Facebook (FB) - $59.95 - May go long into earnings

Thoughts on a buy here.

I owned it briefly for a quick trade a bit back and made a little scratch.  This is definitely a solid buy and hold though in my view.

I'll post if I buy.

Good luck to all and to all a good night.

If these acquisitions pan out were fine, if they fail then yes it will hurt.  He has been spending a pretty penny on these.  That's why I'm long FB at this price.  A market correction could hurt but this stock still has a lot of attention.  Be interesting to see what they say/financial statements look like here this month at earnings call.

I'll take a look at it.  Thanks.  Have not been following this one too much.

My bets on a BEAT and increase after earnings.  Only time will tell.  If it gets crushed I'm running LONG.  If it beats and big run up I may take some off the table.  I really like this company, its not going anywhere. They have so much money and FB is thriving still.  There always looking for ways to increase revenue within FB and elsewhere.

I don't get how this stock is not at 70 right now, earnings were not factored in.  They blew them away.  The call was great.  The CFO leaving is the only thing I can guess is scaring retail investors away.  I don't see how its not at $65.  You can't ask for much more then what they did.

I'll be looking to add at 50 if it gets there, maybe earlier....

 Crushed earnings!!!!!  MANIPULATION is beautiful.

I love Zuckerburg!

FB may see $60 again to provide a chance to get out even, but I think the long term trend is to the basement.

BOL

You must be new to the stock market or just stupid.  Averaging down is smart.  Right now, I'll buy FB for a long time.  They are constantly adding to their product line.  It would not surprise me if it was 90 by year end.

beside FB I also have a nice position in XXII. I have big expectations on this one.

I'll be back in, I just needed the cash for some interim action.  I had too much of a position and felt we may see a pull back.  I love the stock.  I was looking at my retirement accounts yesterday and a managed account I have, my exposure to Apple, Google, FB and others is big in there as well.  I still have exposure.

LOL

okay buddy... well best of luck

you said sell at 60.  I sold almost at 61.  I've already bought back in after the drop.  I'll run it up again.  Every buck based on my share count is a lot of money.  Moved up a whole dollar after your prediction of 60 tops.  I did not listen to you, glad I didn't, that xtra buck pays for alot and now I'm re-positioned again.

by the way my initial issue with your comments was the attack you made about averaging down.  I wonder how many people that know anything about the market would agree with you or me about buying a stock if it drops and you have the funds to lower your dollar average cost.  That's all I do, and that's why I have been making money.  If you like it at price A and believe its good and it drops to point B and C, why would you not add if the fundamentals have not changed?

of course.  Im not shorting so I'd expect it to go up.