FB has a bad track record of holding premiums...
#1
Posted 25 July 2013 - 11:08 AM
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
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
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
Posted 25 July 2013 - 01:00 PM
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
Posted 25 July 2013 - 03:55 PM
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
Posted 25 July 2013 - 05:28 PM
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