Bloomberg just valued Facebook at between 19.08 and 32.50 as far as next year. The 32.50 is if Facebook does everything right between now and then. Who knows? I will play it safe and wait for when insiders sell and then we will see what they ask and get. It does not appear that it is going to be much higher than it is now and most likely we will see $25 or less on the downside before any recovery. Good luck all.
We are not talking about 2 years. We are talking about November this year. You will see 25 or less by then and then it may be something to like. This balloon is fully inflated and will burst in short time. I may even decide to like it at 22.50 but definitely not 32.50 will take your advice and not buy it now.
Do you really think that this guys on Bloomberg or CNBC are honest people and they have a clue how a company and its stock will perform in the future ? To bad but our freedom to speech is getting abused by bunch of crocks and manipulators who have personal interest how to rate a stock. They are controlling the media and Wall Street and even the headlines on Yahoo boards. Looks like Yahoo if is paid doesn't care if the articles posted on its boards are true or straight out lies just to create panic to screw out gullible investors from their shares. When it comes to money you can't trust anybody. If FB gonna beat earnings estimates next month this stock will take off and never look back and your 25 bucks estimate will be just a wishful thinking.
It would be nice if your attitude did not come into the discussion. The Bloomberg Program was on T.V. this afternoon just before I wrote in this blog. Take a look at today's Bloomberg schedule and with a bit of reseach on your part you can find that what I posted was absolutely the truth.
By the way if your interest is "F"ing something how about trying your dog.