I think it runs up into earnings and reaches about $60. I own JAN 14 55 Calls (cost basis $1.02), so obviously I am hoping for a long run. I am only concerned that the run-up into earnings means will be followed by a sharp correction. FB needs at least 100% YoY earnings growth to warrant a continued run into the end of the year. Revenue needs to be well above consensus as well. I may lighten up significantly if this run continues over the next 3 weeks, but I am definitely excited for the rest of the year.
So, to answer you question...conservatively---$70 at year-end?
Yep, smart move on SODA. I'll be watching it this summer and play into the holiday season if it cooperates again this year. It brought me Christmas cheer 2 years in a row.
Like the TIgers this year, for sure, and the Wings are making it interesting which is all you can ask for right now. Over-achievers, but I will take it! Datsyuk returning to Russia after next year?? So sad...And I spent the last 6 months becoming fluent in Russian for WHAT?? Hope Kenny lets him write his own check.