Rocky has had great postings on Groupon, and I've put them up here.
This is the best article I've read yet that expresses my take on Facebook: http://www.businessinsider.com/what-is-facebook-worth-2012-5...
Disclaimer - I don't understand this social media stuff very well because I don't really use it.
-XC
- At the $38-a-share IPO price, Facebook would trade at over 100 times historical earnings, versus Apple Inc's 14 times and Google Inc's 19 times.
An 11% growth rate would be an accomplishment. $32.08 at the moment.Thomson Reuters Starmine, meanwhile, more conservatively estimates a 10.8 percent annual growth rate, which would value the stock at $9.59 a share, a 72 percent discount to its IPO price.
Facebook is a joke over half their "3 billion users" are fake accounts for spam gaming farmtown etc. that means that every piece of advertisement they sell is fraudulently priced.
They don't even have a positive cash flow.
If Zuckerberg is smart and I have seen no evidence to that effect he will cash in his share and retire but I guesss he would have to see someone else do that first before he could think of it. https://lh5.googleusercontent.com/-IKJaEaE8GgY/AAAAAAAAAAI/A...
