Thursday, July 26, 2012

07/27/12 Facebook Holder

Opened prior to market close @ 27.355. Prints fell off a cliff after hours. I was ready to off my shares at 26 and change. But then the sixth sense placed a hand on my shoulder. 'Buying opportunity, dude.' Look, I spend zero time on FB, and that's unlikely to change anytime soon. But colleagues in their twenties and thirties at work are addicted to it. There's a story here. So I doubled up in the extended hours session and now own a stake at 25.75. Last night I held Aladdin's lamp And so I wished that I could stay Before the thing could answer me Well, someone came and took the lamp away I looked around, a lousy candle's all I found
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9 comments:

  1. 2nd_aveJuly 26, 2012 at 4:31 PM

    Look, my sixth sense is no Aladdin's lamp, and I may wake Friday morning to additional selling.

    However, the sixth sense is the closest thing I have to Aladdin's lamp.

    ReplyDelete
  2. 2nd_aveJuly 26, 2012 at 5:27 PM

    Why I don't use BART:

    http://www.sfgate.com/bayarea/article/Human-waste-shuts-down-BART-escalators-3735981.php

    ReplyDelete
    Replies
    1. ChickenpookieJuly 26, 2012 at 5:34 PM

      I'm hearing that FB is likely to experience difficulty attempting to squeeze profits from their smartphone advertising strategy.

      Just passing along what I"m hearing, the source could be biased for all I know.

      Delete
  3. 2nd_aveJuly 26, 2012 at 5:57 PM

    One of the few FB bulls around:

    http://blogs.marketwatch.com/cody/2012/07/23/how-facebook-gets-to-100/

    ReplyDelete
  4. DavidJuly 26, 2012 at 6:22 PM

    TOF -- should we be buying CSTR on this drop? Do you still think its future is bright?

    ReplyDelete
    Replies
    1. ChickenpookieJuly 26, 2012 at 9:12 PM

      There's a gap up from $52.95 on Feb 7th, I guess it gets closed at tomorrow's open.

      Delete
  5. AnonymousJuly 26, 2012 at 8:01 PM

    2nd - I really do like the FB story. I think it ultimately has staying power simply because my wife is addicted and she's usually on top of trends. I'm rooting for you holding for more than a day or two because it's one of a handful of ideas I think work for longer term.

    Now if they can just sell off Z to the tune of 50%.

    ReplyDelete
  6. MarkWJuly 26, 2012 at 9:07 PM

    Doubling down on the Zuck. Man, your not Mav, your Batman. GL bro.

    ReplyDelete
  7. JBmaderaJuly 27, 2012 at 2:59 AM

    Regarding FB and ZNGA et al, if/when the US legalizes on-line gambling is when these stocks will take off. I think that gambling will be the primary way FB monetizes mobile.

    ReplyDelete

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