Daily musings on stocks…
November 22, 2013 | In: Technology
Facebook (NASDAQ:FB) is currently trading at $46.70, with a P/E ratio of nearly a hundred, meaning that it'll take Facebook a hundred years to pay back investors based on its current earnings, assuming, of course, the current earnings are...
May 19, 2012 | In: Technology
Unless you have slept through the day yesterday, I'm sure that you were annoyed, as much as anyone else, with the news all day on Facebook becoming public. The IPO, to say the least, was disappointing to Facebook executives, as the stock closed just 0.61%...
June 3, 2011 | In: General
Facebook's IPO is probably the most awaited IPO of all time. I'm sure that first day's volume will be worth at the very least $2 billion. I have no idea what the price of the share will be, though a $100 is a very likely figure. Now the question on...