This is our second sale of our position in Facebook (FB) stock. Â We believe in profit taking when we have triple digit gains. The stock charts are beginning to weaken and I am concerned about weakness in the S&P 500 and fear a stock market correction. We like Facebook stock longer term but given how overbought the stock currently is and the fact that we had a 109% profit I decided to sell another third of our position.
Congratulations TCT members with a 109% gain!
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