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Facebook, Inc. (FB) Message Board

  • glass_haf_full glass_haf_full Jan 26, 2013 8:52 AM Flag

    Pro who is short FB expects $40 short term

    This quote from Barron's article today on Elkhorn fund manager(Sanborn):

    "Take Facebook, which Sanborn began shorting after its May 2012 initial public offering. The stock, which has a $67 billion market value, may go to $40 in the short term, he says, but that doesn't change how he feels about the long-term prospects or, rather, the lack thereof."

    I'll take $40 short term!

    Sentiment: Strong Buy

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