An $.08 drop you constitute as selling? Give me a break. That's considered flat to neutral. Selling yeah if it went down a buck or two. You are wrong again.
sold. took a $2k loss but made $3k on FB. So it's still $1k. i'll take it. Market acting with irrational exhuberance. Don't trust it. Daytrades, swingtrades are all i can stomach. Think there will be a collapse at some point because a market that rises without fundamentals, is destined to capitulate. wATCH WHt happens when Yellen yanks all liquidity out of the mrket by Oct. My gut tells me Oct will be one to remember for volatility to the downside.
Made $3k from FB, just SOLD and lost $2000 from TWTR. UP $1K. I'll take it. With the 473 million share lockout coming in May and no meaningful news until then, except earnings, too risky. This is NOT the same stock anymore. Time to move on.
Irrational exhuberance. An incredibly up market is letting this baby ride. But what happens when it stops? I agree FB is definitely a great buy but at $71? I'd like to see the stock take a breather for a little bit. It's running up very fast. Sometimes that's not a good thing. It's very easy to get caught up in the Euphoria while we have an up market. But this market is going to eventually get hit as the Fed keeps pulling the liquidity out of it. Maybe not today nor tomorrow. But it will happen. say what you want about my post. For those who criticize me, I have a little poem for you this morning: "Humpty Dumpty sat on a wall. Humpty Dumpty had a great fall. All the King's horses and all the King's men couldn't put Humpty Dumpty together again." ;-)
This doesn't feel right. Tempted to cut my losses and move on.
rejus2000 -- you're poo pooing a 10-20% pullback? You know how much $$$$ we could all make with that? $20 from $100? Geez. You're obviously caught up in the euphoria. Come back down to planet Earth before you get hurt.
Ben-I agree with everything you wrote. But this is irrational exhuberance. Not the stock so much but the market. And when you have an overly up market, all the positive plays rise with it. FB is a high beta stock so it is NOT surprising to see a rise to $71.10 under these conditions. but what happens when the party ends? Not staying in ANY stock more than a day or two for a swing trade. Just know it's coming. Probably NOT when I or you expect it. But there is NO FUNDAMENTAL REASON for ALL markets to be this high. I think as QE unwinds and all the liquidity that was pumped into the market is gone (around Oct), watch out for some REAL DOWNSIDE that could get quite ugly and volatile. Thoughts? Comments? theories how this plays out? I want to know.
TRACEY U R RIDICULOUS... The Ukraine will cause the market to drop? Give me a break. U really are grabbing at straws.