Discussion in 'Business & Economics' started by Syzygys, May 21, 2012.

1. ### SyzygysAs a mother, I am telling youValued Senior Member

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Merging the 2 threads wasn't very smart decision. One is about a particular business practice (possible cheating) the other is a blog...

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9. ### SyzygysAs a mother, I am telling youValued Senior Member

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More people from the Zuckerberg family work for Google than for FB... Just a slightly irrelevant info, although ironic...

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Accurate.

16. ### joepistoleDeacon BluesValued Senior Member

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At some point the numbers have to work, and I as I have written before, I don’t see the numbers working for Facebook until the stock price hits $9-$10 per share – caeteris paribus. I think anyone who goes long on this stock above $9-$10 per share is looking to be the greater fool.

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19. ### Michael歌舞伎Valued Senior Member

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Facebook looks to be back up on top of things.

20. ### SyzygysAs a mother, I am telling youValued Senior Member

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FB actually makes money and a lot of it. because of that, a bounce was in the cards. The strange thing was that the bounce started when a bunch of restricted stocks became available. FB is here to stay, the question is, in what range it will linger....

Even GRPN bounced 30% in a week or so when a big fund announced that they own 10% of the stock....

21. ### youreyesamorphous oceanValued Senior Member

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Quoting myself back than when Facebook shares looked bleak...

Dated quote on 07-31-12. Beginning of August of 2012.

a 41.7% stock increase! Has anyone listened? doubt it...

22. ### SyzygysAs a mother, I am telling youValued Senior Member

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On 7/31 FB was at $22, so although not a bad call, buying it below$20 was a much better deal...

The bottom line is: nothing goes down in a straight line, there will be dead cat bounces along the way. Again, FB unlike GRPN is making money, so although it might be overpriced, but there are fundamentals behind the price.