The best kind of manipulation is when you can use the truth to move a stock. The stock went down on the rumor, and then it went down when the rumor turned out to be true. This report could very well be true, but releasing it moves the stock. It it later turns out to be true then the stock may move again.
Retail in general has been getting killed. Macy's plunged today and took the rest of retail with it, including NKE.
When you are taking percentages, the absolute price of a stock does not matter.
Stock has been very good to me as well, but I got out on the last run up the the 27/28 area. It's been running up and then running down again and again. I'm waiting to see when things settle.
Making false claims to manipulate the price of a stock is a Federal crime, whether it works or not.
Given that this is in the mid-teens, a "rebound over 2.25" would not be particularly meaningful. Perhaps you meant something else?
Making a specific claim like "SEC halt" with the intention of manipulating the price (whether it works or not) is a Federal crime.
Google did something similar a while back. That is why Google (now Alphabet) has two tickers, GOOG and GOOGL. It was huge news, and Facebook is pretty much copying what they did.
Obviously meant "Google" not "Goggle". I blame auto-correct :)
It is similar to what Google did. The class C shares represent the same ownership as class A shares, but they will have no voting power. Goggle (now Alphabet) has two tickers, GOOG, and GOOGL. GOOG has no voting rights, while GOOGL shares do. The market therefore values GOOG slightly less than GOOGL, and the same is likely to be the case to the Class C versus Class A shares for Facebook.
Zuckerberg has class B shares, which have 10 votes per shares, versus 1 vote per share for A shares. Doing the split will allow him to use class C share as you say, but it will preserver the voting power of his B shares, which (if given away) would massively dilute his voting power.
You will not get B shares. You will get C shares. B shares have 10 votes per share and are held only by insiders, like Zuckerberg.
You get 2 class C shares for every Class A share. In effect, it acts like a 3 for 1 split, even though it is structured somewhat differently. The class A share will be worth 1/3 what it was and the class C shares each will be worth 1/3 of the current, but since you are getting 2 of them for each current class A share, they will make up the other 2/3 or the current value.
1/3 + 2/3 = 3/3 = 1. The value of your holdings does not change.
After the fact, the market may price the non-voting shares somewhat less.
Google did something similar a while back.
They are showing the PE for the trailing 12 months. As each quarter is reported, that gets modified.
From Key Statistics
Forward P/E (fye Dec 31, 2017)1: 28.06
PEG Ratio (5 yr expected)1: 1.03
Forward PE and PEG are what matter. Market is forward-looking.