In spite of all those up grades, FB is heading south-why? all those up grades are bunch of lies and BS. Zucker has no ideas.
FB is not even worth $10. Chief web designer at FB left last week. GM pulled out all the ADs from FB in Nov. ZNGA cut relations with FB in NOV. 1.5 Million users left FB in Dec-All that point to LOWER REVENUE suckers. SELL NOW orU will be selling at 15 soon. 2013 does not look good for FB.
lol ..... one can only conclude that at this point these are paid or biased shorts, using the same logic that Romney's handlers used in convincing him that he would win going away.
FB has a short but reasonable earnings track record now, all major analysts have raised targets to about $35,, and beyond the hype and the bashing, so far FB has met all revenue expectations. Betting against the most trafficked web site in history seems a bit silly when the COO of FB helped build GOOG ad base and system.
FB's major analogous stock is LNKD which is trading at 700x earnings and has far fewer users. With new social and business search capabilities, FB now will surpass Yelp and LNKD. Selling now makes little sense, and shorting and bashing to keep price down is fruitless if earnings beat.