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Facebook, Inc. (FB) Message Board

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  • tech_stock_technician tech_stock_technician Nov 14, 2012 10:48 AM Flag

    They are trying hard to keep this stock up

    Are you blind. It just did. Who do you think is buying this morning. All those who thought the stock was going to tank. You and other retail amateurs on this board are still stubbornly holding your shorts. Should have been smart enough to put a stop loss in so you could short above 25. Amateur.

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    • Ok, sir. You're right, the stock has been a real winner since the IPO. I'm comfortable with my position. There is zero good news to come on this POS. Earnings pop couldn't even hold. Best of luck to you....

      Sentiment: Sell

      • 1 Reply to invst2013
      • tech_stock_technician tech_stock_technician Nov 14, 2012 11:03 AM Flag

        I don't think FBs valuation makes it a good investment, but for a trade, the stock was oversold regardless of the lockup expiration. The professionals shorted it BEFORE the expiration, not after. That's why they make money and most retailers lose. You should neither like or dislike FB. Just trade it. I'll be happy to short this dog, but at higher prices. The point I was trying to make was that the shorts ARE being squeezed this morning. No other way to explain a pop on the day of the mother of all lockup expirations. If you can't see that, you may want to keep your day job.

104.07-2.47(-2.37%)Feb 5 4:00 PMEST