Now that 47 Attorney Generals are looking into Facebook for issues related to monopolization and anti - competitive behavior, it is a good time to short Facebook and make a little profit out of peoples fears. On the other hand, the discount rate of Facebook might push it back up and it’s a risky play. Will monitor FB for trend reversal over the next 24 hours.
Chinese stocks continue to sag due to the report that came out on Friday about China’s economy expansion at just 6% - the lowest in almost 3 decades .
SALE! 1000 shares of WMT AT $120 = $120,000- purchase price of $119,450 = profit of $ 550
Will monitor furthering additional position in BABA at possible bargain price if trend reversal is sighted.
Chinese stocks continue to sag due to the report that came out on Friday about China’s economy expansion at just 6% - the lowest in almost 3 decades .
SALE! 1000 shares of WMT AT $120 = $120,000- purchase price of $119,450 = profit of $ 550
Will monitor furthering additional position in BABA at possible bargain price if trend reversal is sighted.
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