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$34.03 close, $33.78 in after hours. Investors don't appear to feel the love like the users do. The next few days/weeks will be interesting.
Facebook to me lacks substance, many users appear to be looking for attention and/or instant gratification. In the past 2.5 years I've tried marketing two businesses one being floor covering the other KTM motorcycles, granted I haven't bought advertising at a level they'd like but I have bought a targeted demographic within a 40 mile radius for the flooring business and can say I haven't seen one consumer dollar because of it. The KTM side due to the recreational nature has generated more interest and probably a couple accessory sales. Not enough to justify budgeting monthly advertising dollars.........IMO. |
What happened to Myspace?:D
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Those were some of the best times...Girls in Lingerie, and Fun, Fun, Fun... I have memories to last a life time, and I am still spending the cash I made.. Missed the big time, but I had a great time, and Invested the Money... I had long hair but refused to wear make up...I left that to the band members The Producer/Engineer/Roadies never hit the stage.. |
Drop it like a rock, drop drop it like a rock. nah that is more like hip hop not 80's rock.. oh wait, hip hop? facebook hype :)
http://static.poponthepop.com/images...to_530x354.jpg Hoepfully the hit and drop was after Zuckerman marriage to Priscilla sign of things to come. Funny how news are kicking things... Zuckerman fortune dropped 2.1 billion dollars in a few days, etc.... Facebook experiencing a recent drop on number of registered users? Etc. DISCLAIMER: Do not want to rain on anyone's parade and hopefully things bounce back. At the same time just surprised how many people jumped in based on pure hype. FB has been traded on secondary market by the big boys and public IPO value was in the $28-32 range, so interesting a lot of small investors jumped in and did not mind paying a premium. From a market value vs value proposition perspective will be interesting to see how FB rates. Some basic things to think about is that a wide array of FB users are utilizing mobile to access FB, rather than a laptop (or similar port). FB has not yet figured out how to "sell" their value proposition on mobiles. My money is on a 17 year old that will capitalize with a bigger value proposition soon, that will oust FB. |
ALL I know is I am long on Facebook and expect the price to drop even more as insiders begin to be able to sell. will be buying for the next 6 months.
If I can keep the average down its a win win. I dot see the company or the stock disappearing. |
Surely the value of facebook is the deep insights into people's lives that can then be leveraged for new product development
A billion strong user research community all participating for free. |
So guys steals an idea from two smarter guys, then moves it into the monster we call Facebook.. and were surprised he had some under the table deals to fleece the retail customer.... %^&* him..... Now keeping to my word this was a gamble and one I took with discretionary funds.... But man this just smells like some shady dealing relative to the mobile disclosures to the Big finical houses that didn't seem to make it to the the SEC or the public....
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And a hush hush wedding the day after IPO? He's not doing too much sharing of his own :rolleyes:
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walks like a duck.... looks like a duck...acts like a duck....
Hmmmm.... |
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