Skip to content

Comment on FB new low (18.23), down 52% from 38 IPO price

Comments

If you thought $38 was a good price, this must be a good time to buy some more with the prices low.

> If you thought $38 was a good price, this must be a good time to buy some more with the prices low.

Only if you never factor in new information to your decision making.

If you $38 was good with the assumption that there would be a pop to $50 then now you wouldn't buy as it's now clear there won't be a quick pop that gets you to $50.

$4 - $7 might be a good price to buy at, might.

AboutSource Built by g1lg1l

Hackerly is an independent reader for Hacker News, built on the public HN API. Not affiliated with Y Combinator.