Another stellar trade this week was in Facebook Stock. Facebook Stock has remained one of the more volatile stocks I trade against around earnings announcements. It has yet to fail to provide an exceptional return and the latest trade started Jan 26, which concluded on Friday, was no different.
Quarterly Profit Doubled
For the first time, Facebook’s fourth-quarter profit doubled its quarterly profit and boosted revenue above $5 billion. This past quarter Facebook earned more than Yahoo now does in a year. Earnings came in at $1.56 billion. The company picked up another 46 million users in the latest quarter. This brings the total number of users to 1.59 billion. Revenue was up 52% from the same quarter last year and it share of the digital advertising market has risen to 10 percent from 8 percent.
With earnings out-of-the-way and the latest trade closed for a very nice 188% gain, this article discusses the latest trade, its results, areas for improvement and an upcoming trade for Monday Feb 1….the rest of this Facebook Stock trade alert and ideas discussion is for FullyInformed Members.
Facebook Stock Trade Returns 188%
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Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.
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