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One thing that may keep some shorts a little honest (and by honest I mean balls out feeding frenzy) is that from what I understand Nasdaq shortened up the time requirement for FB inclusion in its affiliated indexes.
Someone should check me on this but I think it was 1 year but FB is only 3 months. There an index fund etf etc that tracks an index FB would be included in will have to buy it. Does that change FB intrinsic value? No. But does it prevent a full fledged short assault? Possibly. As pointed out above, the options going live today did the common no favors.
As tired as I am of hearing about FB, I admit I can't help but watch .... and opine apparently HA!
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