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To: dennisw
"What is killing Facebook and its stock is that more and more people access it via mobile devices (smartphones, androids, iPhones). Where due to smaller screen size their advertizing is much less effective with fewer click throughs"

FB admitted as much in a filing prior to the IPO, and then doubled-down Bobo-style by simultaneously raising the IPO issue price...

This whole imbroglio will become a textbook example of how to not just get away with malfeasance, but cash in on it -- pity Zuckerturd's generation simply doesn't care.

28 posted on 08/19/2012 6:18:07 AM PDT by StAnDeliver ("So, a Mormon and a Catholic walk onto an aircraft carrier...")
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To: StAnDeliver
"What is killing Facebook and its stock is that more and more people access it via mobile devices (smartphones, androids, iPhones). Where due to smaller screen size their advertizing is much less effective with fewer click throughs"

FB admitted as much in a filing prior to the IPO, and then doubled-down Bobo-style by simultaneously raising the IPO issue price...

You are right but everyone (IPO touts and investors) pretty much glossed over this facebook problem with mobile devices. Facebook can go down some more because in the next four months early investors and insiders will be allowed to sell their shares that were legally on hold as part of the IPO

31 posted on 08/19/2012 7:35:29 AM PDT by dennisw (Government be yo mamma - Re-elect Barack Obama)
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