Full disclaimer: I took a bath shorting FB, so this is certainly to be taken with a grain of salt.
The following are just a handful of companies with a lower market capitalization than FB:
Time Warner, Starbucks, FedEx, Deere & Co, Costco, Target, Nike, Walgreen's, Yum Brands (KFC/TacoBell), Dow Chemical, GM, Viacom, and Lockheed Martin.
Though I concede that the market likely won't correct itself in time to salvage my positions, you have to admit the current valuation still seems bizarre.
Maybe FB is the answer to the Fiscal Cliff???
Or as another poster stated this morning....they have found the cure for cancer and even perhaps figured out perpetual motion????
I am short....but not closed out.....I cannot see this staying over $20.00
No reason to rush your position. This will eventually get corrected and get a touch of reality. This pattern is NOT normal and is obviously being manipulated. FB is worth nothing IMHO, it has NO product and it just causes a bunch of noise. Nothing more nothing less....