Wednesday April 23, 2014


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Facebook Earnings Visibility Weakens Again But Stock Still On An Unjustifiable Premium Rating: Sell

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- Tom Winnifrith

The bad news for Facebook (US:FB) mounts on the earnings front with events at both Zynga (US:ZNGA) and at LinkedIn (US:LNKD) contributing to its woes. Gradually even the most diehard bull must be starting to recognise that there is no earnings visibility at all for Mark Zuckerburg’s company. It is on that basis

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