With the advancement of mobile devices, Facebook is no long the "go-to hub" amongst the fan base that made it popular. I am waiting for Twitter or Instagram to announce an IPO.
My evaluation of current technical cloud implies a potential rally to the $29 range in the short term. Followed by a bearish trend 26 day out. If it holds true, FB will be in a head&shoulders pattern. Investigate an April Call @ 27 hold for a $1.00 uptick in stock price over 3 days. Cash out. Then sell the March Call @ 30, buy the April Put @ 27.
Thanks for enlightening me of the fact that "Instagram" is a component of FB. I have kids in college, high school, and grade school. Their sentiment... "Nobody uses FB anymore... its played out. FB is for old people." History tell us change is always effectuated by the young. Most trends are started by this consumer group (13 - 25). Remember Blackberry? Per the youth, that their grandparent's phone. Upended by IPhone. Now see what the young folk are doing to Apple. Apple is their parent's phone. They want something different. Trends tend to evolve with every generation when they reach the age of puberty.
time for me to chime in:
i have a rather large extended family. learned about facebook about six years ago, or so, as i found that my family was using it to stay in touch. worked out well--with family, then friends--until it became obnoxious, for various reasons. privacy; gossip; increasingly "small" and senseless talk. (not to be condescending, or anything.)
fast forward to 2013: i visit my sister (who manages software engineers), and my brother-in-law (a practice owning dentist), and their sons--16 and 18 (college bound) both say though they have FB accounts, FB "...HAS PLAYED OUT..." with their generation. i swear to God, and i am not bashing the company. it is what it is. and with the Need to make money, it's currently getting worse. i have surveyed a lot of people--strangers on the street.
my verdict: FB is vulnerable; has serious challenges to grow into its valuation. i may not go anywhere, but it may have a hard time maintaining its "cool." you know, my house still has yellow pages--but how often do i really use them?
actually its somewhat fair. Facebook's 'time on site' is down quite a bit which suggests people want to spend time on facebook but ALSO twitter, redditt and whatnot... Not to mention that the company's p/e is ridiculously overvalued.