FB nearing $20, do we buy?

[Nittany Lion]

My mother was going to buy Apple stock back in the early 2000's when it was around $7/share and I talked her out of it.....she still bugs me to this day. I've held onto my INTC stock for awhile, up a few grand, but down $1k or so from my NVDA stock I've had forever. Should have sold it last year in Feb. but I just held onto it hoping it would go up more.

[Iwinyourmoney]

I've got 80 shares of apple that I paid beween mid 200s and low 300s. Trying to decide to unload or let it ride. Its my life savings so I may just let it ride, as I'm getting a far better return then any bank possible.

I have a sell order at 530$ just in case something explodes and I'm asleep

[NYSportsGuy210]

Anyone else here seriously like certain stocks as buy and holds? Or anything look like a real "stinker" to short?

JC Penny's and Sears to me are garbage.

[tony_come]

Olympic is over

[NYSportsGuy210]

Facebook under $20 right now.

[dngf]

Anyone else here seriously like certain stocks as buy and holds? Or anything look like a real "stinker" to short?

JC Penny's and Sears to me are garbage.

my buy and holds currently include MO, PM, JPM, INTC, GE, PBCT, T. Most of these I have owned for a long time, many years, and on several my dividend yield is significantly higher than the current yield. (Not on JPM, but as an example the biggest purchase of MO yielded 6.99% at the time and that was Feb 2010)
Looking for a couple of buy and hold companies right now, been looking at mortgage reits - like NLY, AGNC, TWO, CYS, CMO, but haven't pulled the trigger.
NUAN looks interesting, I just wonder if AT&T or someone like that is going to overwhelm them.

[Deep_Rest]

my buy and holds currently include MO, PM, JPM, INTC, GE, PBCT, T. Most of these I have owned for a long time, many years, and on several my dividend yield is significantly higher than the current yield. (Not on JPM, but as an example the biggest purchase of MO yielded 6.99% at the time and that was Feb 2010)
Looking for a couple of buy and hold companies right now, been looking at mortgage reits - like NLY, AGNC, TWO, CYS, CMO, but haven't pulled the trigger.
NUAN looks interesting, I just wonder if AT&T or someone like that is going to overwhelm them.

I jumped on ARR after the announcement of their most recent SPO. I like ARR vs other reits because of the monthly dividend payment.

I'm taking a look at high end retailers right now most notably Coach and Tiffany. They're both rock solid and have been oversold. Good luck all.

[Waterstpub87]

I like a short on FNV, Franco-Nevada corporation. Resource company currently holding large amounts of unproven land. Currently Trading at 97% of its 52 week high. Because many of their assets are held in future revenue streams, a change in underlying resource prices could affect profitability. In addition, a look at their balance sheet show a negative retained earnings of 1,355,000,000, meaning over the course of the company's life span it has lost money. In addition, almost half of that is from last year. A company cannot continue to lose money and remain in business. They are gambling on long term price increases in the resources that they are currently developing and hope to develop. Put in the current valuation of 550x earnings and it makes an attractive short.

[Statman]

I'd wait a little longer till month end and then start accumulating FB. Once September rolls around, trading volumes will be back to normal levels and end of quarter Q3 buying should help with a bump in price. The fourth quarter will be the wildcard with the election occuring during this time. Anyone's guess how the markets will re-act is unknown at this point...

[eidolon]

Anyone else here seriously like certain stocks as buy and holds? Or anything look like a real "stinker" to short?

JC Penny's and Sears to me are garbage.

I've been saying this sense it came out for buy and hold: ****

[jjgold]

Election really Fukkin making everything tricky

I would be careful


Facebook seems like a stagnant stock

[Delicious]

down nearly 5% today might drop below $18

[hockey216]

what happens if another organization opens up a new social media site that is better than facebook and becomes really popular and all the young kids start using that one instead?

bubble will burst. Well, technically the facebook bubble already did burst, down over 50% in just 3 months.

Dont buy into the social media bubble.

[milwaukee mike]

what happens if another organization opens up a new social media site that is better than facebook and becomes really popular and all the young kids start using that one instead?

bubble will burst. Well, technically the facebook bubble already did burst, down over 50% in just 3 months.

