Facebook Hits New All-Time Highs

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About: Facebook, Inc. (FB)
by: Arun Chopra CMT, CFA
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Arun Chopra CMT, CFA
Long/short equity, contrarian, portfolio strategy, fusion trading
Summary

FB has bounced strongly off the lows and recently made a new all-time high.

A lot of people panicked out at a deeply discounted valuation.

See how we traded it in real time.

Given the bounce in Facebook (NASDAQ:FB) and tech in general, I thought it would be a good time to share a key trade I made within 1 day of the low in FB.