I don't know, maybe the upgrades/increase price targets have something to do with it............ 52 week high will be set again sometime between today & Friday..... Only the 8th time it has done it in the past 9 weeks....... (can't buck the trends shorty)
Like I said yesterday. Those that took profit and shorted this stock will not be happy. Go long and you will make some real cash. Try and play the short game and you will loose with this stock. This stock is headed up and up. I know it does not make sense but none of these stocks do. This is about the personality running the company, just like Apple. I hit the lottery on this one and did not even have to pick one number between 1 and 59.
"Facebook Inc. FB +0.24% rose 6% after three sessions of losses. The social-media company got an upbeat write-up from Youssef Squali at Cantor Fitzgerald, who said Facebook is one of the major Internet stocks positioned to benefit from Europe’s economic recovery."