Originally Posted by
Sanlmar
Consider this a suicide note
Facebook FB
I am short and will add to that position on any kind of recovery from today's lows.
Earnings release after market close today. It's all fucking rosy. They have grand plans to monetize the ever lovin shit out of their users. It is expected to be a great report.
User growth slowing of course.
Basically, I feel all the good news is baked in. I also simply hate the social media sites - TWTR is a favorite short and has been very accommodating.
This is one of those rare times I just feel like taking a shot. I know I am a sinner but I have not looked at the options chain and refusing that temptation deserves some reward.
If Facebook blows it out tonight this W pattern could mean a launch toward the old high of 72. The shorts will squeezed and all hell will break loose so fast there will be no salvation. I will be dead.
I'm not playing for the thrill of fucking victory here. My kids eat. I got stones enough not to chase....
In true grinder style I am gonna book an average of $1.15 on this trade.
I'd love to bink a big score but I'll lock up the sure thing vs tossing the dice after hours with Zuckerberg.