Another Facebook case FB

March 7th, 2013, 03:59 PM

I am a beginner trading stock and options. I sold short 500 shares of facebook today (500 shares at 28.37) and bought to cover same day (The 500 postion at 28.10)
I felt very good about that!
The point now is, I feel the craving to sell short again at the current price (28.58), does it make sense? Something I am supposed to see on the today's chart that can tell me otherwise?

March 7th, 2013, 04:10 PM

Please search before creating new threads.

There is already a thread for Facebook:

FB - Facebook

Shares set to open @ $38 Friday.

They have tweaked standard practices and are allowing selling to start taking place at 91 days, where typical IPO's have 180 days before selling.

I can't short this stock fast enough. I despise Facebook …

I am closing this duplicate thread.

Mike

Another Facebook case FB

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