How Barron's Slapped Facebook So Hard with a $15 Value

Reblogged from 24/7 Wall St.:

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Facebook Inc. (NASDAQ: FB) has been a total disaster and a complete disappointment since coming public. The IPO actually may have been such a disappointment that it became one more catalyst further destroying the trust of an entire generation of equity investors. While shares had bounced 30% from the lows and went out at $22.86 on Friday, the cover story on Barron's over this past weekend really panned the Facebook valuation.

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