I haven't written my diary since Wednesday because of constant headache due to bad cold I caught during last weekend. However, I couldn't take more days off because of routined busy schedule toward the month end. I am an accountant and a financial analyst, though I am actually an economist.
Football season almost past except Pro Bowl and Super Bowl 50, people started talking about Sounders' 2016 season and I planned to go watching more matches at Centurylink Field. However, Mariners' baseball still had deep roots in Seattle, baseball fans wouldn't give up their loves. I probably will go watching a couple of games as well.
Facebook jumped back to near historical high in after hour trading. I had expected it but only vaguely tweeting it having become my lifetime nest. Had I posted the recent drop to 90 bucks level being a classical setup, the earning release would have been mediocre, the stock price might have been down to 85 bucks.
I was so happy that one of my IRA accounts fully loaded with FB's shares would be appreciating 12% on Thursday. Another IRA account opened with another online broker was also fully loaded with FB's shares but very insignificant. However, let me check it now... I bought only dozens shares in this account at the price of 61.91 on 4/10/2014, now unrealized the gain is already 81.22%.
My optimistic assumption is FB's stock price to appreciate 30% each year until the end of 2025 when I will start cashing out from my IRA account. It will be 130%^(10) = 13.79 folds growth.
After I post this assumption, you will see many ridiculous downplays will float around because investment community doesn't allow certainty. However, price of dozens stocks have jumped up dozens times in the past 10 years, so I don't think 13 folds in the next 10 years for FB unrealistic.
Now it is time for me to help GPRO & TWTR turnaround.
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