has serious problems. Their last 10k states " We are under examination by the IRS
for 2008-2010. Our 2011-2014 Tax years remain subject to examination." This information is well hidden in the notes to financial statements in Income taxes. Evidently FB
has taken tax credits on $3 billion of tax loss carryforward over the last 3 years, that it is ineligible for because of change in ownership with their IPO
. Short FB
it is sure to fall. Also Justiceisfalse on this board points out the recent rise in FB
price is a . 618 retracement
of the high of $86.07 and the low since then.