Tuesday May 22, 2012

Facebook Stock Hits New Low

It's a shame that there was no way of knowing all of this before the company went public. Wait, did I say a "shame?" I'm pretty sure I meant "sham." roll eyes (sarcastic)

Despite Facebook's massive reach, investors are quickly coming to the reality that the social network's valuation may be out of whack. Despite a massive user base of nearly 1 billion people, many consider its $100 billion value to be too high.