Dont buy into the social media bubble.

this certainly happened with myspace

facebook has the advantage that a lot of older people are on it, and they don't change nearly as rapidly as teenagers

it's a very interesting company/stock, they have no intention of trying to make the shareholders happy or rich, but that doesn't mean a company with 1 billion users and $10 billion in cash is worthless either

[jaeguyoon]

I've got 80 shares of apple that I paid beween mid 200s and low 300s. Trying to decide to unload or let it ride. Its my life savings so I may just let it ride, as I'm getting a far better return then any bank possible.

I have a sell order at 530$ just in case something explodes and I'm asleep

smart guy. Told my brother back in 2005 to load up on apple, but the guy is only interested in penny stocks and hoping they go up (he's had success so far), but he does regret passing on apple.

[d2bets]

this certainly happened with myspace

facebook has the advantage that a lot of older people are on it, and they don't change nearly as rapidly as teenagers

it's a very interesting company/stock, they have no intention of trying to make the shareholders happy or rich, but that doesn't mean a company with 1 billion users and $10 billion in cash is worthless either

Yeah, IMO Facebook is so entrenched and it isn't going anywhere. That said, I'm not smart enough to know how to value what it has, although it's certainly possibly they'll find ways to better monetize their users and page views to justify a higher valuation.

I don't think it's a bubble. I may jump in at some point, maybe if it falls to around $15 or so. Groupon was always a fraud, a one-trick pony. Facebook has become a well-established social medium and I just don't see it going the way of myspace, which was always mostly just teenagers and musicians and their site never got past web 1.0.

If you think about, doesn't Facebook have like 800 million users. I'm sure some are fake, so even if you said 500 million. At a $35b valuation, that's only $70 per user. Doesn't really seem that high.

[d2bets]

what happens if another organization opens up a new social media site that is better than facebook and becomes really popular and all the young kids start using that one instead?

bubble will burst. Well, technically the facebook bubble already did burst, down over 50% in just 3 months.

Dont buy into the social media bubble.

How is another site just going to become popular? Google is as big as it gets and they tried hard, and it's OK, but it really hasn't caught on. If they can't do it, then who will? The Facebook stock price bubble burst, but that just means it was overpriced and overhyped, not necessarily that's there's something fundamentally wrong.

[kfranz31]

i would not ask those who have bought already

[broadway6]

Don't waste your money! It's a fad that will soon fade out like my space did! Google is where you want your money! Top notch search engine, chrome browser, great on line software like google docs, they own you tube, and they're just gett'in started dominating the future of the internet and how it's used. Zuckerburg is an lying scumbag who stole someone else's idea and paid off the real creators of FB. His own sister won't ever work for him, she works for Google!

google is great, but Amazon will take over the internet soon.

[hockey216]

How is another site just going to become popular? Google is as big as it gets and they tried hard, and it's OK, but it really hasn't caught on. If they can't do it, then who will? The Facebook stock price bubble burst, but that just means it was overpriced and overhyped, not necessarily that's there's something fundamentally wrong.

it was way overpriced and overhyped. why invest in something that has been tanking and a complete failure and down over 50% in 3 months. i dont see it going up much more. Lots of other companies that will pay you solid returns. don't buy into the social media hype.

[hockey216]

google is great, but Amazon will take over the internet soon.

amazon is a cool site. ebay is my favorite though. everything you can imagine at great prices.

im obviously not commenting on stock/investment value. just saying i enjoy using these two sites. i just don't like the 10-15% comissions when you sell something there!

[Balco10]

I see it going below $10...

[Balco10]

amazon is a cool site. ebay is my favorite though. everything you can imagine at great prices.

im obviously not commenting on stock/investment value. just saying i enjoy using these two sites. i just don't like the 10-15% comissions when you sell something there!

So AMZN goes to 500+????

[eidolon]

17.7 and dropping!
Will it hit 14? just maybe. But i think there is no room to make money with this stock unless you short it now and hope it hits below 15

[Balco10]

If mittens gets elected then it goes back top 30....

[NYSportsGuy210]

Apple win run up to $700 right before September 12th.....

[Balco10]

hopefully FB goes under $10....

[Balco10]

Fuk facebook!!!!

[gdoom]

Get it while you can,,,It is another Yahoo u fukks

[d2bets]

This thread is amusing.

[Otters27]

Hind sight. Nice call SBR john

[chico2663]

i have 100 shares. It is up to 154. i got a sale price in at 200.I just wish twitter would take off.

[TheMoneyShot]

And 5 years later....





Who can really predict this sh#$?

[Cougar Bait]

328 now

Guess it would have been a good buy at 20 bucks, yeah

[jjgold]

Wow!!

Mr Walker a genius many ventures