Post a New Topic
Original post made
on Jul 26, 2012
This article was obviously written by someone who knows nothing about the stock market.
FB stock price dropped 8.5% before the earnings report. Price dropped an additional 11% after the earnings report.
In addition to the mediocre earnings from last quarter, the real killer was a disappointing forecast for future earnings possibilities.
The P/E for FB is grossly inflated-future earnings growth looks abysmal.
The Face Book quarterly results are very bad-but not surprising as FB has declining advertising revenues and their business model is predicted to fail in the mid-term.
The IPO made a lot of money for insiders but the regular investor was fooled and deceived about the state of FB future earning.
FB was a fad that is going out of fashion.
Another local company with abysmal results is Tesla-
-with declining sales and revenues it lost well over $100 million in the last quarter-much worse than the same period last year.
I'm 30 and my friends and I are getting bored with fb. It just doesn't hold our attention anymore. I just don't need to know that you are having a latte at Starbucks or need to see 20 pictures of your new baby boy every week.
The issue is projected revenue growth-
-FB is a disaster in terms of its promises regarding revenue growth
FB did help US intelligence to profile its users and related social network analysis we should be grateful for that-
-but that era is probably over- as
The bad guys no longer use it
FB missed the mobile market window
It will be down hill from now on
My high school and college alumni groups are there, but groups tend to be dominated by a few individuals that can get tiresome after awhile (sort of like right here). I sign onto FB once a week or so, to see whether anyone new has turned up. But I've never posted anything on my page, even though fewer than a dozen "friends" can view it. Still, I think the company has a future. My investment money is mostly in oil, utilities and big pharma however.
I would not think of buying this stock until it hits $15 a share.
I agree with Mark. FB is fast approaching "played" status, just like those before it. I dropped my account as the daily posts were just too boring to share and read. I give my friends and family credit for "not" trying to make their lives appear to be rich and famous, I suppose! :) Still, in the ranking of "time that you'll never get back", I think that FB has descended below television at this point. It has no depth of thought, so it was inevitable for its shallow goals to surface eventually.
Whatever happened to Myspace? Will that be the fate of Facebook?
Myspace leaders had the good sense to sell the company at the peak of its market value. But when going IPO, a company needs to have room for the stock price to grow.
Wait until 6 months after the IPO, when the insiders' lockups expire, and then see the stock drop like a rock. Time is a more important factor than price.
The fact is that Facebook waited too long to go IPO, botched the IPO process, and now will pay the price of those decisions. We'll see what happens when the people who joined Facebook expecting to make gobs of money will their stock options, leave for greener pastures. That's what happened over the years to Yahoo!, which will likely never again be worth what Microsoft offered to pay for it.
How does FB make money? I have never bought anything on the site and I've been a member for over two years. I've asked my co-workers if they had ever bought anything. All said no. Plus, they all said that there looking at the site less these adays.
Phil- the short answer is - they dont! The longer answer is- through ads - which doesn't seem to be working.
What we need is a Wiki-Directory that people can participate in to whatever extent they want, but everyone should have some online address where people can find them, there is no threat in that or invasion of privacy.
Facebook's whole reason for being is to shove crap in front of your eyes, to get in the way of what you want to see just to the point where you do not run away. Huffington Post is the same way. You click to read a story and you are subjected to more ads that you would be if you were listening to the radio or watching TV. The ads sucking up time are what ruin AM radio as a means for informing the public - the advertising model does not work as far as educating and informing peolpe - it just brainwashes them, until they realize they have had enough.
I like FB OK, but I rarely ever log into it and I have nothing on the page, just my picture so people who want to can find me. For that, for me, it works fine. I do think it will fade away at some point because the nature of the advertising model is that they need to become more and more intrusive and invasive in order to boost earnings.
At least You-Tube lets you skip ads after 4 seconds.
There is nothing worse than clicking on a video that is supposed to be a news story, then finding out there is an ad before it, and then it auto-plays ads and stories without end, and the ads are longer than the stories.
This is intolerable. We are turning our peolpe's brains into mush!
Who cares if FB is tanking? Mr Zuckerberg got plenty of Zuckers that made him a billionaire overnight, and we love very rich people, don't we?
" Facebook's share price today hit an all time low of $19.82 which values the social networking giant at almost half its May initial offering price of $38.
The company's stock dropped 88 cents on Thursday, dropping to its new low after the company posted disappointing earnings last week.
It also directly followed the revelation today there are now more than 83 million fake users on its social network.
This dog don't hunt
We are looking at low digits and then penny stocks
Like- My Space- dead
That is it -end of story
Don't miss out on the discussion!
Sign up to be notified of new comments on this topic.
Post a comment
Posting an item on Town Square is simple and requires no registration. Just complete this form and hit "submit" and your topic will appear online.
Please be respectful and truthful in your postings so Town Square will continue to be a thoughtful gathering place for sharing community information
We prefer that you use your real name, but you may use any "member" name you wish.
Select your neighborhood or school community: * Not sure?
- Barron Park
- Charleston Gardens
- Charleston Meadows
- College Terrace
- Community Center
- Crescent Park
- Downtown North
- Duveneck/St. Francis
- Embarcadero Oaks/Leland
- Esther Clark Park
- Evergreen Park
- Greater Miranda
- Green Acres
- Greendell/Walnut Grove
- Leland Manor/Garland Drive
- Meadow Park
- Monroe Park
- Old Palo Alto
- Palo Alto Hills
- Palo Alto Orchards
- Palo Verde
- South of Midtown
- St. Claire Gardens
- The Greenhouse
- Triple El
- University South
- Woodland Ave. area (East Palo Alto)
- Addison School
- Barron Park School
- Duveneck School
- Egan Middle School (Los Altos)
- El Carmelo School
- Escondido School
- Fairmeadow School
- Gunn High School
- Hoover School
- JLS Middle School
- Jordan Middle School
- Juana Briones School
- Nixon School
- Ohlone School
- Palo Alto High School
- Palo Verde School
- Santa Rita (Los Altos)
- Terman Middle School
- Walter Hays School
- another community
- Another Palo Alto neighborhood
- East Palo Alto
- Los Altos
- Los Altos Hills
- Menlo Park
- Mountain View
- Portola Valley
Verification code: *
Enter the verification code exactly as shown, using capital and lowercase letters, in the multi-colored box.
Continuation of Office Cap Discussion
By Steve Levy | 9 comments | 2,664 views
By John Raftrey and Lori McCormick | 1 comment | 1,935 views
"Itís Not About the Nail"
By Chandrama Anderson | 3 comments | 1,331 views
Ramen shop replaces Muracciís in Los Altos
By Elena Kadvany | 5 comments | 1,328 views
Mismanagement of Consultants
By Douglas Moran | 7 comments | 1,085 views
Home & Real Estate
Shop Palo Alto
Send News Tips
Circulation & Delivery
Mountain View Voice
© 2015 Palo Alto Online
All rights reserved.