1,000,000,000 lock-up shares hitting the market Oct 15-30
FB started with 2.2 billion shares. That was one of their biggest mistakes when you look at their projected eps. After the election and the politcal adds disappear(advertising), FB could easily dip another 25% easily. The other large company GOOG after last election was over, dropped from 777 to the low 400s, again the billions spent on poltical advertising dried up. Expecting a major correction for GOOG after the elections is quite probable as well. JMHO gltall longs.