This post was previously published on ZYX Buy Change Alert
FB CEO just finished his first interview after IPO. He did great and elevated concerns about mobile strategy.
The fly in the ointment is that the stock is expensive and there is still an overhang of sellers. For this reason conservative investors may not want to enter this stock.
Aggressive investors may want to build up to a 20% of full core position size in FB in the zone of $19 to $20.15. No stop for the time being. Target zone is $32 to $34. This is a very long-term position.
Caution: risk is high.