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JakobVirgil · 4572 days ago · link · · parent · post: I wanted to short Groupon and I want to short Facebook
shorting facebook seems like a good idea to me.
- At the $38-a-share IPO price, Facebook would trade at over 100 times historical earnings, versus Apple Inc's 14 times and Google Inc's 19 times.
Yeah, it's still dropping.
An 11% growth rate would be an accomplishment. $32.08 at the moment.Thomson Reuters Starmine, meanwhile, more conservatively estimates a 10.8 percent annual growth rate, which would value the stock at $9.59 a share, a 72 percent discount to its IPO price.
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JakobVirgil · 4572 days ago · link ·
you can't even short it people are shorting Zygna as a proxy.
Facebook is a joke over half their "3 billion users" are fake accounts for spam gaming farmtown etc. that means that every piece of advertisement they sell is fraudulently priced.
They don't even have a positive cash flow.
If Zuckerberg is smart and I have seen no evidence to that effect he will cash in his share and retire but I guesss he would have to see someone else do that first before he could think of it. https://lh5.googleusercontent.com/-IKJaEaE8GgY/AAAAAAAAAAI/A...
