Yeah right, will end the week under 50 and then continue to tank further following the release of their earnings report. BIG SURPRISE! Every hedge fund guy on WS will tell you the same... Or haven't you noticed that FB ended the day down another 2% on a day when the market was up nearly 100. Tell me genius, are you always this dumb or is today a special day?
It is only down because of netflix...High flying/high valuation stocks traded down...Not just FB...Man you are dumb...The thing is in 5 years Facebook could easily be sitting on well over 100 billion dollars...it has no debt! well very little...Next google? Maybe? Next Apple? sure. You know they won't stop acquiring either.
You are CORRECT, Sir! These sad longs are both dumb and blind to the writing on the wall! All the giant empowered will make out like banditos! Little shorts and longs will get the scraps IF we play our cards well!