FB - Back from the dead?

[nillionaire]

Anyone selling at $38 or could this go higher in the near term?

 

[marcoPolo21]

Quote from nillionaire:
Anyone selling at $38 or could this go higher in the near term?

currently selling most of my 2014 Calls,
and will probably buy more 2015 Calls, on probable pullbacks,
or will sell some weekly Puts, to possibly add to stock position, probably


marc

 

[SuperCruz]

HeSaidSheSaid, that’s a good breakdown of FB’s current and probable price targets. I agree that we could easily see $50 for FB. It has one of the largest returning customer bases of any web site in the world and it has figured out a good mobile strategy. That alone makes it an appealing company to invest in.

 

[lwlee]

Interesting article. Psychologically, FB could have a hurdle around 38 due to burnt investors who want to get out at break-even from IPO day. Plus I think FB has a 100 billion market cap around 40-42. I still think it has room to power up. When did overvaluation ever stop a hot stock from moving higher?

Why the Facebook rally could end at the IPO price

 

[Cdntrader]

Quote from Cdntrader:

Bit of a breakout in the summer froth.

Run to 27.5 on earnings?

55....geez up 100%..can we do it again to 100?