agree even bulls would be smart to sell this now,as losses have to be huge ,buy it back,even if it heads back to 6 in 30 days if you belive in this,i dont have any position in this.,but this cos stock vale for retail folks in more than a month is the write off
big boys booked profits already,the last month was about that and getting rid of 3 mos of ridiculous options speculation,buying will likely start right after the holidays,this leaks over 50 over the next week or 2
love the stoc but its not going 20 percent in 3 weeks, 9 is the ceiling thought at 8.50/8.75 im happy,i bought at 4.25
yes it will o[ptions expiration is behind for a cpl of weeks and the last 2 expirations have taken out enough speculation to let fb run to low 50s
they have no earnings,the co is struggling to hold onto its corparate clients,they have assets,but clearly they arent saleable except liquidation,chen warned you guys this was at least a 6 qtr deal.i think it fails as apple and sammy take over bbry corparate business
fb will break 50 this week options expiration is over for a cpl of weeks and a huge amount of speculation has been wrung out
because to a large extent they make sense,watsa knows what the offers were and who made them,chens job is to stop the bleeding.this co will be taken private,and a managed bankruptcy may be he way.
wrong,the stockwill rally,the last month has been about getting some of the speculation out of the options players today was the beginning of the end,the massive amount of 50 calls and higher likely should do the trick.fb is a laggard and expect pros looking for something to head back yo fb,tsla etc big 2 weeks coming
monthe coiled spring is going to go boing,its now a laggard and the options players crushed,the stock is free to move,this will be over 50 by new years,provided the options players dont pile in
the set up is complete,options expiring,didnt perform in the rally,expect a move over 50 by weds.
its all about options,until the options players are subdued this continues doing nothing.look at the action in the 50 call its ridiculous,60s too.
next week,this will have 2 weeks before options,if this doesnt move next week its not moving til after the new year.