Have Farcebook Employees Observed How Their Pals at ZNGA Fared?
You bet your sweet bippy they have. The urge to sell will be strong as the lockup period expires. Some have posted FB stock as collateral to purchase pricey Bay Area real estate. ZNGA employees were rich one day, and it evaporated at mach speed. This harsh reality is not lost on the FB crowd. FB is a very high probability short. $10- or possibly lower.
Sentiment: Strong Sell