he did,he has a totally separate class of stock.we long termers are still paying off the botched ipo,and will get the bill for oculous,and snapchat and whats app 22 bil in stock our stock not zucks,we have another 6 mos to a year of no real upside,stop looking at it day to day...nothings happening
current retail holders are paying for the intial ipo and last years purchases,fb wont sniff triple digits ti next year
while im long i ve got time to play with this.fb is on hold and has been since oct,we have mos of gyrating with fb.i wouldnt add unless this was in the mid seventies,nor would i sell either
you would think id get this right as those horrible may earnings came as i was driving home from my eldests college graduation.i think it takes time to rebuild,one issue is that the name wygod doesnt carry the same cache with the new analysts as it did years ago.
the ceo has no choice ,reality is that this could hit pinksheet status,at a buck this becomes a cheap lottery ticket,it either gets big or goes to zero.
fb spending is crazy high and there are treendous amount of shares from the ipo as wells the endiong of whats ap.oculous and others lock ups ,all this makes fb swimming up stream,i keep saying rangebound for almost the rest of the year,but see this at about 120 12-18 mos from now
how bout the simple reality that fb is stuck in a range bound area and has been,its got some headwinds the rest of this year and this year is a lost year for fb
i wonder iof wbmd is still reeling from trust issues from 2008,a lot of pros got really screwed,by faulty guidence etc,than theres the matter of this being controlled by one guy.i just see a lack of interest in what is a big brand
this is not going to 90 til late fall if than,its locked in a trading range and when this stock mkt corrects so will fb,right down to the lowest part of its trading range low mid 70,i do think things get better but facebook is a 2016 story
bingo,fb is no longer a momo its a longterm investment and i wont be surprised to see zuck create a small dividend,which would codifi this as an investment
fb has been rangebound and theres no reason to believe that this changes til 2016,theres a lot of shares coming to mkt here
175-180 i assume an earnings slowdown a few major mkt corrections and the tremendous amount of stock coming to mkt the next few mos,
right the stock broke to 85 plus and promptly retreated back to its range,any reasonable chartist would see that one day break as a abberation,considering it happened on or about the earnings event,we are still in fact in the trading range.cash fb is a buy it and forget it stock,ive had it since 23,and im frustrated with the last 7 mos or so,but i think we trade in the 75-85 range unless we have a huge mkt selloff.i really believe 2016 will be huge,i wont be surprised to see 120,and im assuming nothing the resty of the year
you can rest assured that had we not had the major up days we had the last 3 we would be well under where we are and even this moment we are red..this is a very weak stock,great outlook a year from now but this year could be a lost year,ill be curious what happens next week when we have some corrective activity