Why would I change ANYTHING II am doing with my FB investment when we are 1 day away fro earnings?
Based on everything I know, this stock is very volatile.
Based on everything I know, they have beat earnings estimates for the past 4 quarters.
Based on everything I know, their mobile ad sales should be up somewhere between 20 and 38% for the 3rd quarter.
Could the PPS go down a few bucks? Yes.
Chances? IMO 50%
Could it stay relatively the same? Yes
Chances ? + or - 20%
I think the chances of rising $5 are greater than dipping $3.
GL and just sit and watch.