement, but will continually fund their clicking-habits on a 4-inch LCD screen all day long ... those days are coming to the end in this age ... and fast!