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re: Facebook now under $20.

Posted on 8/2/12 at 12:48 pm to
Posted by bsramzy
Member since Jan 2012
323 posts
Posted on 8/2/12 at 12:48 pm to
I was looking at this as a potential buy...but I dont think it has hit rock bottom yet
Posted by GumboPot
Member since Mar 2009
119031 posts
Posted on 8/2/12 at 12:53 pm to
quote:

I was looking at this as a potential buy...but I dont think it has hit rock bottom yet


I read one analyst report that $10 is the entry point. IDK.

I'm personally concerned with throwing money at a business where barriers to entry are so low and the customers (mostly young people) are so fickle. I mean, google, bing, etc. can have the next best thing and FB will be a thing of the past. Tough call.

Posted by OnTheBrink
TN
Member since Mar 2012
5418 posts
Posted on 8/2/12 at 12:55 pm to
quote:

but I dont think it has hit rock bottom yet


I agree.

I was reading someone who felt it would bounce around 18, with 15 being the next stop.
Posted by WNCTiger
Member since Aug 2006
2883 posts
Posted on 8/2/12 at 1:23 pm to
What do they produce again? What essential service do they provide?

Fake ad hits?

LINK

Big fat fricking ZERO.

Go all in and get Zucked!

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