Tyler Durden's picture

$28 handle...FaceBook - truly the gift that keeps on giving... massive losses

Current VWAP post-IPO is now only $36.70 and falling

From Options-land:

  • Puts 144k vs Calls 100k
  • Put IV 66.5%, Call IV 55.6%
  • June $30 Puts most active 19210 lots
  • Most interesting is the $45 July Straddle that seems very popular (and the 1 lot $10 June Straddle)

And finally, here is Cramer from February 2, advising his viewers to buy FaceBook, and Morgan Stanley ($19.66) which will benefit from the FB IPO, and is "a dirt cheap stock"

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Cognitive Dissonance's picture

Banksters and WS insiders first to the life boats.


What do you mean they already left?

TuesdayBen's picture

The Billionaire Cap'n is honeymooning.

nope-1004's picture

FB longs getting blowtorched.  LMFAO!!

Ponzi pushers getting reamed.


derek_vineyard's picture

everyone is so over saturated with facebook we are waiting for the next fad in social media

resurger's picture




                                                                                                                                                                     "WHY YOU NO BUY"                                                                                                                                                                                                                    

Unbezahlbar's picture





"Me Luv U Long Time"


"Pleeze Bye"

NewThor's picture

I am saving all of my money for the

MySpace IPO

that fucker is going to be HUGER than anything ever!

Fukushima Sam's picture

Fuck that, the Twitter IPO is going to be EPIC!

Divided States of America's picture

FaceBook should be renamed FacePlant to depict the experience investors has had with the IPO.


Zuckerberg sure got many Suckers into this crap.

NumberNone's picture

Instead of cursing Nasdaq the public should be thanking them for fucking up the IPO.  Had there been no screw-ups the first hours could have seen the stock jump to $70 a share in a feeding frenzy only to give the people that brought it to market days if not weeks to unload on the stupid fucking public that wouldn't want to miss on the chance of a lifetime. 



Oh regional Indian's picture

Did some-one say Twitter (T)?

Or is it Pinterest (P)? 

Or perhaps Pintwitter?

Maybe FB will buy TP? A billion here, a billion there and pretty soon you have a company? A real company with it's own TP to clean up it's Facetous Bullshit (FB)?


We Wipe Our Asses and Your Assets...Clean!



Xkwisetly Paneful's picture

How many indians are there in the world?

and yet it took some american idiot,

as ususal thanks for playing.

Chinese TV ran a show last night about the perils of social networking,

guess who they showed in the background?

THat would put the US bashing zerobrains malcontents on the same side as those totalitarian chinese.

Well done.

For the 3.472,973th time.

If it was underpriced the zerobrains obsession would be no different,

if it was perfectly priced the zerobrains obsession would be no different.

Just post, I hate the US, it is so much simpler.


azzhatter's picture

I hate the US but I really hate that smug little punk Zookerberg

NewThor's picture

Hate only leads to the douche side.

VyseLegendaire's picture

I'm on the same side as the Chinese totalitarians as much at least as I am of the fascist Americants.  What is so great about USA or Mark Fuckheadberg?

Temporis's picture

Quick! Some one tell MDB so he can buy more!

What a deal!

jus_lite_reading's picture

Where's that other scoundrel, what's his name.... you know the one pimping FarceBook?

azzhatter's picture

he's dollar cost averaging

AlaricBalth's picture

Webvan, GeoCities, Broadcast.com,Boo.com, Startups.com, theGlobe.com, InfoSpace and now Facebook.

The genesis of theGlobe.com is eerily similar to Facebook. It was a social networking sight that was heavily into online gaming. Then they launched GloPhone to compete with the major VoIP companies at the time, and promptly fell flat on their face.



disabledvet's picture

Globe's got it beat hands down given its monstrous open. Should be an exciting ending at FB as well!

BobPaulson's picture

Uh, no actually, the pushers got rich. Joe Six pack got reamed... again. cf. Three Card Monte a while back on ZH.


Oh regional Indian's picture

Clearly FB has unleashed it's Down Arrow brigade BP.

Really curious though, was it just meant to be this huge public money steal-a-thon and then bust?

Very curious. 


john39's picture

true... but because this happened so fast, it will be exceedingly difficult to pull off again in the near future.

walküre's picture

Stockholm syndrome

They be back for more pain

boogerbently's picture

Mark Twain:

Man is the only animal you can skin more than once.

disabledvet's picture

More like "Joe Perrier Water." as reported on here with alarming accuracy "there havn't been retail investors in equities for three years running."

CompassionateFascist's picture

That's right. A lot of High Rollers got waxed big by the JewYork Bankster HFT ramp-up that fizzled; expected to sell their Zuckerbait at $70. Now (sez the MSM) they're "mom and pop" launching lawsuits. Comedic.

Manny's picture

Thats what he would like you to think. Sources close to him say he went to find  a business model.

The Big Ching-aso's picture



I think he's banging whatsherface in the cuckoo's nest.

Hugh G Rection's picture

He's short through the Locust Fund.. Suckerbergs!


Cramer finally loses it on air..


SilverRhino's picture

Selling his Facebook Herpes ... the gift that keeps on giving even after you've been fucked the first time.

battle axe's picture

BWAAAA HAAAAAA HAAAAAA. Fuck Facebook. assholes got what they deserved...

walküre's picture

Tylers, just consolidate the FB threads. We're all just repeating ourselves.

A week from today, they will lose the $20 handle.

NotApplicable's picture

No different than any other topic on here. Same story, ever-weakening numbers.

Welcome to the downward spiral. Hope we're both still around once we drop out of the bottom of the funnel.

walküre's picture

Where is this going to end? After all these years of pump & glory (2008 - 2012) we are finally seeing the slow motion market crash and ZH community is getting tired and worn out!


(Disclaimer: Most effective political propaganda ever, may be offensive to some)

We are winning! The markets are crumbling in the East, in the West, in the North and the South! The bankers, the traders and their political whores are pooping their pants and shivering in their boots!

ZEROHEDGE will be victorious!!!

vast-dom's picture


FB dips BELOW 28.99! Now the slide to the bottom!

CALLED IT LAST WEEK........after i correctly called 31......this turd will one day be worth what it's really worth....sub $5.....


Cramer can say anything at this point -- he has explonentially exploding electric negative credibility and what's worse is anyone allowing him to publicly opine is just as bad, if not worse.

NotApplicable's picture

Thing is, it doesn't matter. The only thing that does? Volatility.

The instant everyone agrees with your assessment is the instant they fire up the PPT and clear the decks of the weak, optioned (and otherwise leveraged) hands. The only ingredient they don't  posses is the herd's attention. As long as FB remains interesting, it will be played by the cons at the expense of the rubes.

Reminds me of all of the specialty style scratch-off lottery tickets I see these days. I can understand having a small variety with differing costs/prizes/odds, but there are whole cabinets full of nearly identical tickets, with the major difference being the artwork/name on them.

CompassionateFascist's picture

No, this particular pig will never fly. A few days before the IPO, even GovernmentMotors canceled its advertising on FB. Reason: no clicks on the ads.

BeetleBailey's picture

Cramer should be off the air.