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Facebook shareholders: sell, sell, sell

Will go the way of MySpace

     

Automotive site

9:42 pm on Jul 26, 2012 (gmt 0)

5+ Year Member



Facebook is garbage just like MySpace was and look what has happened to that. Don't be bought into the hype of industry and stock analysts. Their job isn't always to provide impartial advice.

brotherhood of LAN

9:45 pm on Jul 26, 2012 (gmt 0)

WebmasterWorld Administrator brotherhood_of_lan is a WebmasterWorld Top Contributor of All Time 10+ Year Member Top Contributors Of The Month



Had you bought any?

The shares are not garbage IMO. If they were a dollar a share then they'd be a buy in most people's book.

ebound

10:24 pm on Jul 26, 2012 (gmt 0)

10+ Year Member



I'm a buyer at $6 / share. They still have much to prove as far as monetization goes. But a market cap of 60-100B based on potential value is too 1998 for me.

Automotive site

11:05 pm on Jul 26, 2012 (gmt 0)

5+ Year Member



Facebook does not have a captive audience or userbase. Most are young with limited spending power, not to mention very fickle who will likely move on to the next big thing. Facebook hasn't proved a platform for serious advertisers and marketers because Facebook users are not looking to spend, as many users of search engines are. People go on Facebook to mess around with friends and upload photos and what have you.

They may have 900 million users (supposedly) now, but do not be surprised if that figure is a couple hundred million in 3/4 years and declining.

Automotive site

11:08 pm on Jul 26, 2012 (gmt 0)

5+ Year Member



I don't own shares in Facebook, nor will I ever.

Essex_boy

9:26 pm on Jul 31, 2012 (gmt 0)

WebmasterWorld Senior Member essex_boy is a WebmasterWorld Top Contributor of All Time 10+ Year Member



Automotive, I think your spot on.
 

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