Just be a bit careful. Market is a little bubbly.

Thanks to silentblogger, Beautifool and one of my colleagues for their input,

I am glad that I didn't buy FEYE earlier. I was planning to buy when it was around 40 but just moved the goal post. It was slaughtered today and now hanging at 28 but probably this is the right entry point. I will watch what happens tomorrow and buy some shares if it hangs around that price.






Posted

Nepboy..Don't touch it until it drops down below $10. If you don't want to hear..like I didn't want to hear myself on PEIX ..go ahead. Nepboy, PM me..let's discuss stuffs.  And let's talk on phone later.

I don't think its going down that much anytime soon unless there a huge market crash. But hey, probably I should hear to everyone as if I had not listened to anyone, I would have lost some money already. Now, I moved my goal post to $20 :)

nepboy,
why FEYE? u don't have anything else to buy? Why u got to buy something that has lost almost 30% in a single day?
Suppose, u loose yr 30% of value in a single day, it is possible that yr GF or WIFE will leave u and here u r trying to buy a sore looser stock which lost almost one third of value in a single day. I hope u r not expert on buying distressed assets otherwise there r plenty of other stocks to put yr money to work for.
By saying this I don't meant there wont be short term bounce on FEYE. If u r good on day trading and techinicals, u sure can give a try for some bounce.

I see upward movement of this stock Today. I bought few today. Planning to keep one/two week in holdings.. share your thoughts!!