This has everything you could wish for and the biggest is all the other social stocks have done great over time. Not to many companies that have done poorly over time. Atleast none with this kind of base user. Buy it in one year you will be so F N Happy you wont be able to stand it.
Agree. Not really getting all the hate, but it's clear there is some basic antipathy towards the stock, Zuck, Sandberg, and the whole FB entity. Perhaps it's jealousy or just the schaudenfraude.
FB is the #1 most visited web site in history. GOOG makes money by selling ads. As long as FB is visited by more people on desk tops, lap tops and mobile than anyone else, who doubts they can continue to ramp up advertising.
FB stock has moved up nicely from $18 to $31, met all expectations, and rebounded despite PR missteps, and the fact the CEO has given clear guidance that he will not sacrifice long term investments for short term investors. All things considered, if you bought FB after July 2012, or at a cost basis of $35 of less, you should be pretty satisfied.
If FB were stuck at $24 at this point I would say it's a disappointment. Since it's holding above $31, it's moving along nicely. In May we could see IPO price. Not bad for the most hated, overhyped, but clearly overbashed stock in history.