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Tuesday, May 15, 2012

Facebook IPO

Hi All
As a favour to a friend I did the astrology for the up and coming Facebook IPO.
I have to say they have done a huge mistake in Launching it when they did.

The Bottom line is Facebook will loose 80 % of its value within 2 years  of its launch.
The only reason it might bounce or in fact hold  up will be either: a take over of some sort or if it changes its name.
I am hoping for a stupid opening on Facebook on Friday and I will be purchasing puts and going short on the stock.
With the planetary alignment for the birth chart as it is there is no way this company will be able to succeed in the market..
Very heavily overpriced in my view.
The stock should be under $10 not $ 34-36 which some are predicting.
So from an astrological perspective I recommend you liquidate this stock if you take part in the IPO.

Cheers

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