Jim Rogers, the outspoken proponent of the free market and CEO/Chairman of Rogers Holdings, said yesterday he wouldn’t be a buyer of the highly anticipated Facebook stock simply because it would be too expensive. Jim Rogers is a widely followed investor and publisher of several books on investing whose insight has proven itself as he and Billionaire investor
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Facebook, Inc. shareholders are being halted from trading shares on secondary markets for three days which leads many to believe Facebook may be filing for the long anticipated Initial Public Offering, IPO. Buy/Sell orders can be made but the trades won’t be processed by Fenwick & West LLC, Facebook’s attorneys, until Jan. 27
Facebook secondary transactions are kept private and as the social-networking site prepares for an initial public offering, investors world-wide ...
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Jan. 2011 – Sept. 2011
Assets: $5.6 billion
Cash/cash equivalents: $3.5 billion
Debt: $0
Shareholder equity: $4.5 billion
Operating cash flow: $1 billion
Revenue: $2.5 billion
Operating income: $1.2 billion
Net income: $714 million
Ownership:
[Source: All figures via a ...
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