If the dollar tanks, Comm's and metals will go up.
Looking at the balance sheet and earnings, this baby should be north of $3.50.
If earning is strong, we have to look at forward guidance.
My bet is on higher highs.
Chat heads, comming sooner than planned.
Stock goes back to $30.00+
It's the new FB Home page + short covering = gains.
In two weeks, the Korean War Games will be over and earnings season will start. FB will meet
or beat the street estimates. But--- even if it misses, the EPS will still move up. Shorts that
moved into FB at the $27, $26, and lower range are covering. Next stop on a positive day
will be $28.00
I was looking at the April 25 Call Options, they are up 30% from today's low on heavy vol.
I guess the earnings will be better than forecast.
Market getting dumped on, FB stock goes up. News reports dumps on FB, stock goes up big.
If the market crashes, this baby should be over $30.00?