You are so right and speaking to the choir. I'm sick of company fundamentals having no baring on stock performance. Hey Zuckerberg. Get off your high horse and give the retail investor something more than this. This sucks.
Me thinks u r right. Just in time for the holidays. But do we see $120 before the New Year? For me, that's the big $$$$$$ question.
hey timewarp. The voice of reason. $120 has nice to ring to it. Is it a holiday tune? Or do we have to sing Aud Lang Zyne instead and wait for next year?
After a blowout earnings report, this stock's share price hasn't done much. I don't understand how AMZN and NFLX can have these huge runups with less of an earnings report and FB barely moves? NFLX went from $100-$125 in just a few weeks? When will FB do that?
Fun fact: In 2004 GOOGL stock was issued at $84. In 18 months it was $350 per share. 18 months after that $700 per share. FB will be much more to billions of people than GOOGL ever was.
See CNBC story chinese-factories-post-surprise-october-contraction
So if you believe what CNBC says that FB could fall to the 50 Day MA which is $94.11, why say you will buy at $98?
Put an order in for 52 week low at $5.31 then get ready to buy below $5. S&P will break 2140 all time high soon. THAT is when I would back up the truck and buy 50,000 shares, at any price below $5.
It feels like our markets want to go up. I think it comes down to Apple. FOMC maybe any hawkish language but there is no way they will raise interest rates. Would you sell now if you could get out at least even?