Monday, 18 June 2012

US Stock Tip: Time to Buy Facebook now??

Dear Friends,

As you may know, I have been always negative about going into Facebook IPO. I mentioned to let it go bust before we enter.

My last article on Facebook:

NOW however, I am turning bullish about this stock. This is one stock that is hard to value but having been short down hard since IPO, I think it is overdone. These couple of days we have seen a strong upwards momentum shooting past $30 from a low of $25.

This stock may be a long term play by buying its Stock. Or if possible, I am looking at its options for short term play.

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