Facebook Misses!

xandman said:
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% Good trend trade/TQQQ ,
contains 4.41% FB. Actually TQQQ is still up nicely on weekly charts; but not everyone wants a tqqq topping tail on weekly chart going into MAR,maybe sell season/\ but so far so good:D:DAs of 2 hours to market close, thur.
ALSO have to consider duck duck go has a much better business model/ business rep,+ not so much cens*rship+ negative micro meddling with customer\oops on FB........................................................................................
 
Nine_Ender said:
A trade today would be buy AMZN at these lower levels and close out the trade before 4 pm. A longer term hold just buy GOOG.
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5:1 Odds on this spread for AMZN that it will close at 2600. I expect it to touch 2600 tomorrow.

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I bought a ton of AMZN two days ago :). Thought about flipping my JPM position into GOOG but didn't. GOOG actually hit my buy price last hour but with Oil at $90 I didn't have any free money to add another major position.
 
xandman said:
5:1 Odds on this spread for AMZN that it will close at 2600. I expect it to touch 2600 tomorrow.

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Unlikely. My recommendation was a really good one. Anywhere from -6% to -7.5% today was a really good gamble on decent earnings. Look at their last 5 reports. I really wanted to buy GOOG as well at the lows but got distracted by $90 WTI :).
 
Nine_Ender said:
Unlikely. My recommendation was a really good one. Anywhere from -6% to -7.5% today was a really good gamble on decent earnings. Look at their last 5 reports. I really wanted to buy GOOG as well at the lows but got distracted by $90 WTI :).
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The buy recommendation you made on AMZN has been validated.
 
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