Thread: Investing 102
View Single Post
  #1539  
Old 05-21-2012, 01:46 PM
Bucketlist2012's Avatar
Bucketlist2012 Bucketlist2012 is offline
Senior Member
 
Join Date: Dec 2011
Location: Northern California
Posts: 918
Thanks: 0
Thanked 0 Times in 0 Posts
Default

For me I just don't see face book as a great company...

Zuckerburg is a brilliant entrepenuer, and programmer, but he has never run a company..

Some of his buys lately have been on a whim.. And other than users, where is it's real value..

It is an information seller.. If it weren't for the underwriters, Morgan Stanley,etc.., it would be at 15 dollars..

But again, people have the free will to buy and sell what they want to..

I see no value in this company at this price, and at this time..

Dividend stocks are about products...They are only a part of the mix, but they sell TANGIBLE goods..And some that people cannot live without...

I don't see that as gambling due to the fact that people MUST buy toliet paper, soaps, Food, gasoline, and they will ALWAYS buy cigarettes, and alcohol, ect...

But then again, that is why we post, to share ideas, not to shoot each other down...I am just giving My opinion.

P.S. I am 52 and living off my Portfolio/Income, so my view is from that angle...Not from a younger Investor...Even though 52 is young....well youngish...haha
__________________
Luck is the meeting of preparation and opportunity
Pro Touring 71 Z/28 in training

Soon to be crazy

Last edited by Bucketlist2012; 05-21-2012 at 01:49 PM.
Reply With Quote