I started shorting once it hit $40 last friday, I will be doing it until they lock me out, which I think they'll very soon, I will start deliverying the stocks on Thurday, my plan is to cover all my short positions before 1pm on thurday and go long on the same stock thurday afternoon because alot of shortsellers will be deliverying the stock around that time so there will be a small rally in the afternoon of thurday as more people buy the stock and cover their short positions.

Facebook will be trading at between $23-$27 by Tuesday next week! Good bless facebook!

@rollout. Which broker do you use to trade facebook stocks ? Are they cheap ?

rollout care to explain how you so that? kindly??

Mr Moorhead said that
meant the Initial Public
Offering (IPO) had been a success for Facebook's
founders and early investors.
Some of them managed to sell parts of their stakes for hundreds of millions of dollars.
But he said the share price fall could have long-term consequences for the world's
biggest social network.
"The challenge is this will
sully the long-term brand of
Facebook, and in five years time people will look back on the IPO and have a negative connotation and none of that is good for the
Facebook brand and the
Facebook service itself," Mr Moorhead told BBC World.

http://www.bbc.co.uk/news/business-18141990

@youcan'tstopusnow,
According to me, it is good for longterm prospect of facebook for the stock to drop down to $20-$25, and I know this sound like self-serving on my part because I had already indicated that my positions will profit when facebook stock drop but here is the point.

Valuation of facebook IPO is supported by blurry fundamentals, so with the IPO price of $38 facebook will most likely disappoint the market by not meeting the revenue targets that can support such stock price, so to avoid regular missing of targets, facebook stock can as well take the hit now and grow it's revenue step by step than have to disappoint the market quarter after quarter. Again either way I am happy with the way thing are looking right now, couldn't be happier! God Bless Facebook