__________________ They said, "After we turn into bones and fragments, we get resurrected anew?!" Say, "Even if you turn into rocks or iron.[17:49-50] |Wiki: Cold Fusion occurring via quatum tunnelling in ~101500 years makes everything into iron.
How much did u get fb for? From the looks of it not too many keen on above 100 b .... this is a good thing, sensibility is there..long is good.
I will stick to original plan if goes toward 70b with market down will purchase.
BTW, the best stock on my portfolio so far has been V... I bought in soon after IPO and averaged out at around $59 and just held on... almost doubled my money now.
They priced the IPO price wring. I don't how they were valuing a company more than 100b with only 4b annual revenue. Also them paying for instsgram for that much money I thought was poor choice.
Fb stock movement would have always been on speculation while the early investors try to cash in. I think the stock would have some momentum if they priced it lower. Over 100b (which is a generous speculative, hyped up price) would always cause problem. Ppl are not stupid why would anyone pay more for a company that they are saying is "worth close to 100b". There was no upward potential.
I don't think it will crash or anything, I think their strategy was wrong.
Originally Posted by iDumb
They priced the IPO price wring. I don't how they were valuing a company more than 100b with only 4b annual revenue. Also them paying for instsgram for that much money I thought was poor choice.
Fb stock movement would have always been on speculation while the early investors try to cash in. I think the stock would have some momentum if they priced it lower. Over 100b (which is a generous speculative, hyped up price) would always cause problem. Ppl are not stupid why would anyone pay more for a company that they are saying is "worth close to 100b". There was no upward potential.
I don't think it will crash or anything, I think their strategy was wrong.
i somehow resisted myself from buying fb today. it is priced at my type of level now but the prob is i would be trying to get under a falling knife......
in other news, rimm goes further down to oblivion.....
Originally Posted by iDumb
i somehow resisted myself from buying fb today. it is priced at my type of level now but the prob is i would be trying to get under a falling knife......
in other news, rimm goes further down to oblivion.....
You could see this happening for years in advance. The stock was overhyped and overvalued in an environment where almost everything else is generally bottoming out. Great for whoever got in with a view to going short on this stock. Terrible for anyone who thought that this would be holding its value.
The only ones who profited greatly from this are probably the investment bankers and lawyers who made the suckers around the world swallow this crap. Over the long term though this stock might have some good left in it, tricky bit will be to identify when this stock hits it's medium term support level.
fb mobile revenue up. share up 15%... this maybe the turn around point.
aapl with mini ipad release dropped few insignificant points.. those who owns aaple share i dnt think give a damn.
dow worse day last 4 month....if 100 points drop tomorrow am..i want it to be beaten it down to 12500 in next few weeks....i am itching to get back in....my money just sitting idly losing its value.
i feel depressed when market goes up and i am not part of it but ecstatic when it goes down while i am in sideline.
Originally Posted by goru
Yeah, that is probably true... since there's only been 3 or 4 days in the last 3.5 years that I've actually done any buying/selling.
u did the right thing with that stock not trading.
but i m still a better long term investor than u too. lol
but u may be better than most here...not me...i m the king!
Originally Posted by mufi_02
I don't know whether to invest in stocks, mutual funds, or something else. Someone told me to look into penny stocks but that looks like a scam.
here is a short version, my opinion, experience of 15 years of market experience:
Index fund etf > mutual fund
Options trading of established companies > penny stocks
diversified multiple stocks safer than individual stocks but
the right individual stock like aapl TRUMPS everything else.
Or you can be like me... know everything about 2 to 3 stocks COLD...from fundementals to technicals to when the ceo has diarrhea... and trade the **** out of it...you wanna choose a stock that is well known, has high market cap, high daily volume.... but also has a decent swing..... then you look at overall market, and based on sentiments decide when to go in and get out...