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Hi!
ReplyDeleteWhy Thumps down sir?
any specific reasons?
My understanding is that FB is like the Maruti IPO of 2000, period and FB with close to 900million eyballs, can easily double on listing itself.
lets see.
Chetas
Hi Chetas,
DeleteValuations, 25 times sales I guess. I am talking about long term trend. Expecting pump and dump with this one. But I may be biased, I am "anti-IPO" most of the time. IPOs usually happen during bull markets. Did Warren Buffett buy this one? I would rather buy Microsoft, Apple or Google than Facebook.