Submitted by Tyler Durden on 06/05/2012 14:55 -0400
In keeping with our long history of noting every handle change in Failbook, we just passed into the $25 range (heavy volume came throuygh as we touched $25.8
. With a post-IPO VWAP at $34.85, that's a 25% drop from the average trade alone and volume remains active (over 30mm shares today). Calls are slightly ahead of Puts today but Open Interest remains biased to 6:5 in favor of Puts.
Had to bring my own chart Tyler. LOL
Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.
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