Looking for $67-$68 tomorrow. Should make it interesting for shorts.
OK, I admit it, "hoping for" might be more accurate, but we rallied after what looked like it would be another ugly pullback. If we get upward movement in the morning, shorts could begin to run for the exit as their gains begin to shrink. But we probably need a decent overall market for this to happen.
As a long on FEYE you got odds stacked heavily against you. a float becoming larger, banks incentive to upward manipulate is fading at lockup as well, insiders eager to sell. and last but not least, what are you doing buying a stock at a valuation of 8.9 billion dollars that did 250 million in revenue last year and los 125 million... never turned a profit.
that is just pure gambling and unhealthy for the market, longs are nothing but tools for the banks in a bloated pig IPO like FEYE