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Technology Stocks : Meta Platforms, Inc. (Facebook) -- Ignore unavailable to you. Want to Upgrade?


To: Lahcim Leinad who wrote (972)9/1/2012 8:31:13 AM
From: manalagi3 Recommendations  Read Replies (1) | Respond to of 3790
 
Daniel Salmon of BMO cut his price target to $15 from $25, and said the lockup was one factor, but also cited weakness in the company’s advertising business.

Very soon other analysts will not be outdone by reducing price target price to $ 15 ... $ 13... $ 11 ... and single digit? Zynga loves company.

Wall Street has been told by Mark Zuckerberg - the dictator of Facebook (owning 57%) - that he does not care about WS, so why would WS care about MZ?

There are thousands of companies to choose for our investment, and many many of them are better than FB, so why would anybody throw money to that immature hoody wearing kid?