Facebook Crash

Damn, I bet you regret saying this now. :D


Quote from hajimow:

If FB ever hits $31, I will run from my home to WALL STREET NAKED !!. That is about 300 miles !!
 
Here are the headlines on FB from StockWatch..
------------------------
Headline
2012-06-22 12:46 FB News Release Pomerantz Law Firm Reminds Shareholders of Facebook, Inc. of Upcoming Deadline -- FB
2012-06-21 13:18 FB News Release InNova Files Patent Infringement Lawsuits Against Facebook, PayPal, Others
2012-06-20 11:16 FB News Release Block & Leviton, Along with Susman Godfrey and Hausfeld LLP, Announce That They Have Filed A Securities Class Action Lawsuit Against Facebook Inc.
2012-06-19 14:55 FB News Release King & Nix and Morgan & Morgan File Class Action Suit Against Facebook, Inc. and the Underwriters of the Company's Initial Public Offering -- FB
2012-06-11 13:57 FB News Release Hagens Berman: 42 Days Remain Before July 23, 2012, Deadline in Securities Case against Facebook
2012-06-08 12:03 FB News Release Pomerantz Law Firm Reminds Shareholders of Facebook, Inc. of Upcoming Deadline -- FB
2012-06-05 14:09 FB News Release Pittsburgh Law Office of Alfred G. Yates Jr., PC Files Class Action Lawsuit On Behalf of Shareholders of Facebook, Inc. (FB)
2012-06-05 08:00 FB News Release ITG Hires Guo Chenggang as China Online Gaming Analyst
2012-06-04 08:35 FB News Release Top Tech Analyst Issues Special Report for Investors on Facebook, Apple, Google, Microsoft, and the Coming TV Revolution
2012-06-01 19:13 FB News Release Stamell & Schager, LLP Initiate Class Action Lawsuit Against Facebook
2012-06-01 18:00 FB News Release Kaplan Fox Files Securities Class Action on Behalf of Purchasers of Facebook, Inc. Common Stock
2012-06-01 15:35 FB News Release The Law Firm of Criden & Love, P.A. Announces Investigation of Facebook and its IPO Underwriters
2012-06-01 13:04 FB News Release Pomerantz Law Firm Reminds Shareholders of Facebook, Inc. of Upcoming Deadline -- FB
2012-05-31 09:24 FB News Release Stock Market News for Thursday May 31, 2012: NVMN, T, FB, WFC
2012-05-30 19:13 FB News Release Hach Rose Schirripa & Cheverie, LLP and the Law Offices of Jay Saltzman, P.C. Initiate Securities Lawsuit Against Facebook, Zuckerberg and Underwriters
__________________________________________

Could it possibly be that a bunch of people who pulled a fast one are draining their institutions' funds to jack up FB in the vain hope that if they can fend off the lawsuits and investigations they can stay out of jail?
 
Quote from Hansel H: Could it possibly be that a bunch of people who pulled a fast one are draining their institutions' funds to jack up FB in the vain hope that if they can fend off the lawsuits and investigations they can stay out of jail? [/B]

I love a good conspiracy but I sort of doubt anything can fend off the lawsuits at this point ...

I think it's more likely that the app store concept and some retail investor interest is providing the ~30 support.
 
Quote from Hansel H:

Here are the headlines on FB from StockWatch..
------------------------
Headline
2012-06-22 12:46 FB News Release Pomerantz Law Firm Reminds Shareholders of Facebook, Inc. of Upcoming Deadline -- FB
2012-06-21 13:18 FB News Release InNova Files Patent Infringement Lawsuits Against Facebook, PayPal, Others
2012-06-20 11:16 FB News Release Block & Leviton, Along with Susman Godfrey and Hausfeld LLP, Announce That They Have Filed A Securities Class Action Lawsuit Against Facebook Inc.
2012-06-19 14:55 FB News Release King & Nix and Morgan & Morgan File Class Action Suit Against Facebook, Inc. and the Underwriters of the Company's Initial Public Offering -- FB
2012-06-11 13:57 FB News Release Hagens Berman: 42 Days Remain Before July 23, 2012, Deadline in Securities Case against Facebook
2012-06-08 12:03 FB News Release Pomerantz Law Firm Reminds Shareholders of Facebook, Inc. of Upcoming Deadline -- FB
2012-06-05 14:09 FB News Release Pittsburgh Law Office of Alfred G. Yates Jr., PC Files Class Action Lawsuit On Behalf of Shareholders of Facebook, Inc. (FB)
2012-06-05 08:00 FB News Release ITG Hires Guo Chenggang as China Online Gaming Analyst
2012-06-04 08:35 FB News Release Top Tech Analyst Issues Special Report for Investors on Facebook, Apple, Google, Microsoft, and the Coming TV Revolution
2012-06-01 19:13 FB News Release Stamell & Schager, LLP Initiate Class Action Lawsuit Against Facebook
2012-06-01 18:00 FB News Release Kaplan Fox Files Securities Class Action on Behalf of Purchasers of Facebook, Inc. Common Stock
2012-06-01 15:35 FB News Release The Law Firm of Criden & Love, P.A. Announces Investigation of Facebook and its IPO Underwriters
2012-06-01 13:04 FB News Release Pomerantz Law Firm Reminds Shareholders of Facebook, Inc. of Upcoming Deadline -- FB
2012-05-31 09:24 FB News Release Stock Market News for Thursday May 31, 2012: NVMN, T, FB, WFC
2012-05-30 19:13 FB News Release Hach Rose Schirripa & Cheverie, LLP and the Law Offices of Jay Saltzman, P.C. Initiate Securities Lawsuit Against Facebook, Zuckerberg and Underwriters
__________________________________________

Could it possibly be that a bunch of people who pulled a fast one are draining their institutions' funds to jack up FB in the vain hope that if they can fend off the lawsuits and investigations they can stay out of jail?

