Facebook shares are sliding down in accelerating speed. Obviously investors decided not to wait 100 years to return back their investment. The real value of Facebook is no more than $5 billion - if calculated using real sales and profits. I.e. the true price of the shares must be about 20 times lower than that reached after the bombastic IPO. I think more than $2-3 per share is a waste of money :) In fact there is no advertising based business that can cost $100 billion. Facebook has a moderate advertising success and no other business model announced. So what to pay for...?

Dobri
May 21st 2012