End of day buying was fast and furious - short covering or bargain hunting?
It really doesn't matter which, because the little market correction is over, and the markets are heading higher next week and will take FB with them. Hopefully, FB will have nice NEWS and FB will lead the markets higher.
I think it was partly day trade short covering. But apparently some big boys are buying too.
There are still big investors thinking the 1B users may be of great asset to FB. But this view is not quite as strong compared to a few months ago.