Doesn't matter what revolution @ that valuation
I maintain valuation discipline, therefore I cannot buy it.
You brought up Nike which sells $23B in shoes and stuff and has a market cap of $48B, one-half that of Facebook.
It looks like FB will open below the issue price today. Morgan Stanley will surely try to prop it up, but the pre-market trading looks large and they could easily eat up a lot of funds if MS tries to prop it up. maybe investors are smarter than we give them credit for being.
Well I bought Nike shoes since 1979, bought Peet's coffee for 10 years and used Apple for 12 years. The only stock I bought was AAPL so 1/3.
FB can create revolutions so what other Company can say that?
"I bought Facebook at $38.10 because all you guys with FB accounts posting your brains out, updating your profiles, pasting photos etc are now working for me at $00.00 per hour."
>That is funny! You are a real raynovich. Now just think if you got in at a valuation of $40M. What a business model.
@Rod, I like your attitude. Ever since I bought KO & PEP, I enjoy seeing people drinking soft drinks, even I rarely drink them myself. After I bought McDonald Stock, I am pleased to see that people enjoy the junk food, even I know that Jim Cantalupo's sudden death may have something related to his diet. So far I still can not make my decision to buy Philip Morris (International or Not), I guess that is my bottom line, too guilty to invest such a sin company
Reading Facebook and Twitter on Friday, I found people's comments fascinating. Many, many times I came across my friends, some of who are very sophisticated investors, expressing a variation on the theme, "Facebook took OUR content and turned it into THEIR billions."
I think that feeling of being slightly...used...will disappear in time, but it does put the ball in Facebook's court to create something going forward that not only maximizes Facebook shareholder wealth in terms of data mining, advertising, etc. but continues to provide its users with a fulfilling value proposition.
I bought Facebook at $38.10 because all you guys with FB accounts posting your brains out, updating your profiles, pasting photos etc are now working for me at $00.00 per hour.
Did Yelp rejected Google's offer couple of years ago? I don't know if it will accept an Apple offer. Of course, at certain price, everything is on sale
All I know is that I use Yelp and Trip Advisor probably as much as any other apps on the Internet, and they are actually useful apps, rather than just time-wasting services.
@Scott: I totally agree with you on Yelp. Down 12% on Friday was overdone. Yelp is riding all of the hot consumer tech trends: local, social & mobile. I actually think Apple should acquire Yelp.
The blogs and comments posted on Investor Uprising do not reflect the views of Investor Uprising, PRNewswire, or its sponsors. Investor Uprising, PRNewswire, and its sponsors do not assume responsibility for any comments, claims, or opinions made by authors and bloggers. They are no substitute for your own research and should not be relied upon for trading or any other purpose.
|
 |
Latest Blogs
Telecom-equipment maker Ciena is a stock trader’s dream, as long as the timing is correct.
The FTC is offering a $50,000 cash prize to the person or group that can come up with a solution to those annoying robocalls.
Akamai is in the middle of four significant tech trends.
John Malone of Liberty Media will be taking over Sirius XM satellite radio when the existing CEO Mel Karmazin steps down. What's it mean?
Demand for students of the humanities exists, despite widespread aspersions on the discipline.
IU Education
Resources to help you become a better investor
Investor Uprising on Twitter
25 market-moving companies we're tracking
|
Tweet This