Thursday, October 25, 2012

FB: Facebook Wins With Spin, But Is There Any There?

Facebook Wins With Spin, But Is There Any There?
by Dana Blankenhorn

Facebook (FB) rose 20% this week by spinning its results on a conference call.
Personally I still wouldn't touch the stock with a barge pole. Not until after all lock-ups expire. I know Jim Cramer thinks there's long-side action, and I suppose there is, but we are no longer looking at an IPO here, we're looking at a mature stock. read more »

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