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> I really believe Facebook is grossly overvalued as an internet property You could have made this exact argument in 2012 when FB was worth $20/share. Was this

> I really believe Facebook is grossly overvalued as an internet property You could have made this exact argument in 2012 when FB was worth $20/share. Was this argument wrong in 2012 but correct in 2018?

rrggrr 9y ago
Yes. Look at FB earnings per share and tell me where that growth is going to come from. I note FB is down today. The market is slow to catch on in both directions, but when it does...
- dfabulich 9y ago
  Where did the growth come from in 2012?