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Definitely fear driven. Recently we've seen the biggest sustained downward drops in five years for tech stocks, I think beginning the process now is just too la
by strict9 8y ago
Definitely fear driven. Recently we've seen the biggest sustained downward drops in five years for tech stocks, I think beginning the process now is just too late.
- cinquemb 8y agoAgreed. FAANGMAN is down 22.4% from ATH, and probably in much better shape than Lyft or Uber. I'm probably going to wait for a pop in both prices of these (if they manage to go IPO anytime soon) and then short.
- kerng 8y agoFacebook is down for obvious reasons. Apple struggles with sales and innovation. Amazon just made no sense to be rising like that. Some of the others have done fairly well in the recent shake up, like Microsoft for instance.
- cinquemb 8y agoMicrosoft is by far, the cleanest dirty shirt of those. Netflix, Google (Alphabet), AMD, Nvidia… yeah, no.
- erikpukinskis 8y agoWhat’s the AN at the end?
- arcticbull 8y agoAMD and NVIDIA maybe?
- dragonwriter 8y agoAlibaba and Nvidia. Search for FAANGMAN in https://www.cnbcfix.com/fast-money-archive-june-2017.html https://www.cnbcfix.com/fast-money-archive-june-2017.html
- khamba 8y agoAMD, Nvidia
- closeparen 8y ago“Definitely?” I see articles on Lyft targeting an early/mid 2019 IPO at least as far back as August, months before the correction.