Irrelevant if your long and the fundamentals haven't changed and the company is still growing, cycles come and go and always will.
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Picked a few up at $30. The SP is down a lot more than the Nasdaq went down overnight. First time I've touched these in a while.
I think Snap is referring to Twitter Turmeric
Calm the farm :) - snapiti was talking about twitter http://www.ft.com/cms/s/0/8e670f40-d...44feabdc0.html
Though, your comment Turmeric did make me wonder what'll happen in October when Theil and co, who participated in the capital raising that set this XRO run off, can sell (I recall they had a 12 month no sale period). Considering they bought in for 18ish, if we're at where it is today, that's a pretty handy profit to book in a year. My feeling is that they are longer term than that, having seen some big potential for the company, but you never know what could happen if the market is still as spooked as it is now...