Facebook (FB) stock dropped back below $28 today ahead of earnings. Facebook (FB) is expected to report earnings of $0.12 on $1.15 billion in revenue (more). FB will have resistance at $30. Facebook (FB) is a buy belowThursday is a crucial day for Facebook. The social media giant will report its first quarterly earnings as a public company in a conference call at 5 p.m., which will impact Facebook's stock price and measure how successfully it has monetized theThroughout the past 60 years of technological advancements, the landscape has been strewn with those who dominated the tech sector but are now defunct. Just a few examples are Word Perfect, Lotus 123, Novell, and -- soon -- desktop computers.My current position is short FB Stock Jan13 25 Put @ $2.34. With the earnings disappointment, I'm thinking about buying puts using part of the option premium received to hedge the current position. Your idea on FB weeklyHere's a look at how FB stock has fared since IPO. Facebook's stock fell 8.5 percent during the regular session Thursday, then dropped further in extended trading after the company reported quarterly earnings for the first time as a public company
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