My comments on this article:
http://seekingalpha.com/article/2304465-facebook-is-about-to-step-on-googles-toes
Video content of FB cannot be compared with Google just because of the revenue sharing model. I am not a buyer of FB at this level for sure. I am neutral and want to see how it shapes up. Technically above 66 is a good buy with 70 being the target. If you add stops of 64, the risk reward is not great to take this trade.
My action is do nothing.
Facebook fell well to 55 level recently and if you have already missed the boat, above 65 area is another opportunity. But need to tread cautiously since it is already up 20% since it's fall to 55 area...
Buy (if you will) but with caution is my view, feel like a dip coming to the markets now..
