All Aboard The Facebook Train?
by Bill Maurer
Recently, shares of Facebook (FB) rallied strongly after an impressive third quarter. Facebook beat on both the top and bottom line, sending shares up 19% on the news. Facebook shares have come back down a bit since the spike, despite a number of analysts raising their revenue and earnings estimates. Part of the decline had to do with a lock-up period expiring for Facebook employees, allowing about 234 million shares to be sold. Another huge expiration comes in November. So the question remains. With Facebook shares coming back down despite a more positive future expected, is now the time to jump on the Facebook train? read more »
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