$FB : Potential H&S
Don't short a bubble early into its bubble rise. FB headed to $150.
No way Dink. It will not be long before businesses figure out that much of what FB sells as ad space is garbage. Click farms, false users, bogus accounts blah blah blah. Ad investor ROI is what matters and the numbers just are not there and likely never will be. The only time I have ever clicked a FB ad is by mistake. I have asked many many people who i am friends with who all say the same thing. Anecdotal I know but I believe it points to the bigger picture. FB earnings right now are mostly a smoke screen.