should drop hard sell in may go away
its already falling though! because from mid May the price will plummet big time. insiders will sell like crazy to the new baggies!
because in 5 years time this will be at least 40 while the FBs will be halfed :-) stocks trade in cycles! this is a tech bull market
alca is a long time buy but a short term short. check also in americanbulls! i am short and think of a sell off is coming. would be great to see 3 ish i will buy and just hold tehre
imo its pricey! ok! stock moves for 3 different reasons
one clever person once said if 2 can be ticked off its a hold! as a rule of thumb
for the time being momentum and technicals are in favor for Fb. valuation can be argued. as long as the numbers fit and the general markets hold FB will be up imo. if not FB momentum will turn and negative to the other extreme! As simple is that!
simple answer! they are not in favour now. Tech is! buy when no one is talking about it. who talked about oil and gas from 2002 to 2008? during the run up no one! they were talking tech when all was decling! bottom line! media only talks when its up! buy now for the next bull run. if you buy now u will have a nice stress free annual return in 2020!