You have to beta-adjust this. FB is a highly volatile MOMO stock. The market was down a fair amount today. I am short FB but FB probably would have been down

You have to beta-adjust this. FB is a highly volatile MOMO stock. The market was down a fair amount today. I am short FB but FB probably would have been down 3-4% anyway today, so maybe an extra 3% from this second terrible deal of 2014. I was planning on covering around $50, but given the pattern of the terrible and immature management decisions lately combined with souring macro environment, I'm planning on riding this one down to the 20s