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Alias Born | 11/11/2010 |
Wednesday, April 11, 2018 11:37:22 AM
this stock is only trading in this range until earnings which will/should be good, the stock might pop (so a great trade, maybe) then once they start talking about guidance and costs, this stock will sell off 10-20 more % over next several months
I really don't think you understand the costs that are going to be associated with this company going forward and trust me, there will be plenty of more issues and regulation is inevitable.
I will continue to make $$$$ trading, but to go long this stock with wild dreams of $200, $225, or $250 price targets is not going to happen anytime soon, and by soon, I mean at least a couple years if you are lucky, by then, plenty of other stocks will be up much higher. my PG stock just game me a dividend upgrade, an my XOM buy will greatly out perform FB with just dividend alone.
COSTS COSTS COSTS COSTS COSTS, LOWER PROFITS GUARANTEED
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