The nerve is called the "nerve of awareness". You cant dissect it. Its a current that runs up the center of your spine. I dont know if any of you have sat down, crossed your legs, smoked DMT, and watch what happens... but what happens to me is this big thing goes RRRRRRRRRAAAAAWWW! up my spine and flashes in my brain... well apparently thats whats going to happen if I do this stuff...
The time of the .com boom has long past and yet this seems like a throwback to those times.
They don't produce a profit like other businesses do and in perspective these share prices are absolutely obsene. Seems to be the owners of facebook are cashing in at the height of facebook popularity and when your sitting on a couple of billion there's little you need to care about.
Three things will happen in the next few months:
1) Facebook share price will plumet.
2) Facebook will offer benefits to shareholders which integrate into their accounts to compensate for the expected low dividend.
3) Facebook will increase advertising dramatically or add microtransaction charges for games, groups, posts and more.
Dont know much about stocks, but my take on this is simply that social networking sites come and go. There are so many new innovations when it comes to this area, that FB is on thin ice imo. Look how fast twitter grew? What will be the next site? If you had invested in FB a few years ago it could have made you some money, but now i think its too late
most likely drunk and posting
Maybe they are, but the valuation of 38$ was set by brokerage firms, not by Joe Blow picking up a couple of shares.
“Ever wonder why ice cubes taste so boring? It’s cuz you make ‘em outta stupid water, you bimbo! Put some fruit juice in there and freeze it into ice cubes, and put THAT in your milk.”
"One small mankind and I'm gonna leap the heck outta this moon rocket." - Kneel Aurmstrang
For your health.
Facebooks popularity is declining, a lot of people are closing their accounts... it will be the next myspace in terms of falling off the face of the earth.
Theres not much room for growth when over 900 million people use facebook... unless we start handing out computers and internet to people who live in the Amazon.
Buy some instantly as soon as it opens. Sell them 10 minutes later.
It's quite fun to if you compare it to Giants such as Apple and Google as well, then the share price really becomes baffling.
Last edited by Jackmoves; 2012-05-18 at 06:23 PM.
Yeah I was just referring to user growth,I think that they have many options to grow financially, information is valuable afterall, having close to a billion peoples likes and dislikes would be great to sell to companies so they can maximize their profits by catering to what people like on facebook without having to revert to more ads.
All of these tech companies trading at 100-200+ times earnings are going to lead us straight into another .com crash.
'Twas a cutlass swipe or an ounce of lead
Or a yawing hole in a battered head
And the scuppers clogged with rotting red
And there they lay I damn me eyes
All lookouts clapped on Paradise
All souls bound just contrarywise, yo ho ho and a bottle of rum!
I now own part of FACEBOOK!
Nope, I will not buy shares because FB is on the way out, Twitter is reigning supreme ATM, with G+ following behind. Social sites will continue on their current cycle.
investopedia.com, marketwatch.com, just a couple places to start reading.