The stock broke the trend line, next is the neck line. Next stop is 40. I am not buying back before.
I had 100k options bought in May for cheap. Sold everything last two weeks. Dead money for now.
FB is no longer a momentum stock. Big boys dumped the stock. FB can't hold his gains on on any day. it will always have to prove that growth is sustainable. That's a warning sign. Ads rate won't go up, video ads are not coming. Has FB reached a tipping g point.
I sold most of my position and will move on to other stock. It might lose altitude for a while.
ACT keeps reporting stellar revenue and earnings growth but is trading at a very low PE.
I wonder what is holding it down. Anyway at his price someone should step in and buy this company.
Earnings growth 50 times earnings it s/b at $400 minimum.
Arbitragers at your pen!
Looked what happened to AMZN the same thing will happen with FB.
Revenues will keep growing as they find new ways for people to do everything on FB.
$300 might come earlier than you think
I think the selling by insiders might be related to the government shutdown and the debt ceiling issue. Being prudent with so much money at stake is wise. I would not change my views on the stock. This is a $300 stock. IMHO
Sentiment: Strong Buy
I ended up buying back at higher price so I say hold onto you position specially before earnings becoz
it is getting better every week.
Every week good news come out. Deal with Google and possibly Amazon that is huge.
If we only get 2 percent from Google that is 1.2 billion more in revenue
Instagram will be a cash cow
They say we are in early stages of mobile advertising and FB is well positioned as reported by ad agencies
Keep the faith!
Estimate is 0.18 and did 0.19 last quarter so that would really be .06 more than last quarter or a mere $144 million more. That's nothing worldwide considering that mobile advertising is just starting and has tripled so far this year.
Sooooo a .07 beat means .28 on a yearly basis rounded up to .30 (conservative) with a PE ratio of 50 (conservative) that means and instant 15 jump from $ 50 to $70 by november.
And next quarter Instagram, China, $1-$2M video ads!!!
Buy on dips.
FB has 700 daily million users, GOOG 130 millions
where do you think the money will go?
Obvious FB will capture more as can be seen in last quarter where
FB revenues came in higher than expectations
GOOG came in lower
No Brainer ONE STOP SHOP for FB users