I dunno about Facebook Kaslin, but “loose” I know, and it ain’t “lose”.
read the EULA
LLS
I am not smart enough to make a judgement call on Facebook,
but I view it more as a fad.
I have two Facebook accounts that I started, thinking that it would be a route for old friends around the world to find me, as I am now an international citizen.
Instead, all I have are list of hundreds of people around the world that Facebook says I may know, along with pages of other junk. I have no idea who any of the people are.
Maybe I have not learned how to use it, but over the last year nothing about it has impressed me.
As it stands, I can barely get up the desire to check my pages once per week.
My girl and our baby each have Facebook pages, and she is on them every day, posting dozens of baby pics, but she is contributing zero to Facebook or any of their advertisers.
Remember when CB radio was the hottest fad going in the 70s?
It bankrupted a number of companies.
Blasphemer! Heretic!
/s
In the short term it’s a loser because they will keep flooding the market with shares.
In the long run it’s a loser because eventually Facebook will go the way of MySpace. In fact I already see articles decrying how ‘uncool’ it is now.
For us 40-somethings it’s still cool but I wouldn’t invest in it.
What is their business model? How will those shares earn any money for their owners? What exactly are they selling??? Those are the questions I’d have to have answers for before I would consider investing in Facebook.
i’ve been considering shorting it all week.