InvestorsHub Logo
Followers 448
Posts 7031
Boards Moderated 1
Alias Born 08/09/2009

Re: cifikea post# 15608

Tuesday, 10/23/2012 11:38:54 AM

Tuesday, October 23, 2012 11:38:54 AM

Post# of 37779
Facebook FB is rallying ahead of today's Q3 report - short-covering is likely a big factor (16.5% of the float was shorted as of Sep. 28). The bull argument: shares are down 48% from the IPO and 27% since the Q2 report; monthly users just topped 1B; and Facebook is pulling out all the stops to improve monetization, with some success. The bear argument: U.S. PC activity is plunging thanks to the mobile shift, shares still carry lofty forward P/Es, and buyers could be cautious ahead of a huge Nov. 14 lockup expiration.


Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.