Just saying...
This is like the IPO all over again, everyone all hyped up on mobile.
Meanwhile read the numbers on mobile and smart phones.
Cresting, FB was late to the party, and it's close to commoditization.
FB has a bad track record of holding premiums...
Started by
SemiBizz
, Jul 25 2013 11:08 AM
5 replies to this topic
#1
SemiBizz
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- Traders-Talk User
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Volume Dynamics Specialist
Posted 25 July 2013 - 11:08 AM
Price and Volume Forensics Specialist
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#2
orange
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- Traders-Talk User
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Member
Posted 25 July 2013 - 11:36 AM
Just saying...
This is like the IPO all over again, everyone all hyped up on mobile.
Meanwhile read the numbers on mobile and smart phones.
Cresting, FB was late to the party, and it's close to commoditization.
With a PE of over 700, sounds like a great buy!
I am still surprised this stock still hasn't dropped to $10 yet.
"When your position is underwater, average down" - Professional Trader
#3
CNSZ
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- Traders-Talk User
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Member
Posted 25 July 2013 - 12:16 PM
Just saying...
This is like the IPO all over again, everyone all hyped up on mobile.
Meanwhile read the numbers on mobile and smart phones.
Cresting, FB was late to the party, and it's close to commoditization.
With a PE of over 700, sounds like a great buy!
I am still surprised this stock still hasn't dropped to $10 yet.
700 is a pretty good number if you compare it to AMZN. making no money for 15 years, but stock price just keep going up.
#4
SemiBizz
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- Traders-Talk User
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Volume Dynamics Specialist
Posted 25 July 2013 - 01:00 PM
Friend mentioned that basically the MSFT and FB trades are about the same price and volume levels...
I guess you could look at it as old money selling MSFT and buying into FB...
Only when they sold their MSFT they took a $5 haircut, and then if they bought FB, they paying $5 "hot money premium" for it, so really they lose $10 on the trade round trip...
Price and Volume Forensics Specialist
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#5
PrintFaster
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- Traders-Talk User
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Posted 25 July 2013 - 03:55 PM
Obviously, some big money players loved the news.
World record volume of 350 million traded in one day, wow!!!
I guess according to SemiBizz, this is going to be one case where price does not follow volume, LOL....
[attachment=21319:fb0725.png]
World record volume of 350 million traded in one day, wow!!!
I guess according to SemiBizz, this is going to be one case where price does not follow volume, LOL....
[attachment=21319:fb0725.png]
#6
SemiBizz
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- Traders-Talk User
- 23,208 posts
Volume Dynamics Specialist
Posted 25 July 2013 - 05:28 PM
As usual, your volume remarks are incorrect, including the one about World Record volume on FB...
The comments you attributed to me also indicate your lack of understanding of volume methodology.
Keep trying to bust balls, I noticed your page views are really dropping.
Price and Volume Forensics Specialist
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
