Well, Farcebook is giving back some of the 19% increase from the prevous day.
If Fakebook continues to go south, and approaches this past Tuesday's close before the next quarterly earnings call, shouldn't that tell you something, investors? If that happens, exceeding Wall Street's expecatations quarter after quarter STILL WILL NOT BRING THE SHARE PRICE UP TO ITS IPO PRICE.
Perhaps the activity in these two next trading seasons are or will be a result of (short term investors) taking profits. Once that process dies down, perhaps Farcebook will continue in a northwood direction,beat expecations again next quarter, and those IPO investors can continue to reduce their unrealized losses and one day $38.00 a share will happen and we can all rejoice . But do you believe in Santa Claus, Mother Goose and/or the tooth fairy?
I don't. FACEBOOK REMAINS A STRONG SELL!!!!!!!!!!!!!!!!!!!!!