Those FB put options at $27 looking pretty tasty now…
[quote=markmax33][quote=ninaprincess]Wow, these are scary allegations if true. I watched the 60 minutes clip on Groupon and I don’t trust that CEO at all. I think I will hold on to my money for now. Thanks very much for your advice.[/quote]
Nina,
The below information is pretty false. Google’s success is in advertisement from the those little ads at the top of and side of the screen you see all the time. Groupon is not an ad company and has a huge transaction fee for everything. Zynga and Facebook are exactly the same as Google, they will make money from ads and go through the roof as ad budgets get shifted from TV to online. It is shifting like 2-3% per year AND the estimated amount of ad revenue Facebook makes from each user is about $125/user. It is a very powerful business model for those that truly understand this is not a web stock. Take it from someone who called Google, Apple, Chipotle, VMware, etc. Don’t let the anyone over 35 give you advice on a tech stock. Watch the under 35 crowed and see what they are doing and you’ll find the next successful company.[/quote]
I guess some of us >35 year old but < 40 year old who survived web 1.0 were kinda right after all...
