As we anxiously await the titanic announcement about to spew forth from Menlo Park, we thought a look at 2013's +20% performance was worthwhile. We would expect to hear a plethora of 'monetizing mobile' and a cajillion eyeballs must mean something. Will the Facebook phone replace the Obama-phone? Will being 'liked' provide external stimulus? Will they be merging with Dell (or Radioshack?) Feeling bullish? Be wary, implied vol is at its most expensivce to realized vol in 7 months... Rest assured, we will bring the critical headlines as they break...
- *FACEBOOK SAYS IT'S A PRODUCT ANNOUNCEMENT :FB US
- *FACEBOOK ANNOUNCES GRAPH SEARCH :FB US
FB stumbling now -1.7%
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Implied vol is very expensve to realizeds (i.e. people are 'hedged')...
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