Thinking of buying some FB...

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Ramy3

May the pips be with you!
Thinking of buying some FB. Next Google...? Purely gut fealing.

Started at 18ish...
http://finance.yahoo.com/q?s=FB

Missed out on Mastercard and Google...
http://ca.finance.yahoo.com/q?s=MA
http://ca.finance.yahoo.com/q?s=GOOG
 
There's a lot of high expectations ahead of their earnings about to be released. Especially after google dominated their earnings just recently.

That's not a bad thing, but it will mean some pain if they only match what their projected earnings were, instead of beating them...

I like FB, I just wouldn't get into them with any sort of leverage.
 
I'd also have a hard out.. Like if I pick it up above 50, I'd want to use 49's as a hard out where "I'm just wrong" and must cut the loss.

That or maybe a protective put at that price... but that could be expensive pre-earnings release (they price in a lot of volatility into options pre-earnings.)
 
http://finance.yahoo.com/q?s=FB
Initial sentiment was thinking it might just be a “GM” stock style when it started. Not sure anymore… Still looking, still climbing.

Still mulling it over. final decision coming soon. Thinking real long term here Jack.
 
Ramy3 said:
http://finance.yahoo.com/q?s=FB
Initial sentiment was thinking it might just be a “GM” stock style when it started. Not sure anymore… Still looking, still climbing.

Still mulling it over. final decision coming soon. Thinking real long term here Jack.

Earnings call tomorrow.. buzz is a bit uneasy about teens not getting into the platform.
 
we can look at facebook
rangebound now...but waiting to pop
we can see the overhead trend and horizontal res/red and there is horizontal res up to 74 area
there is horizontal supp /yellow at 50.00
the big momma is waiting in the green trendline 46-48 area
trading this stock..the p/f way....
1.trade the range until it shows signs of a break.If that happens,then we want to prejudge the breakout point and take positions on the opposite side of the breakout to keep the stop tight.you will need a lower timeframe to do this
2.once it pops we have the areas where it could bounce or retrace.take profits there and reassess
 

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FB has been rocking it lately:

http://finviz.com/quote.ashx?t=fb

Ramy, you ever get in?
 
Bought into the dip. Will see if i average up or down a bit or take some profit... Who knows really. It can fall or it can keep aiming for the stars. It's still going solid for now. Waiting for some sorta other dip to see what happens.

So far, sitting pretty. :) Will see. Long term project. May just even leave it alone.
 
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