No matter how the stock performs, it won't be a 200 dollar stock in a couple of years. No stock of this cap has ever even come close to growing that fast. If your bullish pick a reasonable number but 100 or 200 anytime is not going to happen.
Butterlies and backspreads are better trades through this current mess. I would also bet longer term contracts if you have no short options in your positions. At this point you just want to keep riding your position. Good luck
Cup and handles are not good day or momo trades. Give it at least a few months. Want intraday signals? Use pivots and momo. Good luck
Facebook won't be able to get into China.....No fly on the wall needed. China will not allow Facebook access.
Why in the world would fb buy NFLX? They are not anywhere close to the same business.
Heck they could buy LEN and start building houses. Its cheaper then NFLX and they could create a new division and call it Facebook Home.
The funny thing is my position is not short right now. I do think that FB has some good potential (there is risk) throughout this year but 400 is ridiculous.
Yes, I just said its not about money. I was talking about how FB would not be a $400 yada yada. So what's your point?
Do you have any idea what open source means? This will be a group of companies that are working on this project. FB will make didely squat from this. Even if FB took every nickel that Cisco makes and absorbed their whole market cap of 100 billion that would only take them 1/10th of the way to a trillion dollar cap which would correspond to a 400 pps. Get it?
There is no C&H! This is the most over used technical calls on FB by people who are neophyte chart readers. There has never been and there is not one forming. Stop it with the C&H.
I think FB is a viable company but most of the negativety is based on the we are better than everyone else and the users are sheep statements made by the ceo. He appears arrogant and uncaring to many people. The company had a total disrespect for the investors when they went publi and a lot of people lost money. Facebook also changed its brand when it went public. It went from an admired nice place to participate to a big greedy company.
I am not trying to bash FB but the words and attitude of the company created a bad brand. While FB making profit and doing well it has dissed a lot of people and that could affect how they decide to participate on Facebook in the future and it also created a lot of negativety
I traded GOOG and I traded AAPL, RIMM, TRLG, TIE; CROX, PD, BIDU. I also traded INTC, CSCO, MFST, IOM. I have traded many more stocks with high growth and high beta.
So now a little history and math. GOOG had amazing growth with torid earnings not revenue growth but earnings growth of 85% and 90%. GOOG ipo was at 85 at a cap of 25 billion. It has taken almost 9 years for GOOG to grow 10 times its ipo size.
You suggest that a company with a third the growth rate GOOG, three times the cap of GOOG at its start, will grow 18.5 times (twice that of GOOG) in 3.5 years instead of 9!?? You see GOOG was a bad example. Companies don,t grow like you suggest. The only place you may find a stock that grows like that is a microcap or penny stock. Even yet that would be like finding a needle in a hay stack.
Even in their hey days stocks like MSFT, CSCO , INTC never had the type of growth you suggest. They had caps in the 100s of millions when they started their growth spurts.
The bottom line is 500 billion and 2017 are pulled out of the air and have no basis on GOOG. Maybe if FB currently had growth rates of 150% yoy we could be creating those type of growth modles in our head (but it would still be unlikely as heck). You are spreading hype just like people your complaining about. Think about it.
Look Aaron, you seem to feel angry. There are people on both sides who express an opinion well and that is good for the board. There are also those who are absolute hype on both sides. This is not a football game. You can't hate or love a stock. You also can't a be emotional regarding a stock and expect to make money in the stock market. The emotion and the bias prevent a person from making rationale decisions.
I think you meant to say that in less than 4 years FB will 500 billion dollar stock. At current growth, FB can't come anywhere near that number in the time frame you mentioned. This type of growth for a company the size of FB has never happened or even came close at any time in the stock market's history. You do know that to get to that cap FB would have to grow over a 100% per year and sustain it for 4 years. That is after FB. reported rev growth of 37% YOY with a flat earnings. I am not short nor am I a basher but then again 500 billion in less than 4 years would be astronomical odds.
That is true however I do swing and catch anything I can. If there is nothing playable, I move to a different stock. (I watch about 50 stocks at a time) Mostly what ill do is back spreads for credits if a stock moves a lot in a direction I make decent money if it moves in a opposite direction I also make a small credit. If it settles oe between my short and long options, I lose money. I use butterflies to play stocks flat. I will also play straight spreads either direction and I will leg in and out of positions. I trade time spreads but usually not on stocks like FB.
I used to day trade and momo trade and also tried to catch every bottom and every top.. I have had some big losses so now I try to catch peices of the direction that a stock moves (Also catch stocks flat). I have a bit of a fore knowledge of what's happening because I am behind the change in the trend. I am not infallable and lose my fair share of trades but over all I do pretty decent.
The pe is calculated from earnings are trailing. The earnings are for 4 quarters. Q3 2012 and Q4 2012 were losses this makes the pe high. Q1 2013 replaces a very low number of Q1 2012 so the pe drops a lot. Before this earnings the trailing earnings where a few cents and now it is like 3 times that so the pe is cut in a third. I hope this makes sense.
No I was right. Do you know what a gap is? It went up .57.........and you come here and show your intelegence by making my point. Btw I'm not short so you thank your imagination for the profit. I know your full of bs if you want me to i belive you sold at the hod. You held and it went back down the next day. I know this by the way you make arguments.
Its partially because of a high volume of weekly options being unwound and a little correction.
Why should it be up .69? Just a little correction. No biggy.
If there is a break from a pattern, there is a low point of the pattern and a high point. The low point is the low trigger. Most breakouts happen from the low point. Reads have been a little harder now that algos are getting more sophisticated. I usually play off small trends. I have given up counter trends. I play a lot of option back spreads and butterflies. So in addition to movement ill play implied vol and time. However I still watch for countertrends that produce runs like the recent run on FB. It broke from a big pole and trended to 32. I got in a few days into the trend.
It really doesn't have that much to do with Linkedin. Todays action is just a little correction and the wrapping of a high volume of options.
What happened was the news of the earnings was digested mostly during the day yesterday. There has been very little analyst action and today they are wrapping weekly options which were high volume before the earnings. This has a pull towards the price prior to earnings. Also there is a little correction which is normal.