cguthrie922
Short

No news is good news, especially FAKE news for FB

NASDAQ:FB   FACEBOOK INC
Histotically, when the VI (negative) reaches this level, FB             drops at least 0.74%. All trendlines have been busted and an actual bottom to this disaster is unknown             . Some advertisers may be unwilling to play FB's game and the value of the stock could easily continue to suffer.

Once this VI level is breeched, the average drop is 4.82%. I have chosen a more conservative drop based on recent common support levels. My safer play is a decent PUT position that can easily bring in 20-40% within two weeks.

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