My gut tells me it has a way to go still, but I'm just guessing. I like the way you're thinking though
Boiler Room: The Official Stock Market Discussion
My gut tells me it has a way to go still, but I'm just guessing. I like the way you're thinking though
Domingo Halliburton
Handmade in USA
I'm overthinking this.
long 50 shares of FB at $96.92
long 50 shares of FB at $96.92
Domingo Halliburton
Handmade in USA
guess they missed lost about $150. 
everyone was so bullish I should have just shorted.
everyone was so bullish I should have just shorted.
Domingo Halliburton
Handmade in USA
what's up with these earnings they beat top and bottom line, didn't they?
profit takers maybe?
wish i knew. market reactions seem like they are in reverse these days.
i'm confident FB will close over $120 end of year. even if it temporarily retraces
Domingo Halliburton
Handmade in USA
problems I'm seeing is it's a $270B company. Pretty damn big and expensive on top of that.
7 billion people on earth. 1.49 billion apparently have facebook accounts. I don't see how they really grow the user base from here but they've done all types of wonders with different forms of advertising. at what point do they clutter it up too much though.
KingJamesXXIII
Rookie
Damn, even FB tossing salads too. Are social media stocks=Toast?
FB, TWTR, YELP, ...
FB, TWTR, YELP, ...
Domingo Halliburton
Handmade in USA
TWTR and YELP have terrible management. FB is a whole different animal to me.
KingJamesXXIII
Rookie
Speaking of Yelp, they are blowing up my phone and email trying to sell me advertising for my business. Calls from every Yelp office there is.
Domingo Halliburton
Handmade in USA
Doug Kass announces he's short FB at $93 and it goes right back up.
This guy and Dennis Gartman you could probably be a millionaire by now if you just did the opposite of whatever comes out of their mouths.
I don't know how these two ever managed money at one point (or still do, I don't know).
This guy and Dennis Gartman you could probably be a millionaire by now if you just did the opposite of whatever comes out of their mouths.
I don't know how these two ever managed money at one point (or still do, I don't know).
I think it has less to do with growing the user base at this point and more about optimizing (both in user base and monetization) other entities under the corporate umbrella, particularly instagram and whatsapp.
Then, just as importantly, integrating more revenue and commerce streams into the current user platforms. I've read that FB is rolling out live purchasing on the company pages. In other words, you can like "The Gap" on Facebook, they'll post a new sweater and you can purchase right their from FB. Of course facebook gets commission on the back end. This I think is a big game changer and could increase the value of the company exponentially if done right. And FB has been known to do stuff right most of the time.
The average FB user checks their feed like 20 times a day, including first thing when they wake up in the morning and right before bed. Weddings, babies, new jobs, vacations, everything unfolds these days on the platform that is facebook. No other comapny or corporation can touch that kind of social footprint and cultural significance.
Honestly...i think facebooks valuation is a bit large but Ive learned to accept it. The company is a machine at the end of the day. It's gross margins are too favourable. shyt runs itself at this point. They're diversifying quite a bit as well. We'll have to see how well they do with Oculus. It was a great move purchasing that company.
