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Facebook, Inc. (FB) Message Board

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  • gf995 gf995 Aug 20, 2012 11:37 AM Flag

    please explain to me why anyone wants to pay so much

    lol. analysts estimate that its revenue is going to triple in the next 2 years.

    And any site that is visited more frequently than Google worldwide, has a unique audience, and is a good speculative play.

    They have Google staff working nite and day to monetize FB ads.

    So when to buy in and why @ $18? Once you have reached more than 50% off an IPO price, you know you have a bargain.

    Based on FB meeting their first revenue expectations, and LNKD valuation right now at 15x book value, FB seems to be a great speculative buy at 3X book.

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