Detailed market commentary at The Market Ticker
(The Year 2012 In Review)
You are not signed on; if you are a visitor please register for a free account!
|MarketTicker Forums Single Post Display (Show in context)||
User: Not logged on
|User Info||Facebook IPO: Just Don't; entered at 2012-05-07 10:05:58|
Registered: 2008-02-11 CO aka West NJ/East CA
the question is whether at 99 times earnings there's inherent value in what amounts to a fad company selling advertising to people who hang around posting pictures of themselves doing beer bongs.
That about sums up FB . lol