Z needs to deliver results that exceed analyst expectations, state something in the works in generating advertising revenue like search engine that challenges Google and able to convince employees not to dump their stocks when lock-up expires as they can get more if they hold for another six months. We will see stock price back to its IPO price.
agreed.. the float still bothers me though.. are they prohibited in some way from starting a buy back of shares? they really need to cut that in half at LEAST.. more if possible.. if they did ANY buy back it would send the stock skyward
That thought crossed my mind but very unlikely as they just went IPO. They need the cash to advance further their technology. My horizon in this stock is one year so I does not bother me too much. There will be volatility along the way and if you cannot handle that then block yourself at looking at the FB ticker and come back in a year and you will me much suprise. I day trade but not this one. It can spike significantly and I want to be in the stock. Look at the investos in this stock - you have Goldman Soros and etc. This guys have long term horizon and they know that this is a bargain basement price when they look back in a few years. Good luck!!!