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>"I haven't bought and I wouldn't buy here. I think they have to determine what their business is right now and how they will make money at it. I don't believe they are clear about either."

Odd. I distinctly remember Cuban saying how he bought FB stock as a trade, and exited the position at a loss when he saw that the initial rally wasn't going to materialize.




He did, I think the key word in that thread is the "here".

A lot of analysts like Facebook at the $18-$20 price point, something reflected in the stocks relative stability since August.

He did buy into the IPO expecting a quick bump which didn't materialize. And he doesn't blame Facebook for it.

http://blogmaverick.com/2012/09/04/facebook-handled-their-ip...




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