It's Time For Investors To 'Like' Facebook Stock
by Stock Reversals
Is it time to get long Facebook (FB) and just hold it?
Facebook stock has had a wild ride since the IPO at $38 per share. A harrowing drop to sub $20s set the stage for a sentiment and behavioral bottom. At the time, there were calls for $10 per share from the talking heads on Wall Street and many retail traders. We became interested in the stock around $22 per share and then we saw a run to $32. As we approached $31-$32 per share we saw the sentiment patterns peaking out there and grew a bit cautious. read more »
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More on FB
Facebook's Growth Story, Is It Search? by Marshall Hargrave
Facebook Worth $35 by Ryan Perlowin
It Will Be A Good Year To Watch Facebook by John Mylant
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