Facebook's chart looks a lot like Yelp. Don't you think? It is up also today by 2.5% as I write.Most investors think they have missed the boat after a stock gaps up. This is generally wrong thinking; A gap up on above average volume really tells us that the big institutions want to own the stock in a big way.
Facebook Daily Chart
Facebook has a 20% allocation in the Core Equities Folio.
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