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What should Facebook be selling for?

Discussion in 'BlackHat Lounge' started by Techxan, May 25, 2012.

  1. Techxan

    Techxan Elite Member

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    $13.80 according to this:

    Code:
    http://www.marketwatch.com/story/facebooks-stock-should-trade-for-1380-2012-05-25
     
  2. Steeky

    Steeky Regular Member

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    There have been reports of insider trading also. This is getting really interesting now
     
  3. irancrude

    irancrude Jr. VIP Jr. VIP Premium Member

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    Well just for the record I have been a Fx and options trader for a few years now specially FX.
    Ok about Facebook stock: They have been sued now for apparently not getting into enough details iin their IPO legal docs.

    I expect now FB stock to go down for some weeks now, even months if the trial gets difficult, apparently it wont alst long. It think now is a great time for buying FB stocks, I mean wait for the stock to fall down breaking at least one or two resistance points. Then of course cash in on the back on top of the hill motion.. after cashing sell most of your stock and sit on a little just to see how it goes.

    FB is way overpriced based on their Business model, but way under-priced based on their social influence, that is the key factor market have not decided yet. FB could be the next Google or just the next internet bubble, it is no longer in FB hands but the market feelings.. Scary

    :)