A Great Investing Decision

[SportsGuy41017]

I was told a few months ago to wait 3-6 months after the IPO if I wanted to buy FB.

[HammerTime]

^ Depends on how long you are planning to hold it.

[CBDV]

FB is a $12 stock.....

[Watusi]

So how low will FB drop? At what point do you buy (assuming you are going to hold it long term)?

[plantmanky]

So how low will FB drop? At what point do you buy (assuming you are going to hold it long term)?

 

I will buy at 15 maybe, 10 for sure, I think wants all settles its a 20-25 stock on average that will swing high to 30-35 at times when something really new with facebook creates buzz.

[HammerTime]

So how low will FB drop? At what point do you buy (assuming you are going to hold it long term)?

 

That's the million dollar question. I don't like it at this price honestly. It would need to get to the low 20's for me to jump in for a long term investment.

[HammerTime]

The beating continues...

 

29.40

-2.51 (-7.87%)

 

 

I will think about buying in the low 20's.

[HammerTime]

Bad way to start the month. Banks are taking a beating.

[Voice of Reason]

When I look at Europe, the beating it has taken for 2 years and the fact that there is no end near, I have to applaud how the US handled and responded from our crisis in 2008. Let's only hope we handle the upcoming end of year crisis as well.

[dmderringer10]

How's everybody doing?

 

I'm up a lousy .11% since the end of February. Netflix is killing me, down 36.9%

[Clyde]

How's everybody doing?

 

I'm up a lousy .11% since the end of February. Netflix is killing me, down 36.9%

 

 

You have to be long in Netflix. Good content deals coming their way plus they work well with Apple. I'm up 124% with them.

 

My entire portfolio is up 20% over the last 12 months.

[dmderringer10]

You have to be long in Netflix. Good content deals coming their way plus they work well with Apple. I'm up 124% with them.

 

My entire portfolio is up 20% over the last 12 months.

 

I'm sticking with them.

 

I'm hoping they get back where they were last summer :lol:

[Clyde]

I'm sticking with them.

 

I'm hoping they get back where they were last summer :lol:

 

We all do.

[plantmanky]

How's everybody doing?

 

I'm up a lousy .11% since the end of February. Netflix is killing me, down 36.9%

 

This made me actually open the IRA quarterly statement that has been sitting on the counter for a week or so now and eeeeekkkk.

 

Im down about 8K from what I have put in the darn thing. Oh well have another 35 plus years to go.

[Clyde]

This made me actually open the IRA quarterly statement that has been sitting on the counter for a week or so now and eeeeekkkk.

 

Im down about 8K from what I have put in the darn thing. Oh well have another 35 plus years to go.

 

Does your IRA invest in a mutual fund or do you pick the stocks yourself?