Hang in there doneat420. I know you added to your position at $329 and now it is $316 and falling but it will come back. Too bad you didn't take profits when you had a chance. You know only a rookie would allow a winning position to turn into a losing one.
Maybe there is a reason it hasn't done anything in 9 months. If earnings have been good, why hasn't it moved? What does that tell you?
Christmas rally? Are you so sure there will be one? And why would FB participate?
Six weeks later and, what's this? NFLX back to 329? Who believes it? But only rookies sell too soon, right?. Not doneat. He's still hanging on like a real investor.
Sorry Cash, I'm not the one making unsubstantiated claims. You and others seem to enjoy just making this stuff up as you go along.
I guess you didn't know the company you are investing in is an American company. Those lazy bums.
And here we go again. Wow...how can YOU predict these numbers? I mean where did they come from? Did you pull them out of a hat? Or does it just "feel" that way?
No - not clever. Just an honest question since you were espousing the FB virtues. 20-30 businesses is a lot and the idea that they will be successfully monetizing all of them by 2015 is a stretch. And not just how many but how much. How can anyone know with a great deal of accuracy how these "businesses" will play out. Your bold predictions sound like wishful thinking.
Also you say that analysts have not priced these in yet. If these were realistic ventures on FB's part , why wouldn't the analysts have accounted for them? And how can you possibly know what the "analysts" are calculating. Can you name any one analyst who has excluded any one of these future money-making businesses in their model?
Cash - please tell us what the 20-30 businesses are and how you can be so sure that they will be monetized bu the end of 2015.
Since the "March fundamentals" have dramatically improved, don't you think that by November they're already priced in?
I prefer jock strap support but if Fibonacci works for you, knock yourself out. If you're so desperate as to buy on margin AND you are asking people here (of all places) what YOU should do? Man, maybe you should try playing a different game.