Market might turn around by Monday. People will say, "wait a moment...a delay in recovery of the economy is good for stocks." Could be the beginning of run-up to earnings for FB.
Absolutely right. Volume is slightly higher than normal indicates profit-taking. Still plenty of time for FB to recover by the end of the week. Zuck's plans are becoming clearer and Wall Street.
It goes beyond that. Wall St. just loves what Zuck and FB is doing, if they didn't FB would have sold-off on the news. We are likely to rebound strongly on Thursday and Friday.
Absolutely, also pay attention to pre-market tomorrow a.m., if you see short-covering, we will pop at the open.
Usually AH is pretty quiet, however, it looks like some Shorts have gotten antsy and started covering. Expect FB to gap up a bit on the open tomorrow.
Well...the good news is we are unlikely to go lower prior to earnings. Also, you know that right now, it is just a general pullback in the market and not related to FB fundamentals. Like they say, "buy when the street is bloody red." Go for it.....
.....you can't just kick the can down the road by re-financing. At some point your businesses need to be productive and generate some profits so that they can pay taxes and the government's debt can be paid down. The problem is I don't see any AAPL, GOOG, or XOM in Greece's near future.
Also, before you establish a position, consider the viewpoint of the trader on the other side. There are quite a few major players that would be willing to write calls expiring in one week at $90. This is unexplored territory for FB. It may take a few weeks before FB can break $90 or alternatively, FB could hit $90 on Thursday morning and end the week at $86. FB has a history of large pullbacks.
FB is a trader's dream and a retail investor's nightmare. The "big boys" don't care, they've been writing covered calls and making a small fortune.
If you believe the above is true, then why are you investing? If your not investing, why are you posting on FB mb?
The GE mb should be about GE. A 30 Billion dollar deal is about to happen and the front page of this message board doesn't even mention the deal.
...it gave the edge to the Prez and could very well give H. Clinton the Presidency.