Facebook, Inc. (NASDAQ:FB)

CAPS Rating: 2 out of 5

Recs

1
Player Avatar Patastic (< 20) Submitted: 8/17/2012 1:44:48 PM : Underperform Start Price: $21.83 FB Score: +13.23

Where is support? Forward PE (too optimistic imo) is still 45 at current price this AM. If you believe revenue growth can continue at 80-90%, then maybe share price isn't too out of line. But I don't see that happening. Failure to capitalize on mobile, failure to capitalize on existing users...I don't know how they turn that around. Right now, I might be a buyer at under $7. Looks to me like they got the IPO timed at their peak of growth period.

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