If I'm honest, I'm not that bullish on FB. I like it long enough to hold till our first anniversary, but after that I'm dumping it! It was a trade gone bad, that didn't look that bad from an investment point of view, so I did an intra firm transfer...pleased overall with the result, but I feel like I'm the one holding the potato hoping my fingers don't get burned. Not happy with the past 6 days, 40% gains or no. Edit: 40% trading gains, that is. Not 40% overall...the last couple days have been more painful than can be can't overcome on m good trading weeks.
There were big sellers in tech stocks on Friday. I believe that they are back today, and when the momentum guys will join in.... (When they will join, I don't know, could be Friday or Monday or the beginning of the month.)
covered FB 148.2 +1.8 probably at the top of the bounce, story of my life. but i never know how far these bounces wil go.