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Thread: Facebook at half price, but still not a bargain

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    Default Facebook at half price, but still not a bargain

    Facebook at half price

    Facebook shares have lost nearly half their value since a highly-touted public offering in May

  2. #2
    King of de Jungle Garyvdh's Avatar
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    Ho Hum, some of us were saying a few years ago already that it was way over valued. Back to reality for them now.

  3. #3
    Super Grandmaster abzo's Avatar
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    "Facebook 50% off sale, all stock must go".

    Has anyone here bought any?

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    Super Grandmaster SinghDude's Avatar
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    Facebook needs a new face.book has come to an end.

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    Super Grandmaster McT's Avatar
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    Quote Originally Posted by abzo View Post
    "Facebook 50% off sale, all stock must go".

    Has anyone here bought any?
    Nope. Might consider it when it gets to 5% of value.

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    Grandmaster
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    It might not make money but they still have one of the most active user base....
    people login a few times a day. every day.

    I'll buy when it hits 5$

  7. #7

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    Quote Originally Posted by drukkie View Post
    .... they still have one of the most active user base(s)....
    people login a few times a day. every day.

    And some seldom, if ever logon :

    83 million Facebook accounts are fakes and dupes
    http://articles.cnn.com/2012-08-02/t...book-estimates

    If you're using a fake name on your Facebook account, maintaining a personal profile for your beloved pet or have a second profile you use just for logging in to other sites, you have one of the 83.09 million fake accounts Facebook wants to disable
    I'm one of the 83-million, I guess.
    Wanted at one stage to see what all the hype was about - certainly didn't use my real name etc.

  8. #8

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    I'm starting to get irritated by the 9gag shares, ecards and other crap that people are sending ...

    I'm using it less and less
    Jägermeiʃter can fix that!

    http://www.flickr.com/photos/dolby2000/

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    Super Grandmaster cbrunsdonza's Avatar
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    A year ago Lars (Cell C) told us during the 4G launch how Facebook would be the most overvalued share where it would take an investor 100yrs to get their investment back from dividends. See Facebook shares fall is no suprise.
    Overflow error in /dev/null

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    Super Grandmaster cerebus's Avatar
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    I don't know, FaceBook still rules social media.. and they have a clientbase that any other company would be envious of. If they can figure out a way to generate money from them in advertising or somehow, that price will seem insanely low. It's iffy that they will but I'm not so cynical about them, particularly not at such a low price.
    You were watching until a stone was cut out without hands

  11. #11

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    What we should have done when it was $38 a share was bought CFD's ... or rather "sold" CFD's and then bought them back now ... could make R100k's with just R10k :P ... now it's more risky, because although unlikely, it could go either way.
    Will be a CA by year end ... Anyone with any business opportunities

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    Super Grandmaster cerebus's Avatar
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    Techcrunch article

    There is a bigger picture here. FaceBook is going nowhere anytime soon. Nobody is dethroning them; Google+ is a laggard. They are at the point of being physically baked into mobile OS's. The amount of buy-in they have, and the retention time per user per day is astonishing. They're the stickiest web portal on earth.
    You were watching until a stone was cut out without hands

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    Super Grandmaster ToxicBunny's Avatar
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    Quote Originally Posted by cerebus View Post
    Techcrunch article

    There is a bigger picture here. FaceBook is going nowhere anytime soon. Nobody is dethroning them; Google+ is a laggard. They are at the point of being physically baked into mobile OS's. The amount of buy-in they have, and the retention time per user per day is astonishing. They're the stickiest web portal on earth.
    Facebook are not going anywhere anytime soon, thats for sure...

    but even at 50% of the IPO Price, they're massively overvalued.

  14. #14
    Super Grandmaster cerebus's Avatar
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    Quote Originally Posted by B.O.F.H. View Post
    Facebook are not going anywhere anytime soon, thats for sure...

    but even at 50% of the IPO Price, they're massively overvalued.
    Google was also just a popular search engine until they figured out Adspace. Advertisers and 3rd party companies WANT to be part of Facebook. Facebook must figure out how to monetize them. There is undoubtedly a challenge there but it's not insurmountable.
    You were watching until a stone was cut out without hands

  15. #15

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    I reckon the Facebook guys will figure out a way. Don't reckon the stock will fall below USD10 before they do - they basically just need a method of monetising mobile and they're golden. Of course the IPO was overpriced, but I wouldn't wait much longer than USD15/share before trying to buy in. And from that point, it's going to be look out Apple as most valuable tech stock in the market, because FB has the potential to blow that seemingly unbeatable share out of the water once all the ducks are in the right row.

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