If you think facebook is worth 100 billion
- Thread starter ChkitOut
- Start date
Hehehe, good one
I think it split 2 for 1. Its $20 now, but I have to call my broker because for some reason, I dont have the extra shares in my account yet. Must be a fluke.
Mission accomplished. If you look at a minute chart you'll see it bounced at 17.58 to the penny, then tested it a littel later. I suppose you might see a bounce the next few days, perhaps.. or not. 
But I think you're getting great risk/reward equation to buy here.
Probably risk 2 dollars, to make 2 or more dollars and maybe 65% chance of success is a good traders equation. Maybe 35% chance it collapses even further before a bounce to that small trading range from august. Or you can buy a small piece and simply average down 2 to 4 times and get your odds of success really high.
<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=3616296>
But I think you're getting great risk/reward equation to buy here. Probably risk 2 dollars, to make 2 or more dollars and maybe 65% chance of success is a good traders equation. Maybe 35% chance it collapses even further before a bounce to that small trading range from august. Or you can buy a small piece and simply average down 2 to 4 times and get your odds of success really high.
<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=3616296>
how's that working for ya.