Duh on you if you bought the Facebook IPO. Double duh if you’re thinking of buying Facebook stock now that it’s fallen to $32 a share and lost $17.16 billion off its initial $104 billion valuation. The company is only worth about $7.50 a share. And, no. That’s not a typo. There is no missing zero or a placeholder. That’s reality. What is ludicrous is that Morgan Stanley and Facebook executives thought the company merited a $104 billion valuation at 100 times earnings. As my go…

Keep on reading: Facebook Stock is Worth $7.50 a Share at Best