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Facebook, Inc. (FB) Message Board

  • pjkbrit pjkbrit Mar 15, 2013 2:48 PM Flag

    This is why I am short FB

    Going back to 20...or lower

    Sentiment: Strong Sell

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    • You might wanna pay closer attention to actual fund managers recently buying FB, and less to some goofy "seeking alpha" blogger who doesn't put his money where his mouth is. Seek this:

      Here is What Hedge Funds Think About Facebook Inc (FB)

      By MUKESH VERMA in Hedge Funds

      Published: March 12, 2013 at 6:50 pm

      Facebook Inc (NASDAQ:FB) has seen some intriguing activity from the smart money of late, and while investors tend to pay attention to other investment indicators first, we at Insider Monkey have found it’s important to watch hedge fund sentiment. Hedge funds’ best small-cap picks have historically beaten the market by 18 percentage points annually for over a decade, and since we started sharing this strategy with the public, it’s up on the S&P 500 by more than 20 percentage points in just six months (see how to use this yourself).

      With all of this in mind, we’re going to take a look at the recent action surrounding Facebook Inc (NASDAQ:FB), while also keeping an eye on what corporate insiders have been doing for good measure (learn why here).

      Hedge fund activity in Facebook Inc (NASDAQ:FB)

      At the end of the fourth quarter, a total of 67 of the hedge funds we track held long positions in this stock, a change of 40 % from the previous quarter. With hedge funds’ sentiment swirling, some notable hedge fund managers were upping their stakes considerably.

      D E Shaw increased his stake by a total of 3470%, the largest of the funds we track. Sac Capital Advisors and Arrowstreet Capital were also increasing their holdings, while Clough Capital Partners and Levin Capital Strategies established new positions in the stock.

      All in all, Stephen Mandel held the largest position, ahead of peers Steven Cohen, D. E. Shaw, and Jim Simons.

    • cover it before it is too late for U!

90.5457+0.8157(+0.91%)1:45 PMEDT