but I am surprised we haven't heard/seen a big player announce he's acquired a sizable chunk of FB via the open mkt w/the stock price ~ $20/shr. Yes, there are those saying FB is worth $8/shr..but others saying $30/shr or more. There are people out there w/views in both directions, altho currently it appears otherwise.
... that gets 25% more traffic and pageviews than Google.
18 billion in raised cash = insanely cheap.
Everybody knows that Facebook has only begun to monetize and without even focusing on monetization has become profitable. Enterprise value is what everybody should be talking about right now - and that's insanely cheap at the moment considering the Facebook Story.
I balked at $38. I'm buying at $19. There are other smart people out there. And some are rich. They will rush into this once the bleeding stops. Check out Facebook's growth since IPO in terms of total pageviews - they are getting 25% more than a few months ago. It's sick. It's a $100 billion dollar+ company. It IS the next google already, it will not BE the next google later. You just don't see the present.