FB =ENORMOUS Potential -Reports Earnings this Month!:
Facebook is at an early stage. Its ability to turn traffic into revenue is set to increase. With 41% of its advertising revenue coming from mobile, the social network is expected to grow enormously in the next decade, due to its mobile business and huge user base. The company may have not figured out monetization yet. However, its exposure to the mobile space and ability to offer customized ads has significant potential.
Agreed! look at TSLA 300%+ up this year. FB Q3 earning will may push pps to $100. From an article posted yesterday, apps down loaded for iOS is almost double for Q3 vs. Q2 plus a detailed plan for monetizing Instagram for decent Q4 outlook. FB will fly.
FB is still an infant or early stage in monetizing all of their ads business. A lot room for pps to go up from here. Nobody really know how fast FB is growing but I believe FB can reach $100 by Xmas. it is possible. just look at TSLA and LNKD trends and see how prices gap up after each earning outlook.
We are sitting on a bullet train, not just a regular.