Wed, Jul 23, 2014, 3:19 AM EDT - U.S. Markets open in 6 hrs 11 mins

Recent

% | $
Click the to save as a favorite.

Facebook, Inc. (FB) Message Board

  • gf995 gf995 Nov 16, 2012 9:29 AM Flag

    I called a bottom at $18

    a few months ago as the psychological floor.

    Now it seems that might be true. Zuck will probably not let this stock drop below $18 ever again withough a split. The potential is just too overwhelming.

    Sure they used up all their initial goodwill by overpricing the IPO, but there was overwhelming demand, so they should be given some small benefit of the doubt.

    Zuck doesn't want to be seen as an ineffective CEO, and Sandberg wants to have the option of a political career down the road. Neither or those things happen unless the stock price gets to $100 in the next 2 years.

    FB is just starting to monetize, and its only real competitor is LNKD. No one else can ramp up or get the scale for at least 3 years. By then, FB will probably have gotten to $75 a share.

    FB is now moving on mobile, doing better w/ ads, taking on gifts, jobs, payments ..... if they get into search next year, who doubts the stock will get to $50 in less than 6 months?

    Sentiment: Buy

 
FB
69.27-0.13(-0.19%)Jul 22 4:00 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.