As Facebook Gets Above $30 Again- Will It Get Crushed Like Apple Did

January 9, 2013 - 8:02pm

By 24/7 Wall StreetFacebook, Inc. (NASDAQ: FB) has crossed back up over $30 for the first time since its disastrous initial public offering robbed billions of dollars from unsuspecting investors. Now there is a serious question to ask: Is Facebook now getting overvalued? We just featured Facebook in our Undervalued & Overvalued Internet Stocks for 2013 and the answer on the surface as of today is that Facebook is getting overvalued again.The excitement around Facebook is being rekindled after the company has sent out a media invite about what the company is building. What is it?The problem that keeps coming up in the valuation scheme is that Wall Street analysts are likely to keep changing their opinion and the 

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