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May 18, 2012

FB...

Why is it that so many people with just a little money to spend on stocks go for the same stock that everyone else is going for?

Is it really that hard to understand?

Kids, buying the same stock everyone else is buying just means you're less likely to hit it big.  Unless you're in it for the long-term, which is more like five to ten years, you're just gonna ride the noise for a bit. 

And it's just as likely to go down.  Even the Jesus stock.

The thing to watch will be how many of those early Facebook employees cash in ASAP. That's the indicator you want to watch...

     

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