for the hedge funds and mms to start playing their games. Profit takers have long taken their profits. FB is one of the most manipulated stocks in the market. Too bad
The Market manager holds back buy orders while placing all sell orders. As the price drops all stop limits trigger causing the stock to drop further. The is how FB dropped 2 dollars from the open in 15 minutes of trading. He then slowly places the buy orders and the stock somewhat recovers. Down on an upgrade a week before earnings? Big money is holding FB at the 110.00 range for a reason and when the manipulation ends FB should fly.
Let's see everyone decides to sell at the same time, dropping the price a dollar or more in minutes. This has been going on for two weeks now. M&M are making a lot of money playing these games
I just hope FB can stay over 110.00 for a couple of weeks. We all know FB will go up almost everyday the last 2 weeks before earning.... 110.00 will be a good start before the runup...
Posting #$%$ that facebook is going to 60, 80 , whatever number you pull out of you #$%$ doesnt not mean anyone is going to sell after reading your garbage. I doubt any of you even can afford a position in FB and have nothing better to do than post garbage from your single wide trailers all day
FB always goes down day after day 5-6 weeks before earnings then takes off 2-3 weeks before earning. Bottom line is FB will be north of $110.00 before earnings are announced