You could be right about FB "crashing". but this is not a 1990s tech bubble. At that time you had companies that had never made a dime but that is not the case now.
I am not a trader but if I were, I would track artnuts and always do the exact opposite of what he suggests. Maybe I will start, my buy and hold method gets boring at times.
That reminds me of when I was a kid in the early 1940s. At that time there was still a few horse drawn wagons in town and I learned early not to step on the fresh ones. We called them artxxx apples.
When it breaks, it will be lower? Wow, you are a true genius.
The problem is he has no understanding of what FB is for investors. It is a rapidly growing company, somewhat speculative investment. Looking at a two year chart an amateur can see it is a rapidly growing company. The trend over that period is up, always up with a few pauses and declines over that period. With every pause or slight decline the inexperienced artnuts screams crash. The behavior of the share price, rapid increases followed by small declines, is normal and expected by any seasoned investor. What artnuts needs to do is move into bonds and maybe a few utes. There is nothing wrong with that for the inexperienced such as Artnuts.
Further proof art is FOS. People that know anything about this company know that Zuck can only be fired if he fires himself. The reason is obvious to anybody.
He does seem to be running behind schedule with his $9 in 9 days. Of course, he could make it. In 35 years I have seen worse. His IRS nonsense confirmed he knows absolutely nothing.
I read a story today that said Greece had defaulted in a debt payment. Maybe the Krauts will bail them out, I don't know.
You really need to see your family doctor and get a referral to a mental health specialist.
It is pure ignorance with a childish desire to be noticed. A classic example is his months long drivel about IRS audits. Those audits are routine and are conducted every year on every large corporation and yet he beat it to death. It is attention he wants just as a young child want attention. I am expecting a full blown temper tantrum soon.
I know he is not a paid basher. Think about it, if you wanted somebody to talk the stock down you would not hire an idiot, would you? You would get somebody that is knowledgeable about equity investments. With every message he posts he confirms he knows nothing.
Rising interest rates scare me too. I am pretty heavy in dividend stocks and I know rising rates will do a number on me. Still better than CDs though.
I think you are right. I didn't own anything in the energy sector before today unless you count utilities. Just thought I would diversify a little more. That dividend is pretty fat, I hope it is safe.
I never use margin. I don't even borrow money to buy cars. In 35 years I have never borrowed a dime to buy stocks. My comment was meant to be humor.