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Welcome,
Guest
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I am still shorting it. However, with their new bundle of aquisitions the stock may temporarily rebound, but I don't think it will last. I think right now they are trying to buy their way into a better valuation (on the stock market) but not thinking about all the integration issues incorporating their purchases will take (time wise that is).
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I don't foresee the stock reaching its IPO but most likely hovering around the 30-33 range, at least until the company gets a more tangible profit plan.
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for me facebook is going down, no new ideas for now ... they are slow and not innovative and also they just ruin their image. For me they are going down. We all saw what happened with Zuckerberg stocks. He lost 5b so ..
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In my opinion, it would not possibly go up.
The purpose when creating the Facebook was not to earn money but just to expand networking. All the thing we talk about web and app are the derivatives. |
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I think some of the rumors flying around will not help the valuation and stock price. A facebook phone? totally unnecessary. A facebook job board? I wouldn't trust it. Facebook payments? I don't trust their privacy record.
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