closed right near its all time high, you gotta love how price targets keep going up as the stock advances

All good to great news leading to a higher stock price, last 2 trading days was not good for the general market but f.b. is hitting new highs, very bullish.

I would not be surprised if sometime soon Mark announced that earnings will come in at the high end of the scale, that will set off a frenzy of buying.

Two big events to propell stock value up, 3rd qtr e.p.s. in October and 4th qtr e.p.s. at the end of January, we could be at $55 before the October date and $70 before the January date, by Feb 1, $100 is quite possible, sny support for what I said?

closed at $49.46, nice move up in last half hour, looking good for tomorrow when we should hit $50.

I think the price went up $.40 on that trade, which is a big advance.

probably more huge short coverings coming

any ideas who made that monster trade?

Stock gain on Friday was even more impressive with a big decline in the overall market, looks like $50 is easily attainable before the earnings release in another month, imho with a very good earnings report we will be at $60 at the end of October.

not sure if it is a crazy sick move, some exceptional good news could be in the works, besides a great earning report. Stock does not go up like this and then back down right away.

Wow, that buy cost $130M, has to be a mutual fund buying or a hedge fund.

Nicely said, the bears will do anything to lower the stock price, they are losing tons of money with FB continuing to go up, they talk how the big boys are going to dump and run, Mark and Sheryl are laughing all the way to the bank as they keep making Facebook better and better.

I have to laugh with all this bearish talk and how there is no basis for the stock to keep going up and up, the basis for it continuing to go up is very strong revenue and earnings as we saw last quarter and will see again this quarter and the next. Keep shorting and buying puts, that is good for us long on the stock.

It appears Mark just brushes off all pessimistic talk and keeps adding more subscribers which in turn increases advertising revenue. His decision to take $1 of salary is a brilliant strategy which obviously increases the bottom line.

Instead of puts, call options make more sense now, everything is pointing to another break-away revenues and earnings reports for the 3rd qtr., financial institutions keep buying.

stock may be up 70% and earnings up 50%, but stock price is looking beyond this quarters earnings, if eps is 50% higher this quarter and another 50% higher in the 4th qtr we could see $60 to $70 by February.

next earnings release around Oct. 20

Anyone want to take a guess on revenue and e.p.s.? My guess is 2.2B of revenue and $.18 e.p.s., if these figures come true stock price will move up rapidly.

With todays comeback we are about $1 away from another high, in about 30 days earnings for the 3rd qtr will be announced, if as good as I think it will be then stock price should be over 50 shortly thereafter.

Wow!, they are as smart as I am, that is very good information.

If Mark and Sheryl are listening in, here is some advice: reduce the salaries of all executives including both of you by about 25%, my guess everyone is paying over 50% Federal and State taxes on your wages, that is income tax and medicare taxes, the increase in share value from the increase in earnings will more then make up for the wages you lost, then you can sell your stock and pay about 20% Federal and State income tax. and Facebook will have more cash for acquisitions from the reduced salaries, makes sense.

we needed the stock price to rest for a while, even go down a little before the next big uptrend, it is not healthy to go straight up without some correction, perhaps another few days of either staying the same or down a little more would even be more healthy, as we get closer to an earnings release we may get a big swing up.

It didn't take long to go from $40 to $45, we could be easily at $50 by the time 3rd qtr. e.p.s. is announced around Oct. 20, if the earnings are as good as I am predicting stock price will go to $60 shortly thereafter, then who knows?

you are right about that, hard to believe it keeps making a new high, it is a sign that earnings for the 3rd qtr are not just going to be very good, they are going to be explosive.

If we hit $50 before Oct 20, then I see FB going to $60 with another very good earnings report, that in my opinion should happen by Oct. 31.

$1.73 in after hours trading, we could be at $2.00 in a few days, hopefully more and more investors will come on board with a strong possibility of getting the drug approved.

Very huge, another new high today, this is a lot of fun!!!

need to show the last earnings report was not a fluke, I am counting on $.18 for 3rd qtr eps, if we get there ths stock will soar.

so the immediate crises is over at least for another week, Syria can relax now, not worry about an immediate U.S. attack and there is a good chance it will never happen, with the evidence of what they did something seems wrong here, but then again the U.S. does not want to get involved in another war, tough decision, but I guess this is not the place to discuss politics.

PE over 100 is justifivable due to there explosive earnings, especially last quarter and perhaps the next two or three. Eventually p.e. ratio will come down as pps catches up to earnings.

I'm in for the long term, if the 3rd qtr earnings are very good and the stock goes to 50, then I see 65 not too long after that, and if the 4th qtr is again very good then it is anyones guess how high it is going.

FB got to $42.26 today before falling back, seems to be making new highs every day, looks to me like it is saying we can expect another quarter of break-away earnings

Of course all bets are off if there is a general market collapse, could that happen? of course, sure but that is the risk you take, of course a stop order would be the thing to do to protect yourself.

a question was asked whether Facebook is over-priced, the answer
is yes if there earnings do not go up this quarter, I am predicting a 40% increase over the previous quarter which should easily get the price to $45 and anticipating another 35% increase in the 4th quarter we should easily get to $50-60 by December 31, and then on to $100 all of course imho. Is FB overpriced an $40.55? No, No No., comments?

FB may become the next Google but that could take a long
time, I am not sure there will be a continuation of earnings
growth like we saw the last quarter, I can look ahead to the next quarter and perhaps six months more and see huge growth but not beyond that, I am hoping the creativity lasts beyond that.

Well said! that is why the p.e. ratio is so high, it is reflecting future earnings based on current earnings.

I calculate Sheryl sold about 3.3 M shares leaving her with
about 13 M left, I would say she is a very rich woman, does she
deserve it?, of course she does, Facebook would not be where it
is today without her services, the market has absorbed her selling without much of a whimper since her sales took place
last Wednesday, credit that to the enormous demand for Facebook
stock.

who cares? the pps depends on current eps and future eps, we
all care about that!

Anyone have any ideas on how revenue and e.p.s. will
compare to the previous quarter? I am predicting e.p.s. of
$.18 in the 3rd qtr, a 36% increase qtr to qtr, too optimistic?

if investors recognize another blow out qtr is
coming the stock should begin going up big time from
here.