Bloomberg headline: "Facebook stock up slightly in public debut." Oh, yes, indeedy. The operative word would be "slightly" there, as it opened priced at $38.00 and closed at $38.25. That would be an increase of six tenths of one percent. Woohoo!
Facebook will fall out of favor at some point anyway. I can't imagine why anyone would want to overpay for shares that will drop like a stone before the end of the summer (my opinion). A fool and his money are soon parted.
as advertizers increase thier presence on Facebook, it may well fall out of favor - or Facebook will create a pay-to-play where subscribers pay directly to opt out of advertisements. Either way - I'm not buying it.
Facebook will fall out of favor at some point anyway. I can't imagine why anyone would want to overpay for shares that will drop like a stone before the end of the summer (my opinion). A fool and his money are soon parted.
ReplyDeleteas advertizers increase thier presence on Facebook, it may well fall out of favor - or Facebook will create a pay-to-play where subscribers pay directly to opt out of advertisements. Either way - I'm not buying it.
ReplyDelete