well FB juice will take it up...target 90 as of now...
will see how it reacts on equity sell off (if that comes!)
bought 1/4th of final size
accumalting LNKD above 75 here
Started by
andiron
, Feb 03 2012 01:44 PM
1 reply to this topic
#2
Jhoe
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- Traders-Talk User
- 481 posts
Member
Posted 04 February 2012 - 08:35 AM
well FB juice will take it up...target 90 as of now...
will see how it reacts on equity sell off (if that comes!)
bought 1/4th of final size
Just curious as to why you're getting in now, considering your theory, as opposed to getting in at the $65-$70 area? I ask because I bought the name myself, starting at $69, added second half of position at $66 and change, all in anticipation of not only the FB hype but a "C" leg up after the initial move from $60ish. Now we've almost completed an ABC, and I actually started getting out friday around $77. Still have half on, think it gets to 84-85 this week where i'll be getting out completely. I guess what I'm wondering is if the theory was FB hype, and I fully share that view, why not be buying it hands over fist when it ran down to $60-65 2 x?
