Facebook Share Price is US $ 26 one year from the IPO which was Priced at US $ 38 ~ seems to have stabilised in mid 20s but yet looks premium value rather than fair or bargain ~ 52 Week H/L is US $ 45/US $ 17.55 with current Market Cap over US $ 63 billion
Google is at US $ 904 with a 52 Week H/L of US $ 916/US $ 557 and a current market cap of US $ 300 Billion
There are a few who feel that fb can reach Google’s current Market Cap in the years ahead ~ that’s a Five Bagger !
Had Posted these three fb ipo blogs last year
Facebook a good buy at US $ 22 ? ~ Consider these Short Term Risks
Monday, August 13th, 2012
Facebook IPO Price Fixed at US $ 38…Historic and Much Awaited Nasdaq Listing sees Record Volumes but Underwriting support to not let Price drop below US $38…Zuckerberg how about an Indian listing !?
Saturday, May 19th, 2012
1 thought on “Facebook Share Price is US $ 26 one year from the IPO which was Priced at US $ 38”
Few day back i made a mistake of posting BEML trade on your blog without your permission,but a duty i wish to inform that i did started the buying below 175 and kept buying much below that (Mr.White style),and today sold most of my holding and kept some free shares (by profit)for long term.
and one more mistake was to post last week regarding index.I sincerely regret that posting also