Facebook stock

[Ticker]

I am very bullish on FB. Keep in mind that they are an international player, delving in virtual reality, AI, satellite connectivity to the internet for foreign third world countries, and one of the most privacy invasive players on the net. I recently bought when I noticed the ads were multiplying like never before, figured they'd be reporting revenues in line with that increase. Their algorithms seem to connect all of the stray wires.

While the US may grow tired of them, they have lots of other places to grow, and hence, lots of more revenue to generate.

[RobbieB]

I own facebook because my FA thinks I should and he bought it.

I hate facebook, am not a member and never will be.

I made a lot of dough owning facebook -

[KMyer]

Quote:

Originally Posted by Lucantes Currently at +261%....now if I would have just had 20/20 hindsight and invested everything I had back in 2012 well.....

I agree. I'm at +469% since I bought the stock in 2012. I keep wondering how long the good times can last in such an unpredictable industry. I will probably soon donate some of my shares to charity to at least "recoup" my original investment. I wish I would have bought more shares.

[tmm99]

Quote:

Originally Posted by B0bL0blaw I bought 40 shares at $27.38 back in 2012. I sold 20 shares when it hit $100/share, and I'm gonna hold on to the other 20 to see what happens.

I bought at $32.35 back in the day with my casino money so only 20 shares... I only joined FB last year... I will definitely sell them before the price dips below $32.35, but I think I will leave them there a while longer...

[triangle]

Just based on CNBC and SeekingAlpha there appear to be a fair number of facebook bulls. Maybe enough to keep the stock rising for the near term. Bulls who view Mark Zuckerberg as a genius almost on par with Steve Jobs. FB advertising revenue and profit growth rates do merit the stocks current valuation if one sees that continuing, but I am a bit skeptical of the long term growth in advertising revenue. I believe that FB has been overpaying for its acquisitions and that while they have been very good in scaling up and out with their platform they also benefited from stodgy competitors like MySpace. The network effect of FB is enormous and key to their valuation and keeping out potential new comers. But how many people, especially older people with a family and career want to share so much of themselves that FB can continue to monetize them for profit? This story sums what I don't like about them: Facebook recommended that this psychiatrist’s patients friend each other

They have been doing interesting things in other countries, for instance partnering with service providers in the Philippines to provide free data for smartphones to access FB, only while other data usage required payment from the consumer. Talk about competitive lock-in advantage. They offered the same thing in India but were blocked due to anti-competitive concerns from the government.