3 months ago this week I posted why FB will be the internets largest flop
#1
Posted 17 August 2012 - 03:15 PM
http://www.traders-t...howtopic=139647
It claims as its users, over 1 billion.
BFD.
#2
Posted 18 August 2012 - 12:36 PM
#3
Posted 18 August 2012 - 01:54 PM
at best its worth between 10 and 15 for the next 10 years.Okay..... I am a Facebook user.... I don' spend tons of time on it, and don't play games on Facebook, but it is a good source of Advertising for social media.. With that said, it is by default the most personal social media site to share pictures and happenings with friends and family. I personally thing Facebook will grow as a company at a rate between 10 - 20% annually, and will be utilized more and more for select advertising. Personally if it has too much advertising it takes away from the experience...
With that said Facebook is not for everyone... Not everyone is social or care about keeping up with what friends are doing.....
Regardless of my positive feelings toward Facebook, I did not buy the stock.... When it opened I put a value buy of the stock at $13 a share give a 10 - 20% growth rate... We are not quite there yet?
Barry