You like Spy puts? I picked up a few mid day.

Dang, get back from work to see everything I was looking at got hammered.

scooping up any nflx on this red?

Chart looks pretty interesting. Hope it makes a move like in late Dec 11'.

Thanks. Ha, I understand. Great board here. Only been following for about 3 weeks. Already made a few nice 50%+ gains but playing it very conservative so far.

You like the 72.50s or $75s better?

Email sent.

Quigley and DRock, please email Merr, see the address on the other SWI board. He can give you my address. Feel free to send me an email. I have been exploring direct placements and a new preferred share series.

Unreal. Excellent play. I know what Ill be doing next Thursday/Friday. I need to be positioning for the next 20-40 bagger.

Got any new plays to watch for next week?

Welder, any thoughts? You can email Merr and you are more than happy to email me as well. I emailed Merr recently so he has the address.

email sent.

Welder,

I just emailed Rainer and they would be open to the approach and use the funds to take out some of the more dilutive financing. However, I believe each investor participating (buying the securities) would have to be an accredited investor as Rainer alluded to. See link for current SEC def. http://www.sec.gov/answers/accred.htm.

Even if a LLC or LP was formed for that purpose it would have to have over $5 million assets in the entity. Maybe a few of our bigger SH's can be alerted and see if they want to propose to mgt. After of course, them gauging the situation with Chuck, chairman, and Rainer and seeing how close we are to real production.

Call Rainer. Some firms have done direct placements to SH's. The preferred is also an idea.

Maybe knight could give facebook the same treatment they give the pennies they trade and quit whining. The average retail is the one who should be upset here.

On a similar note, they could get a few of the physical certs and sell it on Ebay as stock they bought in the market from Zuckleberg himself. Could be true.

We gonna get a bounce in MWW here? Looks like this is a make or break month of trading.

Huge volume now. Doesn't look good for now. Need some catalyst.

Yep. My space sold itself for peanuts cause its value was tanking. Had they sold themselves 4 years earlier they would have fetched 50X more. At least FB sold itself in time.

But this is FB. And I heard this really smart guy created it to help make the world a better place. Seems like they know what they're doing.

Wheres the big volume on MWW coming from? Why down with some decent buys?

Wow. Really crazy to hear that. Wish you could have convinced you wife that was not a good move. I know kids who bought to be able to say they owned some. Uh, they took a nice sharp slap in the face as it tanked. They soon learned Zuckle and friends are about cash just like anybody else. Anyone, sorry to say Ive been in FB puts for awhile and still hold a few contracts for $26.

Your wife made you buy a grossly overvalued stock? Thats like your household contributing to this Zukleberg kid's fortune at an exorbitant level. What was her logic?

But they have servers and have more than double the cash they should have on their balance sheet by selling their grossly overvalued stock. Slick move on the kids part.

They are inherently more valuable by billions because of the cash they have on hand. Over 10 billion in cash when that probably should have been the valuation for the entire company. Sorry normal Joe, you got the shaft. Helping to inflate a company that supports a culture you don't even like.

Now 3 characters with pump interviews and articles. Some hedge fund kid calling FB "cheap" at $26 on mkt watch. Argument was loads of cash on Balance Sheet due to fleecing the public and you're actually buying the stock (must have for tech funds) at $18 or 25 eps. Thats the call.

Looks like it. Oversold condition and some rumors of some sort of news that nobody knows what the value implications will be but it will sound good.

Goodness. Looks like a automated buying program here. Don't know how long it will last. Maybe shorts will load back at the peaks.

CNH! Where are you? Lets do this.

At least Zucker got to dump on retails.

Market has already factored the negative sentiment of a high profile IPO tanking. Any further decline will simply be an indication of horrible valuation and the mkt will not care at all.

Okay, so broader market shoots up and FB does its morning spike, sucks in more "investors" and then tanks lower? All that tells me is there is a major valuation problem here.

The only thing they can hope for is Zuckle being like Jobs in that he allows these estimates of slow growth and poor numbers to come out and then surprises everybody with great numbers. But then again I shouldn't even mention Zuckle and Jobs in the same sentence.

Now that would have been a great trade.

Thanks nlightn. How do you usually play it when its already ITM? So far on my only 3 other trades I have been in and out as the price approached that level but never breached it. I know if we reach $25 the intrinsic value is already $1 and I really like it to go to at least that level.

Im sure he's fine.

Real

Any new insights for the board? What is your opinion on the recent news and developments? Always good to hear from large SH's. Caper's comments are welcomed too.

How high does it ride until its time to reload on puts? Im watching GRPN here.

Yeah the figures shouldnt be a problem. Now the actual contract going into production will probably not be 50 million, but I think investors already know this and it will still be very positive. It should give confidence that as the relationship begins, we can reasonably expect more of the referenced RFQs to come into production in the future.

Dont think so. Production of the contract will be enough. That will give many relief and give them confidence that more production will follow. While numbers are important, I believe the sentiment is more important.

I know its not anyone's responsibility, but if they release that news, followed up with more capital structure improvement/restructuring news, while somehow the lenders hold off on converting to let it run. That would be the perfect setup.

Picked up some $26 puts this morning. Looking very nice. Sticking with FB for awhile as I get use to the options movement. Just watching other options to learn.

CNH! Waiting and watching for production.