hmmmwhatgives... as usual you write it like it is. Think our agreed upon pps by earnings day at 4 p.m. is heading towards the $82 number. If we get an $82 closing price or thereabouts, and EPS beats big, $.10 (which would mean a $.50 or higher EPS) and revenue beats big by $100 millio or more (which would mean at $3.266B or higher number; $3.3B I think is possible), and if they can show that their advertising business is not slowing down as everyone is writing but actually is doing quite the opposite, then we have the makings of a huge breakout. But to get to the $90s and eventually $100 a share, Sandberg and Zuckerberg need to start talking about those new monetizations and revenue streams (video ads, ads on Instgram, how they are planning to monetize What's App and Oculus Rift, Internet.org, etc etc etc). When we get that moment, the pps will jump $20 in a very short period of time. After $100, Cramer (whom I loathe) DID say something I hope he's right about: that he thinks like with google that once FB crosses $100 there will be a parabolic rise in the share price. When GOOG traded in 2004 at $85/share, a year and a half later it was trading at $350. A year and a half after that, $700/share. FB has many more revenue streams. I hope Cramer gets this prediction right. I would do the hooty dance naked for that. LOL.
Seems $80 is the line in the sand. My gut instinct is we see as high as $83 by 4 p.m. earnings day on Tues. Oct 28 as long as we have the support of the overall markets. If FB beats EPS and beats it big, say, by 10 cents at $.50 or higher and gets a revenue number that beats the consensus number which is $3.166 BILLION, say, at $3.25-$3.4BILLION -- AND -- most important, if FB can show their advertising business is not slowing down but quite the opposite, shares will rocket to the low $90s. Whether FB can hold shares in the low $90s remains to be seen but we need to get there first. Good luck to all. Frankly, I stick by my conviction that FB will reach $95 by Dec. 31st or earlier and $100 by late Jan earnings. If it's earlier I'll get naked and do the hooty dance!
what makes me suspicious: cnbc is pushing this. #$%$?! It's like they want it to happen. Comment like "fb run getting long in the tooth" makes me say this. Give me a break. Those CNBC guys seem nervous that stock is getting away from them and they'll do anything to stop it. What if... what if this is truly the first breakout like we had in July 2013? And all it needs is a great earnings report and the revelation of those new revenue streams (video ads, internet.org, Instagram, Oculus Rift, what's App, etc,,,) to support it? would that mess up those CNBC cronies? And that Option player who is betting that FB has the usual retrace after a blistering few day run from $70.38 to $78.74?
Options bet predicts big pain for Facebook-OPINIONS WANTED ON THIS BIG $500K OPTION BET FOR FRIDAY-OPINIONS? BET IS FB RETRACES AGAIN TO $74.50 BY FRIDAY OPTIONS EXPIRATION. CNBC REPORTS.
apple azzwipe-you know zip about the future of this stock. Now run along and play in traffic where you can be useful.
Reality? You're on acid! You've gotten it wrong earnings after earnings. You just like reading your own words. Get lost. You're a waste of time on this Board. Credibility? Like you have any? No one takes you seriously little clown. Go play and traffic where your talents are better suited.
BOSTON (Reuters) - The $108 billion Fidelity Contrafund continues to have a big appetite for Facebook Inc's stock, adding to its position in the social media company during the third quarter and praising its mobile ad revenue growth and "visionary management."
The fund, which is the largest mutual fund owner of Facebook, disclosed adding to its position in its third-quarter commentary letter to investors on Monday.
"We continued to favor the stock, in large part due to its mobile-advertising business and visionary management team, and we added to the fund's stake during the quarter," according to the commentary letter.
The fund didn't say how much Facebook stock it bought, but ended August with about 42 million shares. That's up from about 36 million shares at the end of 2013.
Facebook accounts for about 2.8 percent of the assets in Contrafund, which is run by portfolio manager Will Danoff.
Facebook helped the fund beat the S&P 500 Index in the third quarter. The stock is up nearly 41 percent so far this year.
In the third quarter, Contrafund's retail shares returned 1.77 percent versus the benchmark's 1.13 percent advance.
yes hmmwhatgives you DID hit a nerve. And it's a little more sensitive with stalwarts like GOOG and IBM missing big. Amazing how CNBC bozos play down Google's miss. Same thing they do with Apple. No deer in the headlights here. Did you read my posts to Benzilla? It says it all.
You would love that slide putz. Do you EVER post anything positive about FB? N. O. When you show a balanced view, MAYBE you'll be taken seriously.
Same to you Ben. That's the whole point of these posts: to try and help each other. And if either one of us (or anyone else reading these posts) can glean a point of view or information that helps them make the right trade to make money then mission accomplished. Good luck. I know you'll do very well.
CONTINUED PART 2
God help FB if they miss. Will the stock be the beneficiary of a 9%-15% rise should they beat big and with this market volatility? That's the billion dollar question everyone wants to know but can only speculate on. Statistic: 9% moves higher from closing share price on earnings day are the overall average of all earnings reports to date. So my belief system says to me 9% is very likely from that close on oct 28th. And we happen to have some good volatility to the upside (and I think we have a 50/50 shot as so many tech companies are missing earnings that a big beat by FB would cement the view that FB is the big earnings winner and earnings winners get rewarded in kind.) Oct 28th we will all get the answers to these questions. but at least we know a few us are ready for anything.