My favorite contrarian investor, Matt Gohd at Revere Securities, thinks that it's time to give Facebook a shot.
"The assumption that just because you can sell, you will sell is likely flawed and there could be a dramatic rally, as people start to remember the reasons Facebook had willing buyers in the first place: 950 million users, a company very early on its monetizations strategies, and some very smart people who have turned social networking into marketing strategy," Gohd says.
What's more, he thinks that most of those still owning the stock are likely to be true believers.
Gohd thinks the stock could go a little lower when the lockups expire, but he is advising clients to set up a strategy using options that would allow them to capture gains from a 30 percent move higher.
"This still isn't a stock for the faint of heart," he warns.
Keep in mind that Gohd is a trader and may or may not hold positions in all of the investments he mentions.
(Click here for some of Gohd's earlier contrarian calls.)
Follow John on Twitter. (Market and financial news, adventures in New York City, plus whatever is on his mind.) You can email him at john.carney@nbcuni.com.
We also have two NetNet Twitter feeds. Follow CNBCnetnet for the best of the days posts, including breaking news. Follow NetNetDigest for a feed of every single post each day.
You can also be our friend on Facebook. Or subscribe to John's Facebook page.
We're on Google Plus too! Click here for John's Google+ page.
Questions? Comments? Tips? Email us atNetNet@cnbc.comor send a text message to: 917-740-8477.
Call us at 201-735-4638.
