The analysts deserve credit for knowing a good thing when they see it. Why you are called "knowurtrades" is anyone's guess though.
Just for fun, pull up a year chart and compare Social Media. If you are reading this you probably are too aware that Social Media has been self-correcting, quarter over quarter over quarter. But apparently, Janet Yellen needs a new prescription to see those charts a little better. What she did was so George Bush. If you were in the last market crash, you know that those moments today were right out of the "How to Collapse a Market Handbook" by George W...........He can be such a charming CHARMING Texas guy, too. I feel that somehow Mrs. Yellen walked on my pursuit of happiness today. And her ignorance saddens me.
This is a disaster. What we have to do is ruin our credit to get the job done. I hope with today's total screwup that Yellen gets educated. Most of all, I hope that social media comes back like an SOB.
He said - you haven't missed a payment so you don't qualify for this one. But if you want to borrow $25,000 more, you could apply for that one. And don't you have credit cards that you want to consolidate? I said that my cards were on 0%. He said that that didn't last forever. I told him that I didn't want a bank loan forever also. I feel abused by that system. Today I feel abused by the federal system.
Yes, "flushing $16b+ down the toilet" does sound nicer to me. Thank you very much.
The part about squandering was not very nice.
But we do seem to be on some very thin ice.
(Like the poetry?)
But the part about overvalued is boiling down to a balancing act. When rates start to go up, and stocks start to go down, then traders may be looking for a safe haven. And FB could offer that. I don't think we've hit the stride, yet. It's possible to wake up one morning and see this stock way down. At the same diversifying right now is just the same as putting a lid on potential.
"The trend continues with Citigroup (C_), said Cramer, a stock that's perpetually hated, and with Facebook (FB_), another Action Alerts PLUS holding that seems to be up and down big every week on no news at all. "
This is no worse than Cramer's perpetual HOLD for FB. Maybe he could just dump and forget about it.