The Hunt for the Next 10 Bagger

[BeamMeUpScotty]

RULiquid many thanks. Very interesting reading.

I was almost about to buy into facebook today for my 401K, but read carefully the kind of stuff that was being said which made really really good sense. So I watched and waited.

I'll consider facebook if the share price goes down to about $20 or even lower. I'll look at the chart if it gets that low and see what the MACD, RSI, Bollinger Bands etc tell me nearer the time.

In some ways, I'm really really glad it didn't spike today as people are taking a good long hard look at tech stocks and giving themselves a good reality check between what is ready to move upwards on expected future development and earnings and what should go down as it isn't clear where their next phase of development lies.

facebook could of course surprise the market with an aquisition pretty quickly but I think their real asset is Sheryl Sandberg. AS has already been said of her, facebook is not her last stop - I think that will be Twitter.

facebook will of course come good, but not because of Zuckerberg - after all, it isn't even his original idea in the first place - was it?