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Facebook, Inc. (FB) Message Board

  • gf995 gf995 Nov 17, 2012 8:35 AM Flag

    FB hits IPO price - what day, folks ?

    All those shorts who said the stock was worth $5 seem to be hiding out now.
    As we've said all along, give FB some time. Some patience.

    They maxed out the IPO price and left nothing on the table. That's capitalism.

    Muppets, bag holders, longs.... time for us to have the last laugh in a few months.

    So when do we get back to the IPO price?
    Bragging rights for the poster who guesses correctly.

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    • Amazingly, the 5-day chart looks pretty good and FB actually crossed the 100-Day Moving Average. That said, the fundamentals still are awful and anyone who bought this in the $30s and $40s are still so underwater. If you are in the green, it would be so much smarter to take profits, and start looking for a stock with far better fundamentals and buy as the market drops. There is a whole market full of stocks that have far better risk/return prospects.

    • steve689 Nov 17, 2012 10:57 AM Flag

      By the end of the year

      Sentiment: Strong Buy

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