i don't think we get a double before christmas without some huge catalyst. I do think we have $120-$130 stock in FB by April or May anyway.. i hope we are both right..
FB just filled a gap and is headed north again. Instagram will be spun off under it's own IPO and longs will all get shares too.. I only wish FB/Instagram could sell something more than advertising. but FB will be $110-$120 within 6 months bringing it's market cap on par with goog.
Keep in mind that Facebook is more than just Facebook. Look at the portfolio of companies they own and what will be monetized .. Facebook is a holding company.. I'm wicked long..avg cost is $26 2k shares
We have a VERY long way up to go.. hold a position for 5-8 years and have a trading position if you want ..I would say it's ok to get greedy on this one if you bought anywhere under the IPO price
no.. i dont think FB would buy twitter. facebook needs to out-twitter..twitter. I'm long approx 2k shares of FB avg $26 so I am happy.. I think this is going to about $120 by this time next year. I have a twitter account but frankly, twitter is a very shallow venue..built on celebs trying to self promote.. My 18 yo daughter uses twitter for silly banter and then Facebook and instagram for pics.. snapchat is growing quickly too .. twitter, vines, snap chat are one trick ponies.. Facebook is a richer platform that can/will incorporate all those novel features