I know tons of people who have sold shares of big names to free up money for FB, against my advice. Most of them will miss out on day 1 when the stock jumps, and will likely have to settle for buying back the stocks they sold.
Retail shlups or big money institutional investors?
Retail shlups or big money institutional investors?
Retails. I'm sure a ton of retail money is on the sidelines that will be coming back into the market tomorrow and next week. Not sure what the big money is doing.
I know tons of people who have sold shares of big names to free up money for FB, against my advice. Most of them will miss out on day 1 when the stock jumps, and will likely have to settle for buying back the stocks they sold.
Retails. I'm sure a ton of retail money is on the sidelines that will be coming back into the market tomorrow and next week. Not sure what the big money is doing.
When I made my comment, I wasn't really referring to retail ding dongs. LOL
Personally, having a really hard time believing this market is liquidating just to free up cash for FB.
I hope you didn't read my post as saying this is what is happening. All I said is it may well be amplifying the Euro-malaise. The expectation I heard was that they would get the market rocking to the upside leading into the IPO. Didn't happen.
I hope you didn't read my post as saying this is what is happening. All I said is it may well be amplifying the Euro-malaise. The expectation I heard was that they would get the market rocking to the upside leading into the IPO. Didn't happen.
No, I was just talking in general about anyone who might think it.
Getting close to your target, 07media.
Although very oversold on 60 min. and daily charts, far from oversold on weekly and monthly.
Thus, no meaningful pop until short term bottom is put in.