[quote=spdrun]And by Fecesbook, you mean “the next MySpace?” Remember them? Advertising revenue is all well and good if people actually give a fuck about the ads (thus prompting more advertising), which I’m not convinced that FB users actually do. Seriously, I can’t remember the name of a single ad or “sponsored story” from my Fecesbook feed.
This being said, it’s a good stock to scalp-trade.
LinkedIn, on the other hand, is fucking flat after dropping 23.3% today(!). Might need to buy me some tomorrow — I love trading on bad/meh news.[/quote]
You’re arguing like you’re trying to rationalize the markets are rational…
Someone here once said something very wise…
The markets can stay irrational longer than you can stay solvent.
At one point in time, I was on the FB is a ridiculous company at $30/share (when they had no mobile strategy)…All the way down to $18/share.
Looks like they got enough momentum to at least carry on the speculation play in the short term (no, I’m not on either side of the fence on this one… To much churn for my tastes)…
Let me know after you’ve made $1million in the stock market and we can talk about how accurately you can predict things.
