Facebook to be Added to NASDAQ 100

Interesting bit of news how Nasdaq will add Facebook to its NASDAQ 100 index.  Any mutual fund or ETF that tracks the NASDAQ 100 will have to buy this stock.  Facebook stock will definitely receive more order flow in order for funds to comply with their mandates.  In my opinion this is just a short term and I mean really short term postive for the stock. 

Please don't buy Facebook stock based on this news.  Do your research. 

Source of picture and my article comes from CNBC.

http://www.cnbc.com/id/100277433