FB: Short sell

holmes16

Junior member
32 2
One thing to keep in mind with FB is how the Americans take companies public. They tend to issue a very small percentage of the float to the public. This means that all the crazies that believe the stock should be worth $1000 will serve as a backstop. That said, I agree that the stock should be priced lower.
 

jacknapier

Active member
157 2
I'm convinced some hedge fund with more $$$$ than any of us mere mortals will ever possess, has an auto-magical algorithm pumping the crap out of that thing. There's just no fundamental reason for the pump.
 

daxd

Newbie
1 0
FB is clearly an overvalued stock but it has shown recently it can actually achieve revenue growth from mobile ads and e-commerce efforts

I initially thought it was a dead stock and I was going to short sell it, but the recent rally shows that market sentiment is positive though this is probably just speculating buying as its 'Facebook'.
 
 
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