Price Tgt. for the guys matching the sales is 36.00. They will drive it close to that, maybe slightly above, then decline comes in. Then approaching next quarter earnings it will climb up above 36. then earnings will come out and it will get destroyed. Next earnings report will be super over hyped and fall flat, equal to or less than this quarter. All big advertisers are in. No new revenue there. For every small business advertiser joining will have one leaving. Operating costs will continue to rise. FB will be acquiring all sorts of software firms and workers. Any sort of retail product for FB will be an epic fail. Ad revenue capped already. Either they get some real liquid hard assets or they get crushed. FB = $5/share in due time w/o major major changes.
I am with you I bought a bunch of puts yesterday like 30 min before close. However I am a little nervous because it looks like this thing wanted to fly today but the market wouldn't let it. But with that said I believe a lot of the buyers today are just chasing and bidding up but they are to late and next week should see a nice decline