Facebook (NASDAQ:FB) earnings make for a collapse further unlikely. I wanted to make an article about this but I feel I can't do it justice with the short time I have right now. Facebook earnings, are the least to say amazing top blue chip stock material. Low running costs, their servers and employees cost a bit but compared to their earnings it's minimal. As Facebook seeps around this $25, how about picking up some half positions and ease into the stock as a swing trade? Averaging down or up with the other half position over the next week will give you some flexibility as well.
Very unlikely FB will be in the position GRPN is where it loses 60% value in it's first 6 months..FB earnings are too monstrous. GRPN's profit model can't really be compared