|
|
|
|
|
|
by programminggeek
5045 days ago
|
|
|
Facebook was overpriced from day one and their P/E shows it. Is Facebook going to make a lot of money and stay a very successful company? YEP! Is it worth 100x earnings at the moment? I don't know. Right now, Apple's P/E is like 15, so FB is priced at a 6x growth premium over Apple. It's possible that FB is priced too high or Apple too low, or maybe both are priced sensibly, but if I were throwing money around on Facebook stock, I would have shorted it months ago too. As for Zuckerburg, it's his company and he's going to run it, that much isn't going to change. |
|
|