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Soreide Law Group
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Soreide Law Group, PLLC, is a securities litigation firm that is committed to helping victims recover financial losses due to fraudulent or negligent conduct on behalf of stock brokers or financial advisors. We are able to represent investors nationwide in the handling of their securities... More
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  • Is The 'Facebook' (FB) Bubble About To Burst? 0 comments
    Jun 6, 2012 1:19 PM

    The Soreide Law Group, PLLC, is currently investigating claims against brokers who have allegedly over concentrated their clients in Facebook (NASDAQ:FB) stock.

    Amazingly, Facebook's p/e (Price to Earnings) ratio is 105 to 1. Consider for a moment that a fairly valued stock is normally around 15 to 1. Apple, for example, is 13 to 1, Microsoft is 11 to 1, Hewlett-Packard 7.7 to 1.

    Some big investors are selling off earlier than expected, uncomfortable about the possibility of the Facebook bubble about to burst.

    Facebook is unconventional. It makes its money from advertising, not users. The users don't have to buy anything to use the product. They can 'hang out' on Facebook all day, and not pay a thing. Allegedly, advertisers are getting disillusioned. GM recently discontinued much of its Facebook advertising alleging lack of effectiveness.

    The day Facebook went public they were sued by users for $15 billion allegedly for invasion of privacy for tracking their online usage, even after they logged off of Facebook. How will this affect the company?

    Securities Lawyer, Lars K. Soreide, of Soreide Law Group, PLLC, has represented clients nationwide. If you or a family member have sustained investment losses due to your stock broker or financial advisor's recommendations in Facebook (FB) stock, call for a free consultation on how to potentially recover your losses. To speak with an attorney call 888-760-6552, or visit our website at: http://www.securitieslawyer.com.

    Soreide Law Group, PLLC., representing investors nationwide before FINRA the Financial Industry Regulatory Authority.

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

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