studing ACG versus the T-note 10 year five year curve....it suggests a bottom of $6.30 and juming to approximately $7.50 even as 10 year treasuries move to 4%. No-one knows the future. I just happen to enjoy studing patterns.
money follows logic. Netflix, Amazon and Apple followed surprise/no-surprise. Facebook is still in the penalty box and boring. However, they are doing their job and I'm staying long. The bigger issue is that the market is ready for a 5% drop. I'm getting cash ready.
Think thru CNBC and others speculating about all the grand possibilities. FB is learning how to play the stock tricks.
FB is all the good things the posts and pundits say. However, technically you are at risk with this stock, at least short term. An article said last night that "both longs and shorts are nervouse about FB." I sold my FB stock and reinvested in INTC and AAPL. If FB tanks (???) and INTC and AAPL moves up (???) I will switch course. Right now there is too much positive news priced into FB. I understand we're all addicted to the FB game. However, money is money.
FB is a momentum trade. Fidelity still has FB as a sell. The rating is 1.5 out of 5 (really bad) They will post as a buy when it hits $50. I'm bullish. FB will see $50. Just don't know when.
Re: List your favorite bagholder lines!By tung_5000 . Aug 3, 2012 12:17 AM . Permalink . Go to topic
.I lost $_____________ on Facebook. It's a long term investment. But my broker recom...
I lost $_____________ on Facebook.
It's a long term investment.
But my broker recommend me to buy Facebook.