This company is just getting started. Janney is like the rest of them - scared - as they have been from Day 1
The NASDAQ high is 5,000 .... some 14 years ago ... does no one think it will surpass that mark again? Of course it will, and with so many new profitable companies listed on the NASNAQ since those days, the time has now arrived.
You are forgetting that Greenspan raised interest rates at every fed meeting all the way up to 8-9% - that's what killed CSCO's growth.
Classic payoff for a long position
And when did AOL ever make $15 billion per year (2015 easy estimate)
Of course FB is bigger than ATT, who struggles to be relevant in the IT world.
Let's see how investors like it when the stock price hits a glass ceiling.
FB provides the world with their own website and communication platform and makes it happen seemlessly .... like walking into a room and turning on a light switch .... it should be one of the biggest companes in the world.
Ur right, it changes all the time, but it's close .. $180-$190 may do it, if just for a moment in time.
I think we can get to $179 ........ hold onto your shares.
Hopefully,breaking through the 70s won't take so long.