Just in case FB investors don’t know, but Facebook is doomed just like all other Nasdaq related stocks. Facebook is running out of people as even the younger crowd is bored with it. After all how many cat and dog tricks are there? This rally that could be just finishing is just another bearish rally, but a small one to boot. If such a small counter rally can get the FB bulls all excited again, then they are pretty easy to fool on any counter rally of larger degree levels. Still, even if I had the available cash I personally would not short FB, Apple or any other popular stock, that many are also trying to short. TSLA also has an open gap, below present prices.
Elon Musk thinks he is bigger than the entire market, as he is constantly fighting the TSLA bears with his own stock purchases.