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harun

(11,348 posts)
5. Facebooks a good company, making good decisions. The problem was the
Tue Sep 11, 2012, 11:45 PM
Sep 2012

initial valuation of the IPO was CRAZY ASS high. That company was not worth that. It is still valued at being a 40 billion dollar company. My opinion is it is a solid 20 billion dollar company. Still way overpriced. They make more good decisions over the next two years then move on up from 20 billion.

Anyway, not my problem.

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