Friday November 27, 2015
The Anti-smoking Nazis of the USA
Last Dance - a wonderful video of Paris and a wonderful song - sadness but defiance
Weekly postcard #131: Thoughts on Paris bombings - our politicians tell us that bombing Syria makes us safer - THEY LIE


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Facebook – Share crash to continue – Target Price cut from $7.30 to $5 and Zuckerburg will have to go

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- Tom Winnifrith

I have explained numerous times since Facebook (US: FB) stock IPO’d at $38 a share in mid May why I think that the shares are on fundamentals worth no more than $7.30. Actually it is pretty hard to put any value on this company as there is just so little visibility of earnings. And for that reason alone I am now slashing my price target from $7.30 to $5. And I think that the shares will head there pretty quickly. This remains a stonking short sell opportunity and here is why.

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