Shorts will be covering in the weeks ahead, not today. The Facebook euphoria will fade quickly. The smart traders will sell ZNGA on any break above $9-. Should ZNGA rise above $9.50, it is time to take out a short position again. This is a fantasy world with virtual profits. Once the mania is over with Facebook (Tuesday or Wednesday next week), short that stock as well. Ain't no Google,and never will be.
And I guess your the stock God... Geez what a in denial panzy!!! This will be well over 15 years end. This will show itself as an investment as people began to appreciate Facebook's earnings by years end.
Only watch the numbers, and see if the truth is born out. Doesn't Hattiesburg have something to do with Mark Twain? Was he just a plain cynic or realistic about human nature. Meanwhile, jump on the bandwagon so long as it moves in the proper direction. Systemic risk is what the current market is all about. It is widely known, and widely ignored.