FB down 8% at opening

Re:FB down 8% at opening by mikeryan on Monday May 21, 2012 @11:39AM (#4003329)

There's no con here. Anyone who bought at the open price had all the information they needed to make an educated purchase of the Facebook stock. I'm not an institutional investor and I looked at the P/E of 100 and thought it would be kind of silly to buy at that price and many others here seemed to think the same thing.

Zuck has built a valuable company - its just not $100B valuable. But a $25B company isn't peanuts.

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Re:FB down 8% at opening by nlz1 on Monday May 21, 2012 @12:13PM (#4003499)

Agreed, but it turns the stomach a bit to read the FB fanboys slapping each other on the back about FB being a "$100B company" (and that the IPO "proves" it).

FB scored a win by getting $100B, but in my opinion it's tainted, and they may have poisoned the well for those who follow.

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