Tumbler was bought by yahoo for $1 billion with over 100 million members. This truly gives FB the value of about $5 billion which means FB is heading to $5 or less long term.
Right on the money.
FB is being hyped so that the big funds can get out without much of a loss.
They have been waiting and hoping for this day.
This overhyped POS is heading WAY DOWN.
Can FB CEO explain why some officer sold their stock before the eranings like COO Sandberg! FB should upward except the insdie trader. Maybe Sandberg got personel problem.
She sold because she never dreamed this stock to hit IPO price again ever lol