Saturday, September 22, 2012

Facebook Gets The Barron's Treatment — Stock Declared Still Massively Overvalued

http://www.businessinsider.com/barrons-facebook-is-worth-15-per-share-2012-9





The cover of this weekend's Barron's is a booming takedown of Facebook titled bluntly: Facebook Is Worth $15 (the stock closed $22.86 on Friday).


In other words, despite the massive plunge the stock has seen so far, it's got a lot more to fall.

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