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To: Larry Lucido
There was no shortage of rational investment advisors telling people that Facebook was overpriced at $35 per share. The real value is around, perhaps, $20 per share.

Let's see where it settles in a month or so . . . after the initial news hype has died down.

9 posted on 05/23/2012 8:59:50 AM PDT by Vigilanteman (Obama: Fake black man. Fake Messiah. Fake American. How many fakes can you fit in one Zer0?)
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To: Vigilanteman

That $35 per share is 100 times earnings ... earnings that are shrinking as people move to new mediums and abandon Facebook because their grandparents are on it now.

I am thinking more like $4 per share.


10 posted on 05/23/2012 9:06:26 AM PDT by willyd (Opinions are like @holes, everyone has one)
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