Why doesn't StockWatch have a headline for when the Russell decided they were going to put FB in the Russell 3000? Seems to me that is probably what has influenced the bounce the last couple weeks.
 
Quote from monstimal:

Why doesn't StockWatch have a headline for when the Russell decided they were going to put FB in the Russell 3000? Seems to me that is probably what has influenced the bounce the last couple weeks.

Yes, that should be headline-worthy. Kinda hard to avoid including FB with its massive market cap in a 3000-member index based on market cap though. FB still selling 105 P/E. No excuse for that. There's gotta be a major manipulation factor here.
 
Wiki:

Much of (Yuri) Milner's early career was spent working for Mikhail Khodorkovsky, a business tycoon who has since been imprisoned.
(imprisoned for fraud and tax evasion)

For information on the nature of Mr. Milner's relationshp with Mr. Zuckerberg check the Wiki article on him.

______________

Below are listed insider participations in the Facebook IPO.

The Mail.RU company and all of the DST companies cited below are headed by Mr Milner.




Insider Transactions Reported - Last Two Years

Date

Insider

Shares

Type

Transaction

Value*



May 21, 2012

MAIL.RU GROUP LTDBeneficial Owner (10% or more)

19,600,699

Direct

Sale at $37.58 per share.

736,594,268



May 21, 2012

MAIL.RU GROUP LTDBeneficial Owner (10% or more)

18,274,924

Direct

Acquisition (Non Open Market)

N/A



May 21, 2012

DST GLOBAL LTDBeneficial Owner (10% or more)

5,987,318

Direct

Sale at $37.58 per share.

225,003,410



May 21, 2012

DST GLOBAL LTDBeneficial Owner (10% or more)

5,987,318

Direct

Acquisition (Non Open Market) at $0 per share.

N/A



May 21, 2012

DST USA II LTDBeneficial Owner (10% or more)

27,178,393

Direct

Sale at $37.58 per share.

1,021,364,008



May 21, 2012

DST USA II LTDBeneficial Owner (10% or more)

2,104,467

Direct

Acquisition (Non Open Market) at $0 per share.

N/A



May 21, 2012

DST USA LTDBeneficial Owner (10% or more)

9,821,228

Direct

Sale at $37.58 per share.

369,081,748



May 21, 2012

DST USA LTDBeneficial Owner (10% or more)

5,875,646

Direct

Acquisition (Non Open Market)

N/A



May 21, 2012

DST GLOBAL III, L.P.Beneficial Owner (10% or more)

17,750,421

Indirect

Sale at $37.58 per share.

667,060,821



May 21, 2012

DST GLOBAL III, L.P.Beneficial Owner (10% or more)

590,337

Direct

Sale at $37.58 per share.

22,184,864



May 21, 2012

DST GLOBAL II, L.P.Beneficial Owner (10% or more)

17,750,421

Indirect

Sale at $37.58 per share.

667,060,821



May 21, 2012

DST GLOBAL II, L.P.Beneficial Owner (10% or more)

2,085,289

Direct

Sale at $37.58 per share.

78,365,160



May 21, 2012

ZUCKERBERG MARK Officer

30,200,000

Direct

Sale at $37.58 per share.

1,134,916,000



May 21, 2012

ZUCKERBERG MARK Officer

30,200,000

Direct

Acquisition (Non Open Market) at $0 per share.

N/A
 
all you guys are talking about is this argument about a huge difference in the opinions of many investors...
the truth always comes out in the wash.. and to me it seems that last time i check no one can see into the future.. granted intuition helps but risk management keeps you in business! and the greater the difference in opinions the greater the move in the stock when reality strikes!
so therefore.. i would suggest a long volatility trade.. since at some point the cats going to out of the bag and fb is going to come up with a way to kill it with all that information we just give them about ourselves or its bust and the stock gets cut in half... so my thoughts learn to ratio backspread with options... short one call at a lower strike then your long two... 1x2 such that you are liable for just the difference between the strikes and the cost is a slight debit or credit.... if your completely wrong you don't have to pay so big for it! yet if fb blows up to be google money machine then you see exponential gains without near the investment or risk of just buying the stock
 

Attachments

fb dont waste time with it. you try to take $ from manipulators with tons of superior info. who knows maybe that is main fb income :)

will revisit somewhere in the future
 
Chartwise, FB looks to be making a lower high....and it's definitely rolling over now. 33 was the recent high...that's a good stop loss on short positions.
FB earnings announcement will be huge, but even larger: guidance for the 3rd quarter. If the guidance is weak, look-out below.
 
Quote from syswizard:

Chartwise, FB looks to be making a lower high....and it's definitely rolling over now. 33 was the recent high...that's a good stop loss on short positions.
FB earnings announcement will be huge, but even larger: guidance for the 3rd quarter. If the guidance is weak, look-out below.

Again my thoughts... find some leaps .. put a long vol trade in either a strangle, straddle, or a wrangle..
 
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