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Old 05-21-2012, 12:29 PM   #1
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Waaah

e trade baby loses everything.

http://www.zerohedge.com/news/fadebo...highs#comments
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Old 05-21-2012, 12:30 PM   #2
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Originally Posted by Bonzo View Post:
e trade baby loses everything.

http://www.zerohedge.com/news/fadebo...highs#comments
Ugh, I was planning on shorting Facebook this week. I didn't think it was going to take this fast!
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Old 05-21-2012, 12:54 PM   #3
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http://finance.yahoo.com/q?s=fb&ql=1

Facebook's price to earnings ratio, even after this drop, is still 78!

Keep in mind, anything over 30 is considered very high:
http://en.wikipedia.org/wiki/P/E_ratio


Some even consider anything over 20 to be too high:
http://csinvestor.com/investing-guid...high-pe-ratio/
"Companies that are highly rated or overvalued, for example, companies with a price earnings ratio of more than 20."
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