FB HAS BEEN UP MORE THAN 50% IN LESS THAN ONE QUARTER though it did not make any real profits yet, just Speculation. Facebook will not beat the high earnings expectation that most analysts said because of the cost and maintain are much higher than expected and competition from other giant search as GOOG YHOO AMZN
FB sell off will begin on JAN 30TH
$19 is just two month from here.
The reason why FB did quite well before Q3 was because noone expected good earnings. So noone was willing to buy untill the earnings came. Now, the price has moved so much up that most of the potential for further increase in shareprice has been taken out. In order for FB to continue rising from this level they need to show some serious earnings and that well above what WS expects.