SELL FACEBOOK (FB)
May 18, 2012
This post was just published on ZYX Buy Change Alert Consider selling FB right here at $38.08 and exiting the trade.
Proven Track Record of Most Accurate Analysis
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of Most Accurate Analysis
This post was just published on ZYX Buy Change Alert Consider selling FB right here at $38.08 and exiting the trade.
This post was just published on ZYX Buy Change Alert FB has now plunged to $38. Please ensure that stops previously mentioned are in place.
This post was just published on ZYX Buy Change Alert FB opens at $43 and is now falling to $42.37 as of this writing.
This post was just published on ZYX Buy Change Alert Apparently large number of orders on FB are being cancelled. Markets are fickle but for the time being it appears that our calls to cancel FB open orders was spot on.
This post was just published on ZYX Buy Change Alert NASDAQ NDAQ has failed to open FB on time. Apparently demand is less than expected.
This post was just published on ZYX Buy Change Alert New FB indication is $42 on 55 million shares. This is a lot lower than bulls had expected. If it opens at $42 and does not move up from here it can pull the entire market, especially stocks like ZNGA, GRPN, GSVC, RENN, QPSA, AOL, SINA, ANGI, NTES, DMD, YOKU, YNDX, YELP, and P down.
This post was just published on ZYX Buy Change Alert At this time the price indication for FB opening is $45 on 18 million shares. FB will start trading at 11:00 am ET.
This post was just published on ZYX Buy Change Alert It appears that some institutional investors received larger allocations of FB shares than they were expecting. Such investors may flip at the open or in the coming days. For the above reason the recommendation to buy FB shares in the open market is being cancelled. Those who received FB shares in the IPO at $38 may stay alert to a signal on the Real Time Feed. Such investors may also consider setting the following stops: $37.83 on half the position, and $37.48 on the other half. FB is not likely to break the