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Will you buy Facebook if it gets cheap enough?

Discussion in 'The Okie Corral' started by cowboy1964, May 29, 2012.

  1. cowboy1964

    cowboy1964

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    And what price would that be?

    Down almost 10% today. Report came out that maybe 40% of their users may actually be spammers. Ya think?
     
    Last edited: May 29, 2012
  2. jbutenhoff

    jbutenhoff

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    It is worthless. Have to chuckle at the millions of investors who totally forgot about the tech balloon popping 10-15 years ago...

    Billions of accounts but a tiny net profit = DO NOT INVEST!
     

  3. garyjandfamily

    garyjandfamily

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    Well - Facebook made about $4 per member last year. If you really believe in the product and have confidence that the management can double or triple their per-member income over the next few years - it might be worth $8 to $12 per share.

    If, on the other hand, you believe that it's the flavor of the day, and that people can migrate away from it as quickly as they migrated to it:

    The stock is basically worthless.
     
  4. Dennis in MA

    Dennis in MA Get off my lawn

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    Four. Then the P/E will be right.
     
  5. Restless28

    Restless28

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    Not no...but, hell no.
     
  6. GAtkins

    GAtkins CLM #58 CLM

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    No definable revenue model for growth. No sustainable competitive advantage.
     
  7. G29Reload

    G29Reload Tread Lightly

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    Suckers!


    A tribute to infantile narcissism and exhibitionism, self service self surveillance, as defunct as an Obama economic plan. A billion eyeballs and no revenue stream.

    wouldnt' buy unless it was toilet paper.
     
  8. pmcjury

    pmcjury

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    I am thinking about buying a couple of shares if it gets lie enough and requesting the actual certificate. just a share our two, so my kids can find it one day and ask me what Facebook is

    Sent from my Droid incredible using Swype
     
  9. JohnBT

    JohnBT NRA Benefactor

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    I read that paper certificates are not available. It's not even good for toilet paper.

    Fools' names, like fools' faces, Are often seen in public places.
    ~ ~ ~ Thomas Fuller

    John
     
  10. USSOCOM

    USSOCOM

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    Not worth the trouble to own. It will become worthless as soon as the next big fanboy social networking site is launched. This will take the best of FB, My Space, and Twitter, roll them up into a lightweight mobile app for iPhone and Android; leaving the worst of these apps behind. Now let me get back to programming.
     
  11. slick64

    slick64

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    Sorry, but that ship has sailed.
     
  12. crossfade

    crossfade InBrewCo.

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  13. Snaps

    Snaps Hail 2 The King

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    nope, I said before i came up that there's no value in it. Nobody goes there to pay any attention to the ads, there's no way for it to be making money and eventually something else will come up and it'll be facebook is to myspace what **** is to facebook
     
  14. MO Fugga

    MO Fugga Malt Liqra® Lifetime Member

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    Somebody tell me this:

    What company, if it exists is likeliest to be the next big thing over FB? As it will somehow go down like MySpace eventually.
     
  15. Snaps

    Snaps Hail 2 The King

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    no idea, what company existed as the next big thing to overthrow myspace a year before facebook came out?
     
  16. MO Fugga

    MO Fugga Malt Liqra® Lifetime Member

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    :dunno: Just wondering that if any, who the possible contenders are. Someone will topple it.
     
  17. *ASH*

    *ASH* FURBANITE

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    my money is on google upping the anty . they are skynet lol
     
  18. jbutenhoff

    jbutenhoff

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    +1

    I think the next Facebook/MySpace will be Google +. Just their video chat with 10 people at once will draw in the kids.
     
  19. stevelyn

    stevelyn NRA Life Member

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    I have no desire to do anything that would help keep that stupid abomination up and running.
     
  20. recycooler

    recycooler 9-11-2001

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    No, But soon as GT goes public I will.:supergrin: