Given how Google's stock reacted after its earning, I'm getting very bullish on FB. People's willingness to pile in after the ER indicates that the risk taking crowd is back.
Let's hope it doesn't run past 70 before ER, so it has more room to run after the ER. If it gets too crazy before Wednesday, then I would probably trim back a little.
Again, a surprisingly good quarter won't move a stock when people are waiting to be surprised, it's like asking people to get high from diet coke when they thought they were gonna get pot. The surprise factor will only kick in if people have reasonable expectations.
Let's hope it doesn't run past 70 before ER, so it has more room to run after the ER. If it gets too crazy before Wednesday, then I would probably trim back a little.
Again, a surprisingly good quarter won't move a stock when people are waiting to be surprised, it's like asking people to get high from diet coke when they thought they were gonna get pot. The surprise factor will only kick in if people have reasonable expectations.