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realfast95

02/21/13 11:04 AM

#19688 RE: realfast95 #19587

Cramer buys 100 at $27.54.

Facebook is down 3% today on no news, and we'll buy the weakness. It has an impressive user base of nearly 1 billion worldwide and is making progress on its mobile monetization strategy (100% sequential growth in its last quarter and now 23% of total advertising), which we see as improving over the next two quarters on easy comparisons and further investments. Its Exchange product showed progress and is also in early stages.

2,500 shares of FB
$70760 avg $28.304