Many bad news priced in and moving within range 114-119 until next good news (Jan ER). CFO comments on 2017 guidance still hold!
How Will Share Buybacks Affect Facebook Stock Price? http://tinyurl.com/jkss74h Support to the stock price in these volatile times.
Facebook will begin its share repurchase program in the first quarter of 2017, and its SEC filings indicates that the company will execute an open market buyback plan. This means that Facebook will repurchase its shares at whatever the market price is at the time, just like an individual investor would.
When a stock breaks out and reverts back to the B/O point, that's a sign of weakness. Also don't like long upper wick on daily candle..
Really is No Reason to be short this until it breaks this rising edge. And when it does it is probably going to 75 or 90. But benefit is to the bulls. Not this year though, 2017 , I'll bet a $1 it sees $140 before $100.
sold my 12/9 & 12/16 calls for 50% losses each - This is why I trade options with small amounts so as I don't blow out my account! cut the losses and let the winners ride!
FB quick. I only have a 200 loss. willing to get out now with that in tact if fb is going to trend down. was up?
https://techcrunch.com/2016/12/01/f...udents-interested-in-artificial-intelligence/ Facebookâs advice to students interested in artificial intelligence
FB Looks GROSS. Weekly closing below the 40 Week MA for the second time in a month and First times in a longggg time (since 30's)
