FB and short term memory
- Thread starter marcoPolo21
- Start date
Me too and I go on it about once per month. WTF is there to do over there? Look at your high school girlfriend's ripped husband? Amazing how some people spend their lives there with a gazillion friends, like that funny Toyota commercial. Come to think of it, FB may have something going here for those brain dead teenagers. Buy when they incorporate music 
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it probably won't happen anytime soon, but when China opens up,
you can add 100s of millions of users
they know what they have to do [monetize], and it sounds like they're trying
it may not work out, and it may,
we can't see the future
marc
you can add 100s of millions of users
they know what they have to do [monetize], and it sounds like they're trying
it may not work out, and it may,
we can't see the future
marc
The problem with their new initiatives is that they always roll it out to a few users first and gradually roll it out to the remaining users. I didn't get the Timeline feature until over a year after they first introduced it. Who knows when the majority of users will be able to use the new Gifts and Pay $7 to Promote Your Own Post features.
Good point. Even though I don't use it many people seem to spend a good portion of their lives on that site. There are a lot of opportunities for this company so even though I don't particularly care for the site as an unbiased view the company has significant upside postential.
From a technical stand point the stock seems to have bottomed and a purchase over today's high of 19.96 would be a nice entry, IMO. If you plan to hold long term there would be no stop -- i.e. investment risk is managed through diversification, not stops.
If you are trading it a stop would be roughly 17.50. Target on the play would be in the area of the June highs are 32.50ish. Resistance starts just above $25 so expect a correction there. That could also be a good place to take a partial profit and possible add that position back at a lower price if the stock offers it.
From a technical stand point the stock seems to have bottomed and a purchase over today's high of 19.96 would be a nice entry, IMO. If you plan to hold long term there would be no stop -- i.e. investment risk is managed through diversification, not stops.
If you are trading it a stop would be roughly 17.50. Target on the play would be in the area of the June highs are 32.50ish. Resistance starts just above $25 so expect a correction there. That could also be a good place to take a partial profit and possible add that position back at a lower price if the stock offers it.
Quote from marcoPolo21:
it probably won't happen anytime soon, but when China opens up,
you can add 100s of millions of users
they know what they have to do [monetize], and it sounds like they're trying
it may not work out, and it may,
we can't see the future
marc