[quote=SK in CV][quote=patb]funny it went from IPO to shreholder lawsuit in 48 hours, now, it could go from IPO to delisted before the restricted shares start to trade.[/quote]
Facebook isn’t going to get delisted. It’s current quarter earnings notwithstanding, it is still making money. It has value. The problem is not primarily an internal problem, it’s an external problem. It has real value. But it’s over-valued. Somewhere along the line they are likely to figure out how to monetize what they have, and they may even become worth their IPO price. But until then, they’re a fabulously well capitalized (possibly the best ever) company.[/quote]
perhaps but you seem to be discounting the click fraud scandal.
if it’s real, FB revenue number collapses, given they spend 75% of their revenue, they will have to either slash salary or spending. I don’t see them buying ads, so it’s got to be internl spending.
