Investors' reaction to FB
Posted on 05/18/2012 9:37:53 AM PDT by cll
Follow the slow motion train wreck here. This looks like a bubble to me.
http://www.google.com/finance?q=fb#
(Excerpt) Read more at google.com ...
I’m glad I’m a spectator in a building watching this train wreck, and not a passenger on the train.
Might as well trademark my "Backyard Fence" website and make a fortune.
The Facebook Bubble is a good thing for preppers, it will keep things cheap for a while as the “economy recovers” then tumbles down, think of it as an extra stick to hold things up a little while longer to replace the current one that has cracks in it that will give preppers even more time to secure their preps.
Intuitively, it doesn't surprise me. If I'm looking for a supplier of left-handed widgets, I'll go to Google.
If I'm looking for pictures of my grandson's latest antics, I'll go to Facebook.
I just don’t see the value...sure Facebook has a lot of users....but overnight, something else can crop up, and people could abandon FB for it.
The only people that will clean up on this are the insiders selling today...
Investors' reaction to FB
Thanks for posting. The chart looks like a profile of the Grand Canyon.
Then there are all those stupid games and notifications asking telling me someone hit a new level or answered a question about me. DO I FREAKING CARE? NO!
Wile I'm at it just what the hell is status, timeline, wall, home, etcetera? It goes on and on and ON!
Some recent junk I've had to wade through...
From a delusional leftist regarding the pampletgate report about BHO born in Kenya: This is from that dead asshole, Breitbart.
I've never had a "Vinny Pie"
I have decided, if I ever want to commit suicide, I will just wear my Slipknot jersey, go to the front of a Mushroomhead pit in Cleveland, and just turn my back and put my middle fingers up like they used to do to Slipknot in 2000
F**k this yardwork thing. I'm buying a goat
I hope the IPO TANKS!
Sick of hearing the hype. It is a pretty play thing for youngsters and others of similar ilk.
Facebook is extremely overvalued, all those buying today are only doing so for a quick gain from the suckers that follow.
It would look more like a bubble if you saw it racing up over $100 a share. It seems like people are taking a more cautious approach than many many expected.
This is where I need to be colored “stupid”.
I understand the per user of $45/user on Google. I buy a lot of stuff online (slotted rotors and pads for the truck, trim pieces for the car, digital camera and PC stuff). And since I use Google Shopper to shop for prices, I can completely understand and appreciate the $45 target.
However, I fail to understand the $5 revenue earnings per FaceBook user. I’ve never purchased anything through FaceBook, and I do not know anyone who has. I mean, if FaceBook had coupons for pizza - that would at least be something compelling.
There are a bunch of commercial offers on Facebook, including coupons. Supposedly, they use your information, friends and likes to match you to compatible offers. So it has the definite potential. It just ain’t there yet.
There it goes again!
It’s back down to it’s opening price of $38.
And I bet it is being held there artificially for the next few minutes so it doesn’t close in the red on its first day.
Of course, this is all artificial anyway.
Who cares? No one held a gun to their head. If it crashes, it crashes. If it does well, it does well. Let the buyer beware.
But it may be fun to watch anyway.
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