Don't know if yahoo will post it up, but go watch the cnbc video again before selling your stock because "goog disappointed on mobile."
The gist of it is that FB had zero mobile ads 6 months ago, and now they have 4 major initiatives that have them much farther along than is understood.
Separately, have you seen the new ads where app writers will build free websites for businesses to trial for 30 days? Then, when things are working well, those businesses can sign up for updates and maintenance for an annual fee. Those app writers aren;t doing this for nothing friends... and Faceplant (fun to write that) may soon prove to all that they are indeed WAY ahead of where people think they are.
Meantime, the analyst estimates for the Q are premised on no progress on mobile... they will blow the street away next week.... as Zuck told his employees and the world a couple weeks ago, "time to double down" already... the stock was at $23 when he said that.
My favorite line was that mobile is growing much faster than desktop, and we will soon be generating much more revenue from mobile than we are on desktop..."mobile is much more like TV" he adds...the ads will have to be much more integrated, new products are coming fast, and... GRIP THIS, he said,
"THE NEW MOBILE ADS ARE ALREADY MUCH MORE EFFECTIVE THAN THE DESKTOP ADS."
any gains you may see in mobile will not be in in this quarter's report
they only recently had the mobile initiatives - they were still testing into October
if they don't give guidance it will be a trust us forward look
with the unlocking looming this could crater another 2 bucks down
unfortunately for this quarter report next Tuesday, revenue growth will most likely show decline and expenses up
if they do what they last time and not provide a forward look it could be ugly part 2
He said 1 month ago that 6 months ago they had zero mobile and that now (i.e., early September) it is taking off.
My first post makes the point that the street is expecting nothing in current estimates, and it may be not much for the Sep Q... but they are coming, and coming big.
FB is no longer just little high school girls talking about lip[stick and boyfriends and bands... it is suddenly about the 35-80 year old set sharing photos of family and fishing trips and concert clips and golf clu#$%$ they like and car shows... you know, the kinds of things people with a checkbook are talking about.
Look, in my personal account I've been mostly short here and played a couple of the run ups long... but down here I'm writing puts and taking a small position into the q call. Shame to see so many retail investors getting hurt in this goog debacle. It's all #$%$ and will be over in another day or two at the most as pm need to be long the market into the coming surge to much higher by year end.
The only thing proved today that Farcebook's percentage decline in share price from the previous day CAN AT TIMES BE SMALLER THAN THE MARKET TAKEN AS A WHOLE!!!
Small consulation for those of us who have experienced 30% or more decline in their investment in this 21st century version of snake oil!!!
Quickly, why is Ms Zuck unhappy, and implying that she wants to cash out ??
Are the attorney's circling and ready to activate the billable hour timeclock? As Crystal Gayle said in a song about the clock, well it ticks and it ticks and it ticks with the SOUND OF GOODBYE.
Folks, its time to pay the piper and close your position. FACEBOOK REMAINS FAR WORSE THAN A STRONG SELL!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Sentiment: Strong Sell