...can have a $70 billion market cap while having a EPS of $0.01...!!!!!!!!!!!
So investors should avoid all financial indicators and just buy it because some financial institutions (who set the IPO pricing) have a higher valuation forecast...!? Doesn't make any sense.
If you bought FB at the iPO, you are screwed. If you bought FB during the last run up, you are screwed... And if you just bought FB, you are screwed too!
Stay away from the biggest scam of our era. FB is a useless website, doesn't make money, never will, and contributes in lowering our kids' IQs.