Post by ladybrettashley on May 18, 2012 10:04:30 GMT -5
I have some friends who are buying FB, but I personally am not. I find myself using FB less and less, and I see the same for other people....that does not sound like a winning stock to me. Just my two cents.
Post by dr.girlfriend on May 18, 2012 11:40:01 GMT -5
As the last week showed very clearly, internet users are very fickle. I would worry that Facebook today will be MySpace tomorrow. But, that's what I thought about Apple, way back when everyone seemed to have a P.C....
I personally haven't been able to figure anything out on FB since they switched to that timeline thing.
Post by karinothing on May 18, 2012 11:44:58 GMT -5
Someone on PCE posted about why you shouldn't buy it. It was interesting. But they basically dittoed what Dr. Girlfriend said about users being fickle. Plus, I guess a lot of their advertisers have been pulling out.
I think there is some money to be made in the short-term on FB. I think there will be some significant swings in the price over the next 60 days, but I don't think it is a good long-term investment.
We decided to go for it and bought 5 shares. We are definitely in it for the short term though. We'll sell when we see a little return, and maybe keep one just to have one. I seriously doubt it has any LT value, but it'll be interesting to see what happens with it.