This just confirms that for the layman trading stocks is nothing more than legal gambling. I personally work for a company whose P/E is > 200, while this is ni

This just confirms that for the layman trading stocks is nothing more than legal gambling. I personally work for a company whose P/E is > 200, while this is nice for me at the moment, I realize that the value in this situation has nothing to do with performance. Facebook will probably be slaughtered once they go public have to adhere to reporting standards.