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.