Anyone Betting on Facebook?

Discussion in 'Stocks' started by cactiman, May 31, 2012.

  1. Opened a small initial position today in Facebook, with FB @ 27.19.
    (via Bull Put Credit Spread)
    Bet: FB will close @25 or higher on 01/18/13.
    Possible Net Gain: 79.63%
    :)
     
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  2. I'm betting against FB by way of $20 July puts. So far, so good. FB could turn into a fiasco.
     
  3. Facebook has lost almost $40 billion dollars in valuation since its high of $45 per share less than 2 weeks ago. Has any other company in history that wasnt going bankrupt lost that much without any negative news?

    I will buy facebook when it reaches $1.
     
  4. Cool.
    More risk = more reward.
    How LOW will it go?
    $13.80?

    After FB finds a bottom (mid to low 20's?), I'm hoping 7-8 months is enough time for Zmuckface & Co. to figure out a way to monetize and make it go back up!
    We'll see.
    :)
     
  5. FB is a tough buy. Why would I want to guess before seeing a quarter?
     
  6. i am betting you won't see a nickel...........:)

    i luv when they open it with a gap

    gap close and the puke.

    beans in the teens.

    s


    :D
     
  7. Actually, I'm a lot more optimistic about FB's future than you are. I would think GOOG will buy them out before they hit $4.
     
  8. Here's hoping for a rally so that I can pick up those $16 July puts for an all-or-nothing nickel.
     

  9. diversify your holdings, get some of this loser too.

    they all go to zero.

    some just sooner than others.

    s

    :D
     
  10. Rate of descent is changing. Took my little profit. I can afford lunch today (hamburger and coffee + 25-cent tip). Hoping for a rally so's I can get back in.
     
    #10     May 31, 2012