Facebook (FB) – Let Flighty Capital Fly & You Sit Tight

By now everyone should be aware of the fact that Facebook (Nasdaq: FB) reported excellent earnings results. But the stock has come off its highs reached ahead of the report nonetheless. That is because its performance, however excellent, was not good enough to keep the scarce capital resources of less patient investors in the stock at its valuation. Long-term holders, patient and willing to achieve a better than 20% annual appreciation rate in this stock will be rewarded, but impatient speculative buyers who took positions into its earnings will seek more prospective pastures through earnings season. I suggest investors let the trading capital run away for now; it’ll return again at higher price levels to support even higher levels later on down the road. See my report on Facebook (FB).

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