The 2 biggest names in social media, FB & TWTR, both down around 20% this week. I'm thinking it's a good chance to get some more at a discount. What do you guys think?
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The 2 biggest names in social media, FB & TWTR, both down around 20% this week. I'm thinking it's a good chance to get some more at a discount. What do you guys think?
I know you can make money but I've never understood investing in company that produces nothing but air. Guess that's why I'll never be rich.
I have rode twitter 4 times for decent gains in the past...and I am getting ready to ride it again...as soon as it flushes, I will be buying. Typical maret overreaction IMHO.
I am of the same opinion. I know the do advertising and collect data for advertisers but I view these stocks like retail stores geared to teens. They are hot for a few years and then their base loses interest. Both of my kids now say Facebook is for old people:laugh:
If I was going to buy anything, I would buy FB, here around 169. Then add around 160, then the upper 140s. I can't see it going lower than the 140s. Would be something it did.