Facebook Floatation
Jimster
Cruffiton.etsy.com 6,893 Posts
Who is buying? Who is crying?
I give it 10-14 days before they head South.
I give it 10-14 days before they head South.
Comments
Where's the income?
GM pulled advertising?
B/w whoever finds a robust way of monetizing non-economic social networking, let me holler at shares in that
NPR did a story about companies selling "Likes". There has to be a huge number of facebook bots filling up that 900 Million user base.
We spend close to seven figures a year on Facebook for our UK clients and we are a very, very small player. Their revenue model totally stacks up - print and broadcast are shrinking audiences but they're all on Facebook and people are good enough to tell you what they like. Not sustainable, mind you, but for the moment it's just raining cash over there.
The company will lose half it's valuation in two to three years, pretty much like Yahoo did.
?
probably won't make it much clearer, but:
I'm a notoriously bad stock-picker so will bow to those in the know.
Just too many fundamentals are wrong.
Company is just 8 years old.
It's run by. a 28 year old.
It doesn't 'make' anything.
It relies on one income stream.
If it suddenly becomes uncool , it is history.
If a better competitor gains traction, game over.
The next question is whether a lot of the selling in AAPL recently was tied to people booking profits and freeing up cash to buy FB.
Watching CNBC was pure entertainment today.
I bought a few for the heck of it. Should be interesting to see what happens.
Man, I was watching a documentary about him the other day and he's like some kind of idiot savante, and I don't say that in a good way. Additionally, now that he's a stock market taste maker, any investment he makes is golden because other investors follow suit and invest in whatever he does like some kind of Stock Market Oprah.
Where is facebook's value? Secretly culling user preferences, ad space, viral vids? Yahoo-esque for sure.
I hope they make a "Saverin Law." Fuck that dude and people like him.
I feel the same way.
Someone was pointing out that folks were saying the same thing about google when they went public.
At that time they did very little advertising and little else to offer besides search engine.
It has been a strong stock so far.
Except we had a fore-runner in the uk called Friends Reunited and after a huge surge of interest, it got off-loaded to a TV station and now there's crickets.
Social e-networking is too young an industry. Dudes will arb the bubble on the stock price, and that's cool, but I just heard Zuck retains controlling voting interest and that's not a good look IMHO.
I don't get it, but I'm a Twitter guy.
As someone who follows Stocktwits, but stayed out of this (I'm kind of largely liquid right now, save some low $ plays; not smart enough and too busy to be fusking with this market) I'm about to pay money to follow the Sween stream. Throw in a fart joke or 10, and I'm way in.
I tried posting on StockTwits, it wasn't for me. I spent the majority of my posts making fun of all of the AAPL related posting over there, pretty big waste of time on my end. On top of that, a lot of info gets thrown out there by people who are making trades of 1 or 2 option contracts. They have very little skin in the game but blow the most hot air. It's a halfway decent site though now, I think they have a lot more members and the information is a little more spread out. I also don't post stock buys on twitter, I tried that on Stocktwits but it distracts me from the business at hand.
I was already out.
We all called bullshit, except for poor jfad. I hope his investment wasn't chunky.
So who can call it a buy now? Anyone got a feeling on the FB move into mobile device enhancements? They have nuff cash to throw into development, but can the bosses be trusted to make it so? Or has the ship sailed for this company?
SPEAK WITH CONVICTION TO A TEMPTED DUDE
Their sales model is what, pushing content in a clusterf*ck on-screen format to colllege kids? Portable devices don't have, by their portable nature, the screen real-estate to render the clusterfu*k in a non-dogs-dinner way.
Perhaps my standards are too high, doe?
College kids with expensive tablets pls to speak on it.
Fascist book user's eyes are their product. Groups buying ads are Hoping you will clickity-clack the link, share it with your friends, buy something if your buying things. I call it starting a bunch of very small fires.
I'm going to go for a bike ride to the grocery store before it gets too hot.
Only 10 shares. Thanks for your concern.