Posts Tagged ‘stock market’

Are Facebook Investors Playing Russian Roulette?

Ross | May 22nd, 2012

Although Facebook’s stock price has fallen well below its IPO price of $38 per share, many people agree that the stock is still significantly overpriced. Facebook stock is trading at 57 times projected earnings (compared to 14 for Google and 12 for Apple). There is precedent for a high forward-year projected earnings (P/E) ratio. For […]

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