your just a short who's losing money.. do the ZDD folks this is the big multibagger for 2014
$ 50's tremendous
Facebook Inc (NASDAQ:FB): More good news for the recently-surging stock, today begun with a Buy recommendation and $52 price objective at CRT Capital. The broker says mobile ad revenue is now at a runrate of over $3.6 billion.
Article Why Facebook Remains Undervalued
Seeking Alpha 9/19/13
By: Jayson Derrick
The future remains bright for Facebook and another major catalyst for the stock can be the company's inclusion within the S&P 500 index. The company fits the guidelines for inclusion as Facebook is a well established leader within the advertising space. Some of the criteria for inclusion in the index include a $4 billion market cap (check), a 50% public float (check), and four consecutive quarters of positive net income (likely to be checked in the upcoming third quarter). Interestingly, November would mark the 18-month anniversary of the company's IPO, which is approximately the same time period it took Google to be added to the index.
Finally, Wall Street analysts are also optimistic on share prices. CLSA has a street high price target of $60 with JPMorgan having a $53 target and Goldman Sachs having a $52 target. These price targets from some of the top tier firms further goes to show that investors of Facebook are likely to see strong returns over the years.