Investing 102

[Vince@Meanstreets]

Remember Facebook stock is to generate money for Facebook not a great 1 day bang investment stock but I said the same thing with Chipotle. Time will tell.

[GregWeld]

Originally Posted by Vince@MSperfab

Remember Facebook stock is to generate money for Facebook not a great 1 day bang investment stock but I said the same thing with Chipotle. Time will tell.

Chipotle Mexican Grill (CMG) was a stock, that for me, was similar to Apple.... Every time I went by one - there was a line out the door.
So I bought it (around $85 a share) and when I'd just about DOUBLED my money - I sold it. DUMB ME. I should have held it and added to the position in 08/09.

There is another shining example (go back a few posts to see why I reference it here) of ----- if you only paid attention to the P/E multiple ----- you'd have lost out on what has turned out to be a terrific money maker.

[Bucketlist2012]

As usual , Greg is right..

It was the underwriters..

I was just doing more research..

I am not interested in Facebook, but I am interested in how they play the game..

I smelled something fishy, and I was just trying to determine the fishermen..

I think the people's information being sold, is the key to Facebook, and for me, that is why I am not on Facebook, and why I do not own it..

[John510]

Originally Posted by Vince@MSperfab

Remember Facebook stock is to generate money for Facebook not a great 1 day bang investment stock but I said the same thing with Chipotle. Time will tell.

Ill go out and get some steak tacos for lunch today. The Chipotle near me in Dublin has been here for 2 years and the line is still super long.