Thursday, August 30, 2012

WSJ: More Facebook shares ready to be sold







Facebook Inc.'s initial public offering and its subsequent stock-price tumble have been the subject of so much scorn, outrage, controversy, criticism and ridicule that to add anymore is just piling on.

My advice: Give it a couple of months. By then, you might think there hasn't been enough criticism.

That is because Facebook is still overpriced and it is about to be walloped by a flood of shares hitting the market.



More Pain to Come for Facebook