3 ms·

This certainly catches the eye. Any reason to sell now?

• RyanZAG 11y ago
  Facebook hit his personal target of $100
• purpled_haze 11y ago
  He's not the only one who has been cashing out over the last months. In my opinion, it looks like we are in for a correction if you look at the long-term historic logarithmic graph of the S&P 500's value. http://finance.yahoo.com/echarts?s=^GSPC+Interactive#{%22useLogScale%22:true,%22range%22:%22max%22,%22allowChartStacking%22:true} http://finance.yahoo.com/echarts?s=^GSPC+Interactive#{%22use... As Warren Buffet says, "Buy low. Sell high." Macrotrends affect stocks as a whole, which affect public companies, which affect advertising budgets, which influences Facebook's income. I've been bitten before by assuming a bear market, pulling out, and then seeing things recover, so I'm much more careful now and have not completely pulled out. Large investors that really don't need those extra boatloads of gold they might get if they miss an upswing have been pulling out, though, to avoid risk.
  • leeleelee 11y ago
    n=2 in your analysis...don't be fooled by randomness
  • allannienhuis 11y ago
    "He's not the only one who has been cashing out over the last months." For every seller, there's a buyer. The buyers of his stock aren't the only ones investing in FB stock over the last months.