What good mood? Many have lost their shirts and those still in will give up and bail. If they do not they are headed for the poor house.
Get it through your head. Facebook will not have a valuation worth $40 per share for years. And that is not a certainty, it will have to grow hugely to attain it. Remember there are only a finite number of people in the world, so the growth is limited, given the huge user base they have now. Of course, with all the cash they will move into other arenas, but it's going to take a long time to grow as much as they need to.
In the meantime the stock price is going much, much lower for the rest of this year.
Makes no diff where it goes short term. Your going to see paid puppets (analysts) give rediculous price targets until it goes lower and then you'll see upgrades and $60 and higher price targets .....its the wallstreet way. Rob the public investor. I don't care , I'll add if it goes lower...... can't beat em join em