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re: How's the Facebook stock doing?

Posted on 8/24/13 at 12:23 pm to
Posted by NC_Tigah
Member since Sep 2003
125467 posts
Posted on 8/24/13 at 12:23 pm to
quote:

I bought on the way up at 24.. Still holding..


I have to say, I don't understand FB valuation. PEG @ ~3? I don't get it.
Seems like the momentum is there, and FB shares likely will rise further, for some reason.

I just don't know what the reason is.
Posted by Vols&Shaft83
Throbbing Member
Member since Dec 2012
70006 posts
Posted on 8/24/13 at 2:33 pm to
quote:

I just don't know what the reason is.


I think this is subconscious thought that kept me from buying it.
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