If you think facebook is worth 100 billion

Quote from atticus:

Sure, you're on. I will PM. We can update this thread per the original bet conditions at expiration on 11/12/2012.

I will lay 5:1 AGAINST a touch of $15.33 on FB shares anytime before the close of LISTED trading during NYSE hours on 11/12/2012. I will pay 5x the wagered sum if FB shares $15.33 any time during the period in question.

You will pay 1x the wagered sum if FB shares DO NOT touch $15.33 prior to the close of LISTED trading during NYSE hours on 11/12/2012.

Amended to highlight that no trading outside of NYSE hours will be honored by the bet. The bet should not be subject to some BATS trade at a nickel in the pre/post market.
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http://www.elitetrader.com/vb/showthread.php?s=&threadid=243653&perpage=6&pagenumber=11

only a few dollars more.
 
I think you are late.

: )

Just glad August is done and back to full-time trading again after a lengthy 'typical' August break.

Makes up for last year (had to cancel 3 week vacation) when debt rating was downgraded and beginning 8/05/11 we had extended high volality and large moves across many asset classes.

peace

hedvig
 
Quote from ChkitOut:

as you can see, todays 5% bounce was no accident. technically speaking :cool:
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How many shares did you buy?

since no accident, must be easy money.

sweet
 
Quote from BlueTurtle:

How many shares did you buy?

since no accident, must be easy money.

sweet
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i assumed about a 60 or so percentage chance of bounce, so i don't know if you would call that easy money. i bought a million shares fyi..
 
Quote from ChkitOut:

i bought a million shares fyi..
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Zucksterscam has a few lying around.

it will be a cold day in November before he can dump them out at a few bucks each.

:D
 
FB has 10B in cash ... almost 5$/share ... they probably can't do a buyback cause they have lock-ups coming up, but sheez ~

Zuck saying he won't sell for a year makes getting into the SPY more difficult as iirc 50% of the company has to be in public hands. QQQ should happen in December ~
 
Quote from ChkitOut:

Mission accomplished. If you look at a minute chart you'll see it bounced at 17.58 to the penny, then tested it a littel later. I suppose you might see a bounce the next few days, perhaps.. or not. :cool: But I think you're getting great risk/reward equation to buy here.

Probably risk 2 dollars, to make 2 or more dollars and maybe 65% chance of success is a good traders equation. Maybe 35% chance it collapses even further before a bounce to that small trading range from august. Or you can buy a small piece and simply average down 2 to 4 times and get your odds of success really high.
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mission accomplished part 2. 2 dollar target reached.
 
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