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Facebook, Inc. (FB) Message Board

  • sjcheetah sjcheetah Oct 22, 2013 6:31 PM Flag

    NFLX,GOOG money will flow into FB before earnings


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    • Totally agree. The money is always looking for places to go into to multiply. At this point, with GOOG reporting a blow-out quarter in terms of ad revenue, you expect the same from FB. The only concern I have is that if FB goes up too much ahead of the earnings, it may actually sell similar to what we saw with NFLX today. In this market, there is too much profit and the end of the year tax selling may cause all winners to scale back. So, I will actually monitor FB and maybe get out of some of my position ahead of the earnings report. We will see.

      Sentiment: Strong Buy

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