What if the stock now bounces back? Nobody can deny that the company is generating some solid revenues with lots of potential. Investors might think this is really low valuation and we might see surge in buying.
(Disclaimer: I do not own FB stock and this is just my speculation)
I will deny that the company is generating solid revenues with lots of potential.
I don't see a lot of potential in Facebook. They're just another rung on the ladder of social network churn, and luck may have played strongly into that.
Facebook is generating revenue, but nothing I would consider 'solid' for a company with a ~85 billion market cap.
The company is incredibly overvalued, and time will show that to be the case.
(Disclaimer: I do not own FB stock and this is just my speculation)