Topic: FB
Is it time to get into FB? Hit all-time low of $19.15 this morning, down almost 50% from IPO price of $38.
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Is it time to get into FB? Hit all-time low of $19.15 this morning, down almost 50% from IPO price of $38.
You'd be better off shorting it. It's a slowly dying fad and it will be worthless in 5 years unless they re-invent themselves. By then the next generation of kids will have moved on to something else.
Take a look at GNSZ instead.
http://lifetechcapital.com/ltc/wp-conte … 2-GNSZ.pdf
Take a look at this as an investment > http://www.bbc.co.uk/news/business-19210107
FB is already alienating users with mass changes to the format restricting your friendbase, and charging anyone who tries to get the word out on an enterprise (like a band). It sure doesn't look like it will make it profitable. Short it and watch the fall. The principals sold what they could early and cashed in leaving the rest holding the bag.
Out here in Cali, the in the red before it began State Budget was planned by the pols using the huge income stream predicted from the fb profits (vapor paper). We will soon join Greece in the poorhouse as Governor Moonbeam entreats us to raise taxes on all to save his bacon since the public sector now costs more than the state brings in while the private sector heads across the State Line to evade the mess.
Google+ is making inroads. All are encouraged to check the sex box marked "other" when signing up in protest. That will sure mess up the demographics.
Rick
To me social networking is way overhyped as an investment. Barriers to entry are pretty low, and the success of any given site seems to be more fad than real differentiation. FB might have bottomed temporarily, but as a long term investment I have my doubts.
FB is already alienating users with mass changes to the format restricting your friendbase, and charging anyone who tries to get the word out on an enterprise (like a band). It sure doesn't look like it will make it profitable. Short it and watch the fall. The principals sold what they could early and cashed in leaving the rest holding the bag.
Out here in Cali, the in the red before it began State Budget was planned by the pols using the huge income stream predicted from the fb profits (vapor paper). We will soon join Greece in the poorhouse as Governor Moonbeam entreats us to raise taxes on all to save his bacon since the public sector now costs more than the state brings in while the private sector heads across the State Line to evade the mess.
Google+ is making inroads. All are encouraged to check the sex box marked "other" when signing up in protest. That will sure mess up the demographics.
Rick
I always check or WRITE IN rather "YES, of course" on the sex box. heh heh
ML
FDOL
FDOL..you are too funny! As for FB, how did they come up with a value? It isn't a commodity. And it's becoming more annoying with time, as Rick stated. IF I had money to invest, I'd see if Spacex is public. The money is always in what's next Cathy
As for FB, how did they come up with a value? Cathy
I believe Karnak was the principle consultant. His assistant used the Turbo Ouija Matrix algorithm.
Is it time to get into FB? Hit all-time low of $19.15 this morning, down almost 50% from IPO price of $38.
My financial advice would be one or all of the 4 precious metals. Gold, silver, lead and brass.
Stu Craig wrote:Is it time to get into FB? Hit all-time low of $19.15 this morning, down almost 50% from IPO price of $38.
My financial advice would be one or all of the 4 precious metals. Gold, silver, lead and brass.
...you forgot water!
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