This stock is still overvalued. When the market cap is in the $10-15 billion range, it is a buy
http://niketalk.com/t/322488/facebook-ipo-how-many-shares-you-finna-cop#post_11884632
OFFICIAL STOCK MARKET & ECONOMY THREAD VOL. SCHOOL'S OUT
- Thread in 'General' Thread starter Started by dey know yayo,
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This stock is still overvalued. When the market cap is in the $10-15 billion range, it is a buy
http://niketalk.com/t/322488/facebook-ipo-how-many-shares-you-finna-cop#post_11884632
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I keep saying over and over again. Someone wants to be reelected and he is doing everything in his power to not allow the market fall right before the election. So you know what that means for the high beta stocks like AAPL, GOOG and PCLN. But that is just my theory.
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FB IPO hate to say I told you so 
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runningfishy
Banned
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Don't stress it. This is a retail crowd, and they'll talk about whatever's hot. FB is part of their lives, and this is just a perfect example of that. Hindsight is very easy, and self proclaimed guys here always applaud themselves. LOLZ It's like 'liking' their own comments. LOLZ
As I've said before, trading isn't about P/E, and all that garbage that you hear. Even if the IPO was at $100, or at $20, it wouldn't have mattered. Also, these retail guys weren't able to do a damn thing w/ FB. It is a FACT that retail guys couldn't long or short FB when it first came out; more so margin requirements really turned away 'real' traders'. All this stuff now is just absurd. I dislike hindsight talk, as it's pathetic and meaningless. If you're looking for 'real' traders, you should look at smaller knit communities elsewhere.
In the end, FB is just another stock. The attention you see is purely media driven, and purely based on the context of itself.
I was off today and was looking to day trade, but I did not. But I did enjoy watching Maria on CNBC. Man, she's aged so so much, but I think she has some work done to her lips. LOLZ That blonde girl was cute though.
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I keep saying over and over again. Someone wants to be reelected and he is doing everything in his power to not allow the market fall right before the election. So you know what that means for the high beta stocks like AAPL, GOOG and PCLN. But that is just my theory.
This ^
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doublepost
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bull market led by apple lol
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Watching GMCR over $25 for long tomorrow
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I highly recommend Jeff Miller's weekly review/outlook article that gets published every Sunday at SA.
http://www.politifact.com/florida/s...bama-national-debt-held-accountable-one-term/
http://www.politifact.com/florida/s...bama-national-debt-held-accountable-one-term/
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I am kicking myself for not grabbing the AAPL 655 Calls this morning thinking they were too pricey 
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over 658 now. what a monster :x
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Does anyone know of a good site with beta calculations that show the specific timeline being used?
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I don't even know what to say right now.
I had 680s for a few minutes. In @ 2.05, out at 2.25. If I had held just a few minutes longer.
I had 680s for a few minutes. In @ 2.05, out at 2.25. If I had held just a few minutes longer.
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Nobody ever went broke from taking profits though 
Meanwhile, my January spreads are approaching max value and my commons are booming. Feels good.
Meanwhile, my January spreads are approaching max value and my commons are booming. Feels good.
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FB is seeing some action 
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Nobody ever went broke from taking profits though
Meanwhile, my January spreads are approaching max value and my commons are booming. Feels good.
Congrats!
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Most valuable publicly traded company of all time. I am proud to own a stake.
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New intraday and closing ATH.
$665.15
$665.15
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AAPL wants to go higher IMO
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Where are the bears??
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I win the jackass of the day award. The upswing following the FOMC minutes caught me off guard. I was slow to pull the trigger on some 670s and got in too high at the time. I still felt like AAPL was trying to continue the jump it started around 1pm, so I rode it lower than I usually would. Ended up panic selling and lost 25% of the trade. Of course it turns around almost immediately. Cost me what could have been close to a 2 bagger. Amazing what a matter of seconds can do to you.
But at the end of the day, I'm still worth a good amount more than I was yesterday.
I hope y'all have been enjoying this ride we've had. I keep thinking its days are limited, but I love being wrong here.
But at the end of the day, I'm still worth a good amount more than I was yesterday.
I hope y'all have been enjoying this ride we've had. I keep thinking its days are limited, but I love being wrong here.
I bought a couple hundred shares of Prospect Capital ahead of earnings today. Quite happy, thus far. Exposure to debt and CLOs in various sectors. One of my clients who is primarily fixed-income has seen a great rebound in their portfolio so it would seem exposure in debts (depending on the type) is getting better.
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Story of my life. Happens to me several times every week and most turn into 3-5 baggers.
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My day trading foray is almost over anyways. I go back to work Monday for two months straight. I've ended up coming out pretty flat.
I have a little bit of cash that I will deploy only if AAPL hits the lower Bollinger Band on the daily chart. Look at the charts. That's a pretty sure thing for a bounce. If that happens, I'll jump into LEAPS and ride the wave up.
I also started watching DXPE again.
I have a little bit of cash that I will deploy only if AAPL hits the lower Bollinger Band on the daily chart. Look at the charts. That's a pretty sure thing for a bounce. If that happens, I'll jump into LEAPS and ride the wave up.
I also started watching DXPE again.
