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600. someone help me please.
 

get into renren for a short cover esp as the markets look to fix itself

renren will see a 10% jump in a day or 2

Quote:

Originally Posted by ze20001984 

get into renren for a short cover esp as the markets look to fix itself

 

renren will see a 10% jump in a day or 2

How do i get into "renren"? What does that mean? I wish I didn't get into this mess bc I have no idea what is going on. Lesson learned the hard way :(

Quote:

Originally Posted by bemaii 

hi all. i'm a newbie to the stock market. unfortunately, my timing of joining is really bad!! I bought fb shares and now it's down :( Could someone please pm and help me set up an advance order in Scottrade at particular price and it will sell the stocks? I think i'm in big trouble i bought them when they were @ $40.8 gawd....

What kind of advanced order are you trying to use? You can place a limit order to sell at a certain price. For example, if you want to $33.40, which is nearly the high for today, you could put a limit order to sell at $33.40 and if it reaches it, your order will attempt to execute. However, if the price never reaches $33.40, or reaches it but falls before your order executes, you will still be holding the shares. Your other option is the wait and see if the stock recovers. I won't pretend to guess what FB is going to do over the next few days/weeks.

I definitely do not recommend you buy anything else until you have a trading plan and a better grasp of what you are doing. Don't chase your losses. I have done that in the past and turned a $2000 loss into a $10,000 loss. If you want to hold it, try not to watch it every day.

got in earlier this morning hoping for a green close :)

Quote:

Originally Posted by webChris 

 

What kind of advanced order are you trying to use? You can place a limit order to sell at a certain price. For example, if you want to $33.40, which is nearly the high for today, you could put a limit order to sell at $33.40 and if it reaches it, your order will attempt to execute. However, if the price never reaches $33.40, or reaches it but falls before your order executes, you will still be holding the shares. Your other option is the wait and see if the stock recovers. I won't pretend to guess what FB is going to do over the next few days/weeks.

 

I definitely do not recommend you buy anything else until you have a trading plan and a better grasp of what you are doing. Don't chase your losses. I have done that in the past and turned a $2000 loss into a $10,000 loss. If you want to hold it, try not to watch it every day.

Good advice.....

I dont understand this. You guys are pros at this why would you invest in a freaking website? Its a website built on hype. This should be a penny stock based on its fundamental values. No better than GOIG

Quote:

Originally Posted by wtd03 

I dont understand this. You guys are pros at this why would you invest in a freaking website? Its a website built on hype. This should be a penny stock based on its fundamental values. No better than GOIG

they do earn money though....that's the difference between this and a penny stock...

now... can they make more money is the question....I'll keep an eye on it for the next couple weeks.

Quote:

Originally Posted by wtd03 

I dont understand this. You guys are pros at this why would you invest in a freaking website? Its a website built on hype. This should be a penny stock based on its fundamental values. No better than GOIG

Well, to be fair, Amazon is a website. Google is a website. Facebook has been the fastest company to reach this amount of people in history. It has quickly become a multi-generational staple. It has been attributed to the topple of governments. Yes, the valuation is extremely high - which is why I haven't bought, but don't underestimate this company. In its short lifespan it has become one of the most influential companies in the world. What took IBM, Microsoft, and Apple decades, Facebook did in just a few years. Investors at this price look at that and think what could they do in decades?

good company no doubt...

i think the ease of going on to fb makes it always attractive...

but 30$ is where its headed

Quote:

Originally Posted by ze20001984 

good company no doubt...

 

i think the ease of going on to fb makes it always attractive...

 

but 30$ is where its headed

Does FB warrant a $30 share price?  Are they presently that profitable?  Been watching this one, but I personally think it is overvalued atm.

im jus taking weekly...

overvalued...yes...

but many overvalues companies that are lifted on future growth..

i just think facebooks p/e at 122 X's is CRAZY.... when apple's trading at 12X's and google's on the higher side at 18 X's.

i guess the question is can there futures really be 100 times better earning than they have now???? or am i missing something????

i dont like this http://www.forbes.com/sites/nathanvardi/2012/05/22/for-facebook-insiders-an-excruciating-wait-has-begun/

figured it would have run up, but was wrong about this one....that's the reason I don't get into IPO's as soon as they go public.....6 months to a year will tell the tale.

i think everyone on earth said the same...

im happy i didnt get in...and now will never do ipo

how is linkend profitable again? is it from employeers seeking employees?

its not..lol

it will probably see 50

Quote:

Originally Posted by iron883 

how is linkend profitable again? is it from employeers seeking employees?

selling advertising...like most internet companies...

Quote:

Originally Posted by webChris 

 

What kind of advanced order are you trying to use? You can place a limit order to sell at a certain price. For example, if you want to $33.40, which is nearly the high for today, you could put a limit order to sell at $33.40 and if it reaches it, your order will attempt to execute. However, if the price never reaches $33.40, or reaches it but falls before your order executes, you will still be holding the shares. Your other option is the wait and see if the stock recovers. I won't pretend to guess what FB is going to do over the next few days/weeks.

 

I definitely do not recommend you buy anything else until you have a trading plan and a better grasp of what you are doing. Don't chase your losses. I have done that in the past and turned a $2000 loss into a $10,000 loss. If you want to hold it, try not to watch it every day.

hi webChris,

Thanks for your explainations and advices.

I'm kind of terrified and I want to get out of it. It doesn't look good though.

I tried to set up an advance limit order to sell @ certain price. However, it gives me two boxes and I am kind of confused. Should I put in the same price for both "limit price and amount$"? Also, the duration in the first box has "day and good until cancelled", but there's also an expiration dates on the second box?! Can someone please help me? I have attached a picture of the screen. Thanks.