Investor's Opinion
Facebook Not Remotely Worth 38$
Published: 2012-05-23 09:45:00 EDT by Unknown
Now lets look at GOOG. They only have a P/E of about 18. So if we do the math of using FB earnings times GOOG P/E we have a relative price for FB of less than 8$. So far, the market agrees as FB price dropped to 31$ and is struggling to not drop any more.
My opinion? I'm putting it to practice. I've put an order in for under 8$. That is my opinion, you can take it, or leave it. Disclaimer: See bottom of page. http://investorsopinion.blogspot.com
FB - Facebook, Inc.
GOOG - Google Inc
IPO - initial public offering
P/E - price-to-earnings ratio
Labels: stock strategies, trade terminology in useUpdated: 2012-09-01 00:29:11 EDT
Current Related Posts
2015-08-15 17:09:00 EDT — July and August Quietness (stock picks, stock strategies, trade terminology in use, trading strategy)
2015-07-01 12:52:00 EDT — June Purchase (stock picks, stock strategies, trading terminology in use)
2015-05-24 15:08:00 EDT — My May Purchases (stock picks, stock strategies)
2015-03-11 18:24:00 EDT — Why am I still buying ETP? (dividend, dividend income strategy, income)
2015-03-01 00:19:00 EST — I added to ETP, and the price dropped; am I missing something? (dividend, dividend yield, dividends)
2015-01-31 15:22:00 EST — First Portfolio Update of 2015 (dividend, dividends)
2014-09-04 12:49:00 EDT — Portfolio Update: Added to a position
2014-07-26 11:52:00 EDT — Portfolio Update: Back in the Game (dividends)
2013-10-25 00:18:00 EDT — Portfolio Update: Change of Situation Resulting in a Change of Plans
2013-08-13 01:08:00 EDT — Portfolio Update: Added to an Existing Position (52-week high, stock picks, stock strategies, trade terminology in use)