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Joking with friends last night: "Facebook Liked your status." I've held the opinion that FB is poised for major user erosion, as a consequence I took a short p
by chipsy 13y ago
Joking with friends last night: "Facebook Liked your status."
I've held the opinion that FB is poised for major user erosion, as a consequence I took a short position in the stock some months ago. However, since they've entered a phase where they're aggressively monetizing, I'm probably going to get out on the next pullback. I still think the conditions are right, but there's also no catalyst event on the horizon.
- nonchalance 13y agoShorting FB, especially when many analysts have a bearish view, is dangerous. The easy money was to be made in shorting at the IPO. The "catalyst" you are looking for is a real challenger to FB, which will come one day but most likely not until late 2014
- analyst74 13y ago"Markets can remain irrational longer than you can remain solvent." - John Keynes That's especially true with shorting positions.