Replies

FB's P/E ratio was over 78 at the end of business yesterday. Ludicrous. The company has produced earnings and does have some growth potential. But let the market clear out the amateurs and momentum-chasers first.

I'd consider getting in, maybe at around $10-$15. Even then, I'd like to see a better explanation of their revenue stream model for the future than what I've seen so far. I think their estimates of growth in brand advertising revenue is exaggerated, and other streams such as FB's virtual "currency" for on-line gamers is highly speculative.

15 posted on 05/22/2012 6:08:57 AM PDT by andy58-in-nh (America does not need to be organized: it needs to be liberated.)

That’s a pretty good take. What is the typical P/E for this type of business?

45 posted on 05/22/2012 7:50:12 AM PDT by Boiler Plate ("Why be difficult, when with just a little more work, you can be impossible" Mom)