Facebook (FB) Stock IPO Closing Price - $38.23

May 18, 2012 - Facebook (FB) stock closed at $38.23 after a wild first day a trading. After opening at the price of $42.43, shares of Facebook (FB) jumped to $43 and then dropped hard to the pricing point of $38. The underwriters supported the stock buy lining the $38 price with buy order which caused a rally back to $41.50. By the end of the day, the stock wrestled with $38 again.

After the first night of after hours trading, Facebook (FB) stock is up slightly to $38.42.

So now what? How will Facebook (FB) stock perform on Monday, May 21, 2012? I expect more selling next week and I wouldn't be surprised if the stock dropped to $36-$37 before any rebound. Keep an eye on $40, if Facebook (FB) jumps above that level, everyone seems to want to buy back in. On the downside, if it breaks $40, everyone seems to want to sell fast.

Tim - http://stockstobuy.org

Twitter - Follow @stockstobuy

Bill William Ackman CNBC 10/30/08 - TGT

William ( Bill ) Ackman of Pershing Square Capital, was on CNBC this morning, October 30th, 2008. Bill Ackman is a value investor who takes huge long positions in companies and then pressures management to create better value for shareholders. He is a great investor so his words shouldn't be taken lightly.

The best thing the Federal Reserve has done so far is inject 250 billion in the banking system. I think stocks are cheap, The Fed has taken important steps so far. Some banks will need more capital but the money the Government has put on the table so far may be enough.

I think the best hedge fund managers have raised money to pay back investors already. Are we almost finished with the liquidation? That's tough to answer, but we think stocks are very cheap at these levels. I don't think capital is going to come out of hedge funds in a huge way, I think the capital will be reallocated into different hedge funds.

Target ( TGT ) - We own just under 10% of the company, Target owns land under 85% of its stores. We want to spin the land off into a company and have Target pay rent to the company. TGT's cash flow goes up by 600 million per year. Target's dividend would go from $.60 to $1.86 but the dividend is going to be coming from the REIT. Target has virtually no default risk. Bill Ackman says this is one of the main reasons they bought TGT shares in the first place.

http://daytradingstockblog.blogspot.com/

Fast Money Recap 8/20/08 - CNBC Fast Money Stock Picks August 20th, 2008 - Jeff Mackie, Guy Adami, Joe Terranova, John Najarian

Fast Money Stock Picks 8/20/08

Jeff Mackie
Target TGT: I don't think you can buy this stock yet

Guy Adami
US Steel X: I like this stock
Boyd Gaming BYD: They squeezed out the shorts and now its back down
Target TGT: I think you can buy Target here...cheaper then Wal Mart

Joe Terranova
Coal goes higher, natural gas goes lower
AAPL, RIMM: I'm long Apple and Research in Motion until the end of the year
.
John Najarian
BRCM, AAPL, NVDA: These stocks are working, stick with them

Gene Munster: Apple AAPL: The valuation is still to low for Apple...new things coming in September with maybe Mac products. We count macs, iphones selling in stores and everything seems to be in line.s to be in line.

Pre Market Stocks to Watch - 8/19/08 August 19th, 2008 Stock Market

This morning we had some hot economic data which is causing the futures to slide a bit. Oil has retraced to about the $112 level. A break below $110 for Oil would be very bearish and you could see $105-$106 next.

Target (TGT ) has come out with better then expected earnings this morning but is trading lower with the market.

Wellcare Healthplans ( WCG ) has settled with Medicaid resulting in a 32.5 million dollar payment....WCG is up 18% in pre market trading. Keep an eye on this one.


Xinhua Finance Media ( XFML ) will be a very active stock today....the company is out with great earnings....up 22% with revenue being up 69%. The stock is trading up 14% in pre market.