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Wow, thanks @redratsal - what a great story. Made me feel like we were back in the 70's when actual people invested in companies and markets because it made sense. Someone should tell this child prodigy that human beings have no place in the financial markets today, and that all investing decisions will be made by super computers who will enter and exit shares millions of times a second, for the sole benefit of their quickly richen-ing proprietors, at the expense of regular Joe human investors.
Cue Wall-E picture now, and a prediction of our wonderful future ...
This will be the control of screens with sunglasses screens. People will look like zombies walking around in streets with there hans seeking for something.
the floor volume and position in FB options would possibly indicate an opinion that FB will trade in the low to mid 20's. Even here at 29 they are like 90+ times earnings.
