1. 90 % OF analysts bullish
2. It is taking over the world.
3.All of th competition can't make a dent in its earnings.
4.Jim Cramer climbed on board to be the #1 cheer leader.
5.The stock isn't overpriced.
For a company that's supposed to be turning around, there is no doubt in my mind that the stories are being manipulated, along with the stock.
Either the company is puffing up its cost structure, (which is supposed to be positive) , or the stock itself
has an MM who is playing games.
The deal reeks of sheer panic;.
The buy will not be acretive to earnings for many years to come.
From now on, the only way FB can continue to support their stock price, is by manipulation through BS. press releases.
It reminds me of Kim Kardasian, all show and no substance.
Too bad. It has now broken down below the 50DMA.
Either one of them means squat.
Moving averages give you the past. There is no way to predict the future prices with them.
Are you still paying attention to the Wall Street mumbo jumbo?
IF THEY COULD ALWAYS PREDICT FUTURE PRICES, WE'D ALL BE ZILLIONAIRES.
The last earnings resulted in hardly any movement even though they were great.
In fact, the stock sold off the next day.
In other words, FB is only up 1.98, since last October 30.
The stock has done nothing in the last 3 months.
On top of that, there are a heavy 13% of the shares in short position.
The growth is phenomenal, and soon it will be an integral part of every new T.V. set.
Dow futures only down 21.
You don't think you can beat the Wall Street scammers, do you?
Everyone knows the Dow Dirty 30 is manipulated.
The psychology is set by the WSJ and Barron's, the two scandal sheets that lie, connive, and cheat.
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