Thursday, March 7, 2013

FB: It's Time For Investors To 'Like' Facebook Stock

It's Time For Investors To 'Like' Facebook Stock
by Stock Reversals

Is it time to get long Facebook (FB) and just hold it?
Facebook stock has had a wild ride since the IPO at $38 per share. A harrowing drop to sub $20s set the stage for a sentiment and behavioral bottom. At the time, there were calls for $10 per share from the talking heads on Wall Street and many retail traders. We became interested in the stock around $22 per share and then we saw a run to $32. As we approached $31-$32 per share we saw the sentiment patterns peaking out there and grew a bit cautious. read more »

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More on FB

Facebook's Growth Story, Is It Search? by Marshall Hargrave

Facebook Worth $35 by Ryan Perlowin

It Will Be A Good Year To Watch Facebook by John Mylant

Other articles that mention FB

Google Still Offers Reasonable Value But Only For Long-Term Investors by Tim Travis

Facebook, Google And Yahoo: Take The Road Less Traveled by Timing Best Buy

Significant Short Interest Increases (Mid-February Update) by Bill Maurer


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