I am an FB user but beyond checking status updates...i dont do much.
So, as an investor, what's in store for me? Personally, i dont believe in FB's viability unless it can monetize the 1billion users it now has by way of ads. Besides, its ipo valuation is way too high and there are signs its too speculative. A lot will be dumping their stocks the day after to take profits.
Goodluck to its investors then!
1 comment:
Besides the glitches, stocks of FB ended where it started...does this tell something bad? MOrgan Stanly, the underwriter was believed to have bought billion worth of FB stocks to keep it from falling below 38...tsk tsk
Post a Comment