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Monday, January 28, 2013 1:31:41 PM
Just thought I would catch up with you guys. I read a lot more than I post because I am still a novice investor. I'm 24 and have an Etrade account with a value of 16,000$
I started with 100$ and just added 150$ a week for over 4 years. I lost about 4000$ attempting to trade penny stocks but I've learned my lesson and invested BIG into FB! I've been buyying ever since the IPO and have 350 shares with an average price of 26.00$! I'm sitting on a 2,000$ profit and want to add more shares. I see Fb having a good possibility of hitting my price target of 70$ a share with the next 2 years. This investment is gonna be a down payment on a house if I play it right!
Its been a hell of a ride reading all the FB bashers saying that this company was a penny stock. Looks like the shorters are losing!
What I did was ell all my penny plays at a loss and dumped it all into as many FB shares I could get. The strat has paid off!
I also have smaller positions in SIRI and RUTH < because I work there.
I'm applying for a job right now at Palantir Technologies. <another bluechip private comapny. As a kitchen operations analyst.
Any investment advice? I'm pretty much on my own but it was my dad that convinced me to sell the pennies at a loss and double down on FB. I would be happy to hear what you much wiser trader would comment on my investments so far.
Thanks again! goooooooo FB!!!!!$$$$$$$
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