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Facebook, Inc. (FB) Message Board

  • pn1409 pn1409 Apr 18, 2013 4:53 PM Flag

    I need a stock tip: short FB before earnings?

    yes/no ??

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    • rwolek Apr 19, 2013 5:52 AM Flag

      Here is my PERSONAL input: As of the plunge, we open in uncharted territory. The plunge, as a writer suggested, could have been due to a (bad) earnings leak. So it may drop near term. And it may recover as May approaches--based of empty sentiment alone, perhaps. For me, everything pivots on how I see the stock price's interpretation of the Thursday decline. Is the market convinced that smart money is temporarily taking refuge? And if the price should settle (short term) at 17pps, then I would expect some upward movement before earnings.

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