Will Facebook stock become a good stock?

[Jake]

Do you guys think the Facebook stock will rise a lot like other big companies?
Also Im not saying im planning on investing in it. Im just wondering what other people think will happen with the stock of it.

[Korean Bob]

No, Zuckerberg lost 9 billion when he opened his stock to the market.

[Yada Yada Yada]

Good question!

Will it rise? Probability says yes! It's finally bottomed in the intermediate term and is making its way up toward the IPO price using $27 as support. As long as this holds, it should continue to rise for a bit.

As for vs. other big companies, it all depends on who you're comparing it to. It's doing better than natural gas, Intel, Microsoft, and many other companies.

But not as well at the moment as the airlines, financial, or housing, or many other companies that are on the move like Bank of America, GM, Netsuite, etc.

Overall, I'd put it in the lower half of stocks, but not at the bottom. :-)

[Eddie W]

Who has a crystal ball.

[Common Sense]

Wow... you want strangers whose qualifications and motives can never be known, to help guide you in a possible investment. Good luck with that.

Personally..... why bother with so many unknowns when you can buy so many stocks today that are already doing well? It just seems like too much risk for the eventual reward.

[Ronders12]

Its up about 40% off its low.

[john]

Piece of crap company. Stock not worth $6

[Marshall]

Facebook is trading at 8x book value which is double that of Apple, has some outrageous price to earnings multiple, and Im not convinced that they can execute. Everybody was so happy with last quarter, but they still had an accounting loss of 2 cents per share. Also facebook is so saturated, everybody who can be using it, is already doing so, so it would be absurd to value this like a rapidly growing small cap tech company. Besides, most of the people I know are leaving facebook because of the god awful ads and Instagram because they said they could sell users photos starting january. Using a discounted cash flow model with some price premium for the name the highest I can get is $24 for a fair value target. All in all, too many people own this stock, there are to many other stocks that are much better, the risk is not worth the reward. Invest wisely.

[justme]

Facebook stock is grossly overpriced. When it was floated there were a lot of fudged figures set up to give the impression it was worth a lot more than it actually was. That is why the price plummeted after the float. It floated at $38 and is now at about $28. It will go up and down for a while as commercial investors juggle to make a profit or minimize their losses. Facebook has not yet paid a dividend, and there is no indication yet about when, how much, or even no dividend. there is not even an accurate report on actual income/expenditure to indicate true profit. It's current P/E ratio is hovering on about 100. Good stock should only be between 10 and 30. The latest farce with Instagram photos is an indication of how desperate Facebook is to improve their income flow.

[Owen]

No, there is new bad news for Facebook : Massachusetts Fines Morgan Stanley Over Facebook I.P.O.