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Cycle Trading

Historic Follow UP …

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Back on May 18 th we looked at the Facebook IPO
(https://likesmoneycycletrading.wordpress.com/2012/05/18/historic-ipo-2/)

It was the third highest IPO in US history that was accompanied by a Historic Selling on Strength print.

3,654


That’s 3 billion 6 hundred 54 million in selling on strength

Well today, Yahoo did a follow up story.

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source: http://finance.yahoo.com/blogs/breakout/facebook-worst-ipo-ever-144321373.html

I know, I know …

Some of you are going to question my journalistic integrity and accuse me of …

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6 responses to “Historic Follow UP …”

  1. At Ease Avatar
    At Ease

    When are you coming back? Have missed your insightful posts!

    Reply
    1. likesmoneystudies Avatar
      likesmoneystudies

      At Ease,

      I am glad that you find my post Insightful, thanks.

      I am hard at work right now on the Weekend Report which I hope to post by tomorrow evening.

      However, I just couldn’t resist piling on FB …

      Reply
      1. At Ease Avatar
        At Ease

        Likesmoney, There are a lots of us who look for your continual posts as we discuss them nightly and our portfolios. You have been very missed by many, looking forward to your weekend post. 🙂

  2. ALEX Avatar
    ALEX

    I have a measured target of $12 to $14 on FB (Used a weekly chart) : ] …Not all in one move, but I do think we’ll see it trading there. WOW

    I 2nd that…I miss your daily posts, especially Miners and Metals and the Dollar.

    THX ALEX

    Reply
  3. At Ease Avatar
    At Ease

    … so glad I sold my mutual fund the month prior to FB going public. For once my instincts paid off.

    Reply
  4. Lynn Addington Avatar
    Lynn Addington

    Enjoy your posts!

    Reply

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