FB and GOOGL should not be associated with other stocks, (specially with those like lnkd,twtr,yhoo, etc) these are leaders among all leaders. In my opinion FB should perform better vs GOOGL just because it has more potential to grow faster. But now the market is looking for low valuations rather than growth. Eventually growth gets rewarded, its the prime metric for succesful stocks.
They report today, and obviously there is no future for this company, wonder how TWTR outlook will affect FB share price tomorrow. LNKD, YELP, TWTR have no comparison with FB.
I decided that I will add every month like one dude wrote here, but I will hedge intraday selling calls. About 10 to 20 minutes from the open its has been clear (most of the times) the intraday direction of fb.
Everybody uses facebook, google works fine, but for retaliers, facebook is the best tool because it targets the audience you need and puts your add in front of you eyes when you check your account. Thanks to fb my business is enjoying a new success.
Last year some big funds sold FB shares, to "rebalance" their portafolios, probably because they had doubts about fb growth, ( vs the high valuation), but where caught with their pants down when fb reported. Now they want to add as many shares they can while the price is still down, but they are getting greedy and want cheaper. DON NOT LET THEM HAVE YOUR SHARES .
Its called a double bottom base. It even undercut the first V or first bottom.