Re:As Facebook stock sinks, how secure is Zuckerberg's job?
by programminggeek on Sunday August 19, 2012 @10:19PM
(#4406009)
Facebook was overpriced from day one and their P/E shows it. Is Facebook going to make a lot of money and stay a very successful company? YEP! Is it worth 100x earnings at the moment? I don't know.
Right now, Apple's P/E is like 15, so FB is priced at a 6x growth premium over Apple. It's possible that FB is priced too high or Apple too low, or maybe both are priced sensibly, but if I were throwing money around on Facebook stock, I would have shorted it months ago too.
As for Zuckerburg, it's his company and he's going to run it, that much isn't going to change.
Right now, Apple's P/E is like 15, so FB is priced at a 6x growth premium over Apple. It's possible that FB is priced too high or Apple too low, or maybe both are priced sensibly, but if I were throwing money around on Facebook stock, I would have shorted it months ago too.
As for Zuckerburg, it's his company and he's going to run it, that much isn't going to change.