Please do not fall for the SCAM by analysts & buy this JUNK before OE and EPS release. IMHO, they just wants to DUMP
and get over with it. All indications are EPS will be disastrous. So far Graph search is a Failure and so as Home. Insiders are dumping and young users of FB are leaving in droves. Pretty soon AD revenue will start declining and this analyst wants to dump their holdings of FB before U see HORRIBLE news that is coming.
That guy on CNBC is pretty confident in his predictions with $37 target. That is $10 up from here. We are talking some $35-40 BILLION increase in valuation. I wonder if he has counted the number of shares before he made that calculation.Those mobile ads better show some real boost in revenue if that is to happen.
Wow, who comes up with this #$%$, young kids are leaving FB!, Oh they took a survey of what 10 kids, ages 4-6. its like you still want to speak French when everyone is speaking English. Good luck with that. Its people like you who probably says kids won't use smartphones because its expensive. Well there parents buy smartphones and their armed with FB.
How many of the 1.06 BILLION people were surveyed? From my personal experience, my friends 20-40 yo's are using it more and more. We all go thru phases where we need to work harder, or travel or whatever and thus our FB monthly usage goes up and down. That should not be news to anyone after 10 yrs.
My thinking is that when teens are away from their friends in the summer that they'll use FB even more to keep in touch, see what everyone is doing. Now that FB has brilliantly and drastically improved their Messenger app with free SMS, VOIP calls and Chat Heads, I see FB being the goto communication tool even more.
I hear this "no one is using FB" every year for the last half a decade. Give it a rest guys.