Wednesday September 28, 2016
The Guardian on Global Warming - what is its aversion to the truth?
Clinton Trump Debate - I admit it: Hillary won but Trump can still win the Election
My neighbour the fat welfare slob Nimo Abdullahi, the lies and the contempt for those of us who do work that the left shows

PERSONAL, UNDILUTED VIEWS FROM TOM WINNIFRITH

, , ,

Facebook – Share crash to continue – Target Price cut from $7.30 to $5 and Zuckerburg will have to go

Share this article with your comrades in revolutionary capitalism

- Tom Winnifrith

I have explained numerous times since Facebook (US: FB) stock IPO’d at $38 a share in mid May why I think that the shares are on fundamentals worth no more than $7.30. Actually it is pretty hard to put any value on this company as there is just so little visibility of earnings. And for that reason alone I am now slashing my price target from $7.30 to $5. And I think that the shares will head there pretty quickly. This remains a stonking short sell opportunity and here is why.

Read the full article on ADVFN | Comments
comments powered by Disqus
---

Register here for The Tomograph
Tom's newsletter with original articles and a free share tip of the week, not found on this website.