Buy Ebay low around $50, run the price up to $53, sell the options, then sell the stock to lock in option gains. Look for the stock to run up to $55 after option expiration.
Not surprising after a 100% gain FB would pull back. How many Hedge Funds or experts on WS made 100% this year. Yea not many.
But fact revenue for FB is 6.87 billion, yea billion with a B. What this means is the business is real, FB can attract advertisers, not some pipe dream.
The technical: Looks like it is going to regain the 50 day MA, and the full stochastics has crossed, MACD D is also heading back to cross and the RS (relative strength is back over 50). Why all important these important signs are what make funds and retail investors buy the stock.
My expectations are for FB to form a cup and handle before another break out. Now mind you this would take two to three months.
Always looks like a pump and dump. Someone buys at 50 then sales back. Always looks good around fifty. But long term not sheriff this company can make it as a major retail force against Amazon and others. But I think it should be able to kick the #$%$ out of the. Overstocks and Groupon.
Best time to push a stock is when there is little news. I expect stock to run to $10 before it meets resistance. Long-term I expect it to not have a good holiday season and to fall after Thanksgiving. I would ride it up to Black Friday then sell it.
Too many sitting on a 100% or close to it gain this year. Sold in the AH to bag profits. Message was just an excuse to sell IMO.
BB is so cheap and it gives FB a field to play in. But I think FB's view has always been having our own phone does not move the needle. They want to be on Android, Apple and Windows. Don't see this idea changing.
What you need to ask your 7 year old is how much money do you have to spend? The people I follow on Facebook, mostly friends and relatives are adults with real jobs and real money to spend.
Barb, sorry you don't understand the real world. Are you still buying news papers for watching CBS, NBC, or ABC news. The world of advertising is moving past print.
Do you still write letters or send hundreds of emails to your friends. Facebook is the new source for sending information.
Stock moving up, I think it will hit $60 by Jan.
Earnings don't lie, kids are just one part of the market, You really want the adult market 22 - 55, this is where money is spent. Looks like it should be up from this point.