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larrybaz

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larrybaz

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Re: researcher59 post# 95862

Friday, 03/11/2022 7:59:31 PM

Friday, March 11, 2022 7:59:31 PM

Post# of 118290
FB - I started a small position at $225 and have been adding every 10 points lower. I've traded it a little.

I'm personally not a user, but it seems like everyone else uses it. It seems to be very entrenched in people's lives. Businesses all seem to have Facebook pages. I think the stock will have a nice price recovery. Not betting the farm on it, but I like the risk/reward.

I have seen lots of $1 stocks with strong earnings and solid balance sheets triple, quadruple and more, but I have yet to see one go below zero.

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