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Facebook, Inc. (FB) Message Board

  • theblueridgetrader theblueridgetrader Feb 2, 2013 8:07 AM Flag

    Quit using P/E!

    All these post stating the price is way to high Bla Bla Bla. Wall st doesn't buy media stocks based on PE. They buy it now based on future earnings and if you don't believe that than look at AMZN linkdin. This will be between 32.50 and 33.50 soon. This stock is under owned just like AAPL was over owned. FB is more likely to go up on a flat day in the market and not when money is moving into the sectors. Just watch the chart and as long as we don't drop below the thursday low than all is well.

119.47+0.26(+0.22%)May 26 4:00 PMEDT