Time to Long!

My chart says FCPO has reached bull territory, my money is also on the Long side now. See you at the top!  LoL!!! (Worst case scenario : Cut Loss only what. If scared,better don't trade, ok?) LOL!!!

LOSERS

WTF these people (FB investors) were thinking, prices dropped - Sue, what if prices were up? Are they going to share their gains with Mark Z? Hell..

...

Mark Zuckerberg faces ANOTHER lawsuit over charges he knew Facebook's price would drop and cashed in $1.1 billion before shares slumped

• Shares of the social media giant have dropped 30 percent to below $27
• Lawsuit says Zuckerberg's notice he was dumping 30.2 million shares of Facebook on the first day of the IPO is proof of their claims
• Previous lawsuit says the banks knew Facebook revenues would fall short of expectations but only told a few major investors

By Daily Mail Reporter
PUBLISHED: 19:00 GMT, 4 June 2012 | UPDATED: 11:57 GMT, 5 June 2012
 Facebook's botched Initial Public Offering has drawn yet another lawsuit as angry investors are claiming Mark Zuckerberg knew his company's stock price would tank and sold out $1.1 billion-worth before shares slumped.
The class-action says Zuckerberg, along with other Facebook executives and the banks behind the IPO, had inside information that the social media giant was over-valued, but didn't tell the public.
This allowed the stock to open at more than $38 a share. The price immediately dropped precipitously in the days after the May 18 IPO.  By Monday afternoon, it had fallen 30 percent, to less than $27 a share.

Read more: http://www.dailymail.co.uk/news/article-2154529/Mark-Zuckerberg-sued-Facebook-boss-faces-lawsuit-charges-knew-share-price-drop.html#ixzz1yZzIrdva

End of May, Take Profits

FCPO, cash out. Good lucks to those who are still HOPING it can drop further for now. LoL!!!

Chart of the Week - Facebroke! LoL!

Or should I change my post title to "How to lose 18% in one week" LoL!!!

Facebook - Facebroke LoL!

Overpriced, Overvalued, Oversold...

guess who made the bucks:

Morgan Stanley, others make $100 million profit on Facebook trades: WSJ

Thu May 24, 2012 1:51am EDT

(Reuters) - Morgan Stanley and other underwriters have made a profit of about $100 million stabilizing Facebook stock since trading began on Friday, the Wall Street Journal said, citing people familiar with the matter.
Facebook's listing, envisioned as a crowning moment for an eight-year-old company that has become a business and cultural phenomenon, has instead turned into a legal and public relations fiasco for the company and its lead underwriter, Morgan Stanley.
As a lead underwriter, Morgan Stanley would receive the largest chunk of those profits arising from stabilizing Facebook's stock price, the people told the Journal. These profits come on top of millions of dollars of IPO fees, according to the newspaper.

Sell in May and Go Away... working again LoL!

Game on baby!

Time to Short???

Yes, No, or Maybe? LOL!