LONGS: WHY DO YOU WANT TO LIKE THIS STOCK SO MUCH?
In investing, let alone trading, it's important to be emotionless and not succumb to the human weakness of emotion. FB has shown again and again-- on a technical, fundamental, and profound level -- that it is not a stock worth buying at anywhere near this valuation. Yet for emotional reasons that mean nothing ("It's popular!" So what! It doesn't make enough income or have enough growth to support its price), you want to like it. Stop being so naive and wasting what is presumably your hard-earned money. This one is a turkey.