Sometimes I come on this board and try to say something that actually has helped me. I'm a real live person. My process might not work for anyone else. But it's a rare day to find someone in the real world who will offer any information on what really makes things work. In my opinion, selling has been the most difficult part of the skill set.
So he or she has to have it together to some measure. Hard to say.
Then there's Jim Cramer who said last week that the first thing a trader needs to do is pay off interest bearing expenses/cards. For myself, I'm just an accidental trader who has learned one thing out of necessity: I only started making anything after I began paying bills with some profits. Tomorrow is hard to predict, but if a few bills get paid, that's getting ahead. At least it's something no day can take away.
Did he trade once too often? Come out, come out wherever you are!
So it's easy to see where a ST trader would think this is shortable about now. Unless someone can ignore or endure the occasional downside, I'll just enjoy, and to an extent resent, reading posts by greater fools. Hello, cashbar.
...At the moment, I can't think of any.
A drop to $100.00 would be no surprise. FB can be so wicked, bursts of energy from the share price can be so perfunctory. The outlook here is not negative by any means, rather subdued until the 200 home base takes a piece as usual. I can divide by 3, but the targets are confusing to some degree because none of them account for future activity from the CEO.