Facebook Inc (NASDAQ:FB) is undergoing a sort of resurgence in recent weeks. A new slew of reports on the companies future have been released and a new investment thesis-narrative has raised its head. The general vein of these reports, is exemplified by a report published by Jefferies yesterday. The report follows in the footsteps of many similar recent publications that suggest Facebook as a bad short term investment, but a great long term investment. Short term pressures stem from the expiration of several lock up periods in the coming months. The increase in supply of shares expected from sell off…
Long In The Face – Facebook Is A Good Long Term Investment: Jefferies
HFA Staff
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