Facebook Stock

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Facebook Stock

Postby iwiw99 » Fri Aug 17, 2012 6:09 am

It's diving but isn't it a no brainer to buy this stock at some point and forget about it? At what price would you buy it?

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Re: Facebook Stock

Postby Shorty » Mon Sep 10, 2012 8:29 pm

I don't buy individual stock, just mutual funds.

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Re: Facebook Stock

Postby Igor » Mon Sep 10, 2012 10:33 pm

I don't do much investing other than casting a broad net with my 401(k). But that stock sure smelled like a loser in the short term, even to me. I suppose it is possible that enough people are addicted to it and will tolerate more ads - but if they go too far and drive people away, they will never get them back.

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Re: Facebook Stock

Postby Petro » Sun Sep 16, 2012 7:14 pm

They've gotten a slight bump in the past week since Zuck's speech at disrupt. Investors really like the notion of them moving into search. (Mostly because it's much easier to monetize than their current strategy of finding ways to annoy mobile users with more ads.)

89% of hedge funds are underperforming index funds this year. Given how far they've slid in the wake of their criminal IPO (criminal on the bank's part, not theirs), they can really only go up from here.

I still won't be spending any money on their stock.

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