Is the [ever so emotional] market overreacting to Facebook and thus plummeting its stock or is its price right?
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10-15-2012, 07:55 PM
Post: #3
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The market NEVER over reacts, the market is always right.
When the stock went public the stock was grossly over prices, the market quickly corrected that by lower the price to a more realistic level The street does not like the price, institutional investors do not like the price of the stock, what has the stock have to demand a higher price? Yes it has a lot of subscribers but they do not generate income. Ye, it's still early but the real value of the stock should be in the neighborhood of $10 |
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Is the [ever so emotional] market overreacting to Facebook and thus plummeting its stock or is its price right? - Chuka - 10-15-2012, 07:47 PM
[] - A nobody - 10-15-2012 07:55 PM
[] - Bald Otter - 10-15-2012, 07:55 PM
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