Looks like it's going to happen this week or next. Overhyped? Get in now? What's the scoop, CF daytraders?
It seems like incredible growth is already priced into the stock. So even if the company has great growth and matches expectations, it doesn't leave a lot of room for appreciation. It's also ridiculous that something like 15% of their revenue comes from Zynga selling fake farm animals and such in their games. That seems like a fad that's not going to grow at the rate FB needs to grow their revenues - at some point, people will decide buying a virtual cow is not on their list of priorities.
probably. i got tricked into getting mine. i hate that timeline ****. then when you want to go back to something that was posted like 2 weeks ago, it's not even there, it will just skip you to the beginning of the month or the middle of the last. ****ing bull****. first world problems.
I haven't seen their business plan or how they're going to monetize their subscribers. Without that, it's hard for me to value it. They do have a tremendous asset in 900 million users.
Last quarter was a 33% increase in revenue over same quarter last year. That's pretty crazy that they're still growing like that. Their operating margin is 1.5% which is also nuts.
900 million active users? My long term projection: overhyped, doomed to become the next myspace within 5 to 7 yrs....or maybe not!
There will always be people who play those games and spend that money - but remember, that's already valued into the stock. What FB needs it to grow that group - but it's a fairly limited subgroup of people. Everyone who loves Farmville is probably already playing it. The other problem FB has is that they are at 900 million users. That has a lot of value, but with only about 2 billion internet users in the world, their potential to grow their base is fairly limited. So they have to grow their revenues at a fairly significant pace without the benefit of a growing userbase.
and Apple has a P/E well under 20 and people are saying its overvalued even though they have the cash and sales to back it up.....facebook is literally worthless in less than 5 years book it.....myspace,friendster, and a few more are all gone today
I agree. It's an absolute terrible business decision for them. Most people hate timeline, and yet they are forcing people to adopt it. I really don't understand.
Anybody know how I can get in on buying some FB stock? (It sounds like a high-risk, high-reward investment that might be worth it)
Anyone remember when Google had their IPO? I remember some guys I worked with that the time were saying $60 per share or whatever it was exactly was way too high. Lol.
