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pod11432
 

Registered: Mar 2008
Posts: 27

 

05-21-12 02:56 PM

I think Facebook with crash to 28ish rebound then continue downwards, how many of you guys are in this trade?

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Surdo
 

Registered: Sep 2005
Posts: 4539

 

05-21-12 03:10 PM


Quote from pod11432:

I think Facebook with crash to 28ish rebound then continue downwards, how many of you guys are in this trade?



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.

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krazykarl
 

Registered: Jan 2006
Posts: 2964

 

05-21-12 03:35 PM


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.



But all of that stock is priced by the last print - how much pain can the big players, that aren't locked-up, take? If this thing hit's 25-27 I see it collapsing. It's one thing to take a 10-20% draw-down over a few months, but another to take a 50% clip in weeks.

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atticus
 

Registered: Mar 2007
Posts: 12635

 

05-21-12 03:39 PM


Quote from pod11432:

I think Facebook with crash to 28ish rebound then continue downwards, how many of you guys are in this trade?



Are you?

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brokerboy
 

Registered: Oct 2003
Posts: 1886

 

05-21-12 03:47 PM


Quote from krazykarl:

But all of that stock is priced by the last print - how much pain can the big players, that aren't locked-up, take? If this thing hit's 25-27 I see it collapsing. It's one thing to take a 10-20% draw-down over a few months, but another to take a 50% clip in weeks.



your living up to the name krazy. the big boys own this stuff at low to nothing prices. there is also holding periods on the stock for them. this reminds me of vonage. the simple fact is its not worth 20 bucks let alone 40 bucks. i don't understand how they are going to make all this money ever but this all being said if this stock is a 100 next year i would not be shocked either the market does what it wants.

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trueandhonest
 

Registered: Apr 2012
Posts: 86

 

05-21-12 03:47 PM


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.



Why do you have to call the guy a clown? With over 4000 post on this joke of a site, you obviously have nothing better to do.

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