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Facebook, Inc. (FB) Message Board

  • director9597 Mar 25, 2013 10:03 AM Flag

    completely oversold and still selling it

    Is this institutions dumping it before the quarter end and will re-buy it at beginning of next? I would be buying here.

    Sentiment: Strong Buy

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    • we should be at the bottom, bought more

      Sentiment: Strong Buy

    • If the company would simply do the very minimum to support the stock, we would see it take off.
      FB HQ appears happy to let the thing slide all the way down the H&S pattern. Why shareholders don't speak up is mystifying.

      The only thing stopping the slide to $22 is the fact that this is FB, and it really fits no pattern well since HQ and the market both treat the stock price absolutely abnormally.

      Once they announce earnings date, I think the rebound beings. Right now we are in the no news and silent doldrums of FB. They want you to know they don't care about their near stock price, they resent having to go public, and they only want cultlike investors fully slaves to the stock.

      Stock has some support at $25.91, and is struggling pre earnings and tax season. Very very low volume now would seem to be a good sign. If it can stay above $25 this week, I think we're oversold and in for a rebound to $29. Buyers are going to come in soon, but right now everyone is eating matzoh, filling out tax forms, rolling eggs, and watching march madness. Time to start buying Thursday.

      Sentiment: Buy

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