Wednesday, August 1, 2012

Facebook Stock reaching 50% off

Facebook stock is reaching it's 50% off price from the IPO.

  Facebook FB Ipo price of $38 has plummetted to $20 level in today's trading. As mentioned before in a previous Facebook Stock article, Professional traders will more than likely short this stock to 50% of IPO price then look for a settling price for support and buy back.

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