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I'm not sure I need the "?", but with investing, nothing is guaranteed. I haven't looked at their financial statements... but one has to wonder where the revenue stream is. I don't pay them anything (hell, I rarely even log in). But is it data harvesting? ads?
Swade noted an interesting thing about facebook: GM is pulling their advertising there... apparently it was costing them $40m/y, yet only $10m/y was paid to facebook for the ads... they felt they weren't getting enough return to justify the expenditure...
My gut feel is speculators will drive the price up initially + then it will fall back down. If I had to bet a donut on it, of your options, I'd say $20, but who knows... I'm not buying it. I think many people are already starting to find it boring + move on with their lives... less use probably means smaller revenue stream... I have been wrong before...
Posts in this Thread:
- Facebook Stock, Scott Paterson , Sun, 20 May 2012 06:55:14
- ah well, it did manage $50+ eventually..., Scott Paterson , Thu, 2 Jan 2014 20:14:42
- funny tweet by my friend..., Scott Paterson , Fri, 25 May 2012 15:22:17
- "Fury Over Facebook IPO Grows, Lawsuits Mount", Bill Homer , Wed, 23 May 2012 09:41:29
- Re: Facebook Stock, C H Tay, Tue, 22 May 2012 21:14:39
- Re: Facebook Stock, Scott Paterson , Tue, 22 May 2012 16:36:59
- Zuck said they need to monetize the mobile apps, AeroBaron, Mon, 21 May 2012 21:23:43
- Fadebook. $20, andym, Mon, 21 May 2012 15:35:02
- I suspect $20 comes first, Notnoel , Mon, 21 May 2012 08:49:46
- This ^, turbocon86, Mon, 21 May 2012 09:43:11
- Re: This ^, Snowmobile , Mon, 21 May 2012 10:00:30
- Facebook Stock -If it hits 50 first below 20 is next, LG Aero, Mon, 21 May 2012 06:06:40
- Not a clue, DE , Sun, 20 May 2012 12:34:46
- $20 - I think they'll be MySpace 2.0, Trev, Sun, 20 May 2012 12:01:24
- Seems all too familiar, Bill Homer , Sun, 20 May 2012 11:47:46
- Depends what they do with the billions received, MI-Roger , Sun, 20 May 2012 11:03:16
- Bubble?, Snowmobile , Sun, 20 May 2012 08:58:31 <-- Viewing This Message
- Re: Facebook Stock, turbosaab , Sun, 20 May 2012 07:32:10
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