I can see FB hitting $50 in the near future, why not? I'm sure if there is a sell-off and this drops to the low $30s there will be lots of buyers and the price will be brought back up again due to the demand. Don't panic sell Nate, as I'm becoming more and more accustomed to trading options, I've learned to never sell too early simply because of panic. Have an exit strategy and stick to it, but don't make rash decisions.
Well nate wanted to play the pop at open for FB so he never meant to hold it for that long. That's why he wants to sell.