Underwriters can spend however much they want. This POS ticker will continue to go down down down to the low single digit until bankruptcy over the next year.
DOES ANYONE ON THIS FORUM LIKE CLICKING ON ADS? THERE IS A PROGRESSIVE AD ON THE RIGHT OF MY YAHOO MESSAGE PAGE RIGHT NOW. HOW MANY TIMES HAVE I CLICKED ON A YAHOO AD IN THE LAST 1 YEAR??? HOW MANY TIMES HAVE YOU?
ZERO, NADA, ZILCH, SQUAT, 000000!
But suddenly investors expect people to love clicking on ads when they do not do it themselves? FB is expecting each of its users to click on its ads many 100s of times to show a 104 BILLION worth (what a scam) . Hah , so much for a business model.
Our nearest comparison, Google, had over 50 products other than search from which they make money. People can check it out for themselves by going to their site, clicking on About Google , and then looking at their products. Companies use those products a lot and pay Google for it. Their Search and ads is only a portion of their total revenue. And yet we have clicked on Google ads so many times before because we go to Google to search for a certain product (without logging in). Why would a bald person for instance log into FB to run a search and know they just tracked his search for his friends and advertisement companies to spam him with bald products? And no I am not bald, and I do not care if I was, but this is an example for you to think over.