FACEBOOK ….

as hard as I try … it’s simply hard to not get caught up in the emotion/hope and chaos of the IPO.  WE ARE ALL HUMAN!

Let’s face it … FACEBOOK has changed the game.

I spent last week at the Mid Atlantic Digital Marketing Summit and I was blown away by digital media and the incredible connected nature of our being – right here, right now.  WOW … and, guess what, Facebook did it ….AWESOME!

so ( as a BEAR), when they went to IPO,I honestly thought they were like BLACK ROCK (BK)  and thought … “this IPO will signal a top in the market.”

Well, as you my faithful readers know …it didn’t call a top in the market….

I was flooded w/ calls about “getting in the IPO of Facebook” and I told EVERYONE to “be patient, a buy will appear.”

So…this being BARTSCHARTS (thanks Kathy) here is the real time email traffic to my institutional clients:

Sent: Tuesday, September 11, 2012 10:46 PM
To:
Subject: FACEBOOK
 
FB target is, essentially hit….
The move is approaching….
Bart
 
Sent: Sunday, August 19, 2012 10:44 PM
To:
Subject: FACEBOOK
  
BUY FACEBOOK in/around 15-17.
STOP OUT IF WE HAVE A DAILY CLOSE BELOW 14 …..
 
RISK 5%
 
Bart
Portfolio Manager
http://www.v50capital.com
703.431.9020

V50 Capital Management, LLC provides investment management and signal services for Commodities, Options and Forex investments. Note: Commodities, Options and Forex trading involves substantial risk, and may not be suitable for everyone; trading in these markets should only be done with true risk capital. Past performance either actual or hypothetical is not indicative of future performance.
V50 is NOT a registered securities adviser – the information/ opinion we provide in regards to Securities, Mutual Funds, ETFs and or Bonds (SEC regulated markets) is an uncompensated opinion; you are free to use this opinion in any manner you choose, and in no way affects the terms of service provided by V50 in regards to your managed Forex/ Commodities account.”

Here is the current chart w/ the dates annotated …..
FACEBOOK

FACEBOOK

nothing more to say …. great patterns/off FB goes …..

2 Comments on “FACEBOOK ….

  1. Pingback: FB updated … | Bart's Charts

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