FB: It Is Still Too Early To Go Long Facebook

It Is Still Too Early To Go Long Facebook
by Bret Jensen

Facebook (FB) is having its best day in since its IPO debacle on the back of a better than expected earnings report and reassuring words about its progress in monetizing mobile growth. I have been a skeptic on the company since it went public. Although the time to short the shares might have passed, the stock still does not offer investors a good entry point even the stock it may have now established a bottom in the $18 to $19 a share range. read more »

More on FB:

Did Facebook Just Become A Buy? by Jacob Steinberg

Promising Mobile Signs Send Shares Of Facebook Higher by Robert Broens

Facebook Is Making The Shift: 14% Of Q3 Ad Revenue Came From Mobile by TechCrunch

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