Up 8%, has been upgraded to an outperform, one year target raised from $23 to $33. Thats why it amazes me when someone quotes an exact price that FB will be at in 5 years, thats sheer ignorance. The market changes every second, and to use PE alone to gauge a stock like FB is so naive, PE is not a constant number, and a company as large as FB has potential to drastically change that figure.

http://blogs.wsj.com/mar...stein-says/?mod=yahoo_hs

@Nabwire do yourself a favour & Think before you speak/post... It might stop you from looking stupid amongst your peers!!

There is a difference between the value of a stock and the price of a stock! That someone you are misquoting was talking about the value of FB in 5years & not the share price!




Today FB is valued at a mere $9 and yet defies all logic to trade at a whopping price of $20+!! Irrational behavior at its best...

5years from now it will be probably be worth $25-35(still below ipo) but who knows where the share price will be??

You should benefit from the irrational behavior by SELLING SELLING SELLING!!

Are you guys still on Facebook?

@Nabwire
I would feel uncomfortable calling the analyst ignorant or naive because I am very sure he has some basis to back his/her analysis. In the business of research and analysis reputation is very important and most of the time there is actually no outliers on projections since everyone very much peep at the other research house numbers so unless you think you're better than all the analysts in Wall street, I suggest you tone down a little bit. I am very sure that the analyst who made the prediction also understand how the market change so often.

To also correct you, analysts in wall street are mostly correct not mostly wrong! You can actually reasonably project 5 yrs price of the stock based on earnings projections using multivariable models because stock price do follow the earning patterns.

But I understand, sometimes we actually think we know and we get worked up by spending time in google and following market news but guess what? There is more to analysis than just that, alot of people spend alot of time to come up with a predictions alot of resources and alot of very bright people work on those stuff before it is out, so I would be caution.

Oh so now you know me so well??

I rarely argue with people on a much much lower level of intelligence than i have since its illogical... Though this time was an exception, i do not intend to continue glorifying your ignorance with any response!!

All i can say is that i really really feel sorry for those who mustve had a troublesome and miserable time raising you!!

Good luck with FB.. You'll need it!!

Aemathenge, no worries, you can put lipstick on a pig, but its still a pig. I guess this mask has been peeled far enough.