I'm not crying but it sure sounds like you are. You know what your mom said about calling people little girls? Remember, it is not adult like. Yeah.......don't spend so much time on the computer. I won't tell your mama if you don't spend all day on the computer.
You are wrong because it went down. The big trading parameter yesterday was volume. Yesterday was a bull run but with low volume. The chart has to confirm to remain in an up trend. It went down and finished red. If you tried to buy this ah yesterday and make money on your advice, you would lose money.
Trading is not about arguments. It is about making money. Your posting a million posts and they really have nothing to do with the stock. I am not trying to be harsh but I have money in the game and I am trying to make more than I lose. That's the game and that's it.
Thank you. I have been stubborn before and lost by holding onto my trade ideas no matter what is happening. I hope your doing well in your trades.......It looks like you are. GL
Your funny guy. Since when is down bullish? I have traded for many years and you can see how far back I go. You are a noob.
First lesson is you can't trade if you have a bias. You will try to find information to support your bias.
its not looking like it. Its trading on correction of a false rumor. It could go green (could go red also) but 49 is ways out.
Was the volume bullish? Is the premarket bullish? You are wishing for the stock to go in the direction you want it to go.
Facebook won't buy BBRY. There is nothing but couple month old news where Facebook decided not to buy. It would be a negative for FB.
They have a 10 day target which is 7 trading days for almost a $10 gain. Their ananlytics don't seem to mesh with FB's current chart. It would need a huge catalyst to run like that.
The hammer is off a two day uptrend. Its not a bullish hammer because the counter trend is negative. I don't think it portends much. Either the accumulation starts next week or there will be more choppy crud with a downward direction for awhile. Window dressing won't be until about a week before Christmas.
Black Friday is not usually an up day. 2011 was not good. It could be up or down but there will be no relation to Black Friday. 48 is a bit high target don't ya think?
I would not swing trade Friday....Its a #$%$ shoot
WMT has a price to sales of .55. I know that WMT has nothing to do with FB's price but neither does TWTR. Stocks don't trade out of fairness......They trade on their own volition. A PS of 16 in the world of stocks is quite high but FB doesn't trade on a value metric. It trades on a growth metric and FB and TWTR have different growth stories. TWTR does not make FB valuable.
You can't lose money in the process but it can cause you to lose money.........If that makes sense. If you need to sell because of a fast drop, you can't just have a stop because you will need to close out your calls before you can sell your stock. It also limits your gains to the strike price.
I am not going to say it is good or bad......you have to play it around your conviction. If you think the stock will be flat or in a range it would be good. However, you could also sell the stock and reinvest later. There are many different option plays that seem like they produce free money. If you write covered calls you may be forced to hold onto your shares through a quick drop and you will not realize gains above the strike if the stock goes higher than the strike of the calls you wrote. Covered calls can be a good income strategy for stocks with a low beta........An example would be MSFT. The risk, however, is low provided the stock does not move down fast. Good luck
It is one word!. What is your point? Are you trying to be the spelling cop?
That's what she's suppose to say. She's the COO. It doesn't clarify anything.......good bad or otherwise. Besides the stock is not behaving the way it is just on the words of the CFO. FB doubled in one quarter and stocks don't go up for ever.
I apoligize for the late reply but I have been away for a couple of days. I believe that FB will hover around 50 (46-53 range) until Thanksgiving. This crud will remain for a bit with lower volumes and a directionless conviction. I think there could be a new trend after Thanksgiving when volume picks up a little bit and there is a little distance between whatever caused the current drop (whether it is the CFO or just a correction). I don't believe that it will have the same momentum going into Christmas as it did at a similar point last quarter.
I think we will see low to high 50's at the end of the year unless something bit is announced like an addition to the S&P. I do think that it could see low 40's if the trend is downward after T-giving. I do, however, think this is less of a possibility than 50's.
I think the flow of big money will dictate the direction because momentum has waned. I don't have a solid conviction right now so that is why my target is not solid. It should be clearer after Thanksgiving, though.
Thanks for the great compliment and I believe you are prudent smart investor. Good luck on your trades!
You mean the average person stays longer on Facebook as compared to Google.....Right? That is what your quotation is showing.