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re: Sign in here if you bought shares of FB

Posted on 5/21/12 at 3:13 pm to
Posted by lsu6294
A house
Member since Jan 2009
4548 posts
Posted on 5/21/12 at 3:13 pm to
quote:

offering cheaper versions of netflix


$8.99/month for streaming is pretty cheap, and NFLX is having a tough enough time keeping it there.

Also, studios and networks are pulling back from products like Hulu/netflix/amazon.

In my very amateur POV, something completely unforeseen would have to occur for FB to break 40 in the next 12 months.
Posted by cbtullis
Atlanta
Member since Apr 2004
6318 posts
Posted on 5/21/12 at 3:44 pm to
I still can't believe anyone would buy that stock at that valuation.
If you want high risk of throwing money down the tube just because you like the company then by all means go right ahead
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