Facebook Crash

[Hansel H]

Quote from atticus:

If anything you'd have to be nuts to short it at this level for fear of some sort of syndicate bid.

$80B market cap. That would take a mighty big bid for something that seems to be at or near maturity, especially something so dependent on intellectual property rights.

 

[atticus]

Quote from Hansel H:

$80B market cap. That would take a mighty big bid for something that seems to be at or near maturity, especially something so dependent on intellectual property rights.

Rly? So you're inferring that a certain volume is required to see an increase in the bid? I've seen shares gap 30 handles on the first 100 shares traded.

If this forum for real or am I being played?

 

[shopster]

Quote from atticus:

If this forum for real or am I being played..........?

A,

not even april 1...............

gotcha.

s

 

[Pekelo]

Quote from zdreg:


he averages 1.85 posts/day.

Completely irrelevant. Posting average has no correlation to quality, and Surdo was an ass for attacking the OP, who asked a legitime question.

Now going back to topic, I agree with OP, somewhere it does have to bounce. So 28 is just as good as 32 or 25....

 

[atticus]

Quote from Hansel H:

By the time it's shortable it will be <$18. A short squeeze setup then might be doable but any rally is unlikely to be sustainable; it will take too long to indicate a reasonable P/E.

You can short it TODAY, unlimited, for a quarter under the NBBO bid out to July 20.

 

[peilthetraveler]

Quote from Surdo:

What are you basing this on?

You forget most of this stock is in the hands of institutions that will buy the stock lower and hold it for more than a day you clown.

Stock hit $28 today. When are those institutions going to start buying?


(guess we know who the real clown is now, dont we?)

 

[hajimow]

If FB ever hits $31, I will run from my home to WALL STREET NAKED !!. That is about 300 miles !!

 

[Hansel H]

Quote from atticus:

You can short it TODAY, unlimited, for a quarter under the NBBO bid out to July 20.

Thanx Atticus but my broker (TD) sez sorry, no can do.

 

[atticus]

Quote from Hansel H:

Thanx Atticus but my broker (TD) sez sorry, no can do.

I assure you that you can short a 29 call and buy a 29 put at TOS.

 

[atticus]

Quote from hajimow:

If FB ever hits $31, I will run from my home to WALL STREET NAKED !!. That is about 300 miles !!