BLODGET: I don't want to be apocolyptic, but ... Facebook could be a $6 stock. Fair value probably closer to $16-$24. read.
21 May 12. (2012 tweet)
Bottom line Chartists wanted Aapl to kiss $80 ish, and many " seek and destroy algorithms" may be looking for mother load of stops around $495 which may trigger a flash crash aapl style. Tim Cook china visit spoiled that party, as such Yarow is their messenger.
I just wonder why these guys get to say wild things, and CEOs get shackled from even tweeting or writing on Facebook. ( eg Hastings and Netflix).