Facebook Opens today at 248 and Closes at 266

Thank goodness I had the faith in MZ after the Salem witch hunt he underwent this past week in the swamp by the very people who were more than happy to take his money over the years.

Guess what people? Nobody cares about his politics. I made $12k today and I can only wish he could know what a fiscal conservative am I.

Yippee! I’m going shopping tomorrow.

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5 thoughts on “Facebook Opens today at 248 and Closes at 266”

  1. Uncle Al:
    Do you also quaff babies’ blood?

    I think you live in the wrong country, sir.  Not Transylvania.

    America functions on capitalism and never compares the drawing of blood with the making of the donuts.

    Dracula vs. Greenbacks? Not even close.

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  2. America functions on capitalism

    Those were the days, my friend!  Congratulations, ET, on your day trading success.

    We all understand that the price the next guy will pay for our Facebook stock has a lot more to do with current governmental financial mismanagement and with the madness of crowds than with capitalism, i.e. the efficient allocation of capital — you know, projected future earnings, new technologies under development, profitable future investments.

    It is possible to get rich off the madness of crowds.  The key is knowing when to sell your tulip bulbs.

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  3. Gavin Longmuir:
    We all understand that the price the next guy will pay for our Facebook stock has a lot more to do with current governmental financial mismanagement and with the madness of crowds than with capitalism, i.e. the efficient allocation of capital — you know, projected future earnings, new technologies under development, profitable future investments.

    Exactly, which is why FB came off the long term list and went on the day trade list. I bought it many yrs ago at $80 a share and even without a dividend, I held on to it for yrs (particularly after the purchase of Instagram) because I think it is a well run company developed by a genius.

    What I do not trust is the American voter, the Chinese and the results on November 3. Just looking down the road and hoarding a bit…

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