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The market does seem to punish companies not meeting earnings projections by a 10%-20% drop in the stock price the day after the earnings release.
Since I anticipate Farcebook will NOT meet projections, I would say 14.00 would be the new baseline.
Anyhow, like I have said before FACEBOOK IS FAR WORSE THAN A STRONG SELL!!!!!!
Sentiment: Strong Sell
Oh yeah... tell that to Netflix and Green Mountain and Zynga and... the list goes on.