No bad news and feeble attmept in pre-market to scare selling
the big boys are out this mornig trying to scare recent buyers to sell at low prices before they continue the rise later today. 30 + cent drop on 188,000 shares? give me a break. if you sell in pre-market or at open, you have yourself to blame.
no logical reason to sell. what changed since yesterday? nothing
Problem this morning is Instragram.
Apparently they have lost half their daily users after the debacle last month ... doesn't sound right to me, so hopefully this blows over quickly and does not reflect user sentiment towards FB in general.