Facebook (FB) stock: Mark Zuckerberg, is he to blame for Facebook's slumping stock?

Submitted by Rain on Sat, 08/25/2012 - 05:52
Category

Jacob (not verified)

Sat, 08/25/2012 - 06:40

 

It is very simple Facebook was and is still overpriced, When it went to the markte at $38 it had about an p/e ratio of 100 and in this market that's too much (we are not in the internet bubble anymore) today at $19 it is still overpriced at an p/e ratio at about 50. a fair price for the stock woulkd be about between $3,80 and $8. And who is to blame the greedy banksters ofcourse they earn a lot of money by pricing stocks at high levels at an IPO.

 

But this all old news beacause we are moving towards a completely different kind of level of being without stock markets and greedy banksters.

 

 

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