FDNYret
Short

Weekly Bearish Harami Cross, Daily Doji at a top indicates $FB f

NASDAQ:FB   FACEBOOK INC
Fundamentally Facebook             has serious problems. Their last 10k states " We are under examination by the IRS             for 2008-2010. Our 2011-2014 Tax years remain subject to examination." This information is well hidden in the notes to financial statements in Income taxes. Evidently FB             has taken tax credits on $3 billion of tax loss carryforward over the last 3 years, that it is ineligible for because of change in ownership with their IPO             . Short FB             it is sure to fall. Also Justiceisfalse on this board points out the recent rise in FB             price is a .618 retracement of the high of $86.07 and the low since then.
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