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Facebook, Inc. (FB) Message Board

  • rougherneck rougherneck Sep 6, 2013 8:09 PM Flag

    Fakebook: ENRON revisited

    As Enron exploited a base of greedy and unsuspecting investors, Facebook’s popularity, unlike most stocks, also presents an easily exploitable base of naive investors. This group believes that a great idea not only should be a great investment, but that fundamentals and valuation don’t matter. Like victims of Enron, Facebook’s investors will end up sadder and may be or may be not wiser.

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