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Plain and simple answer is YES, FB initial share price of $38 was way over valued, tbh when they announced that they were up'ing the price from $28 to $38 that is when the alarm bells should have sounded. I feel that the true value of the FB share price is actually about $18-$22. Just remember this was never about FB t...more
Screw Greece, I'm tired of logging on and seeing yet another damn Greek issue effecting the markets. Kick it out the EU already, they are going to default anyway, we all know this.
On another note, I give the whole EU zone two more year before it break's up, and I think I'm being generous with the 2 years.