Facebook ($FB)

futures tanking not good for fb

 

Passed Berkshire on the list of the most valuable companies, it actually bothers me, does Facebook worth more than Berkshire? Is it possible at all?!

 

that does seem questionable, but could some of it be future expectation?

marc

 

so some left FB to go to GOOG and AMZN causing it to slump post-earnings, but now since that's over do we move back into FB? =)

 

even though earnings have been very good,
i'm [now] wondering if all those FB shares outstanding, from the very large IPO,
are starting to weigh on upward movement of the stock price

the EPS is now [only] a little over $2 per share, which is about what MSFT is...

AAPL is about $8.50, IBM over $12, and GOOG is over $26 !

marc

 

I have orders for 122.50 if it gets there. That area provided 2 days of console so risk free trade at that area.

 

Just bought the $124 puts @ $1.28

Its going down today... $122.50 is a good target, I agree.

 

Doubled down at $0.75... Watch.

Basis now $1.03 ish...

Game over Zuch.

 

Got creamed on this one. Next time I say I'm shorting Facebook, ...would someone please find the nearest large blunt object... and hit me over the f***ing head. - TIA.

 

maybe just the Timing was off

marc