Agreed. They can get away with huge margins, because they have established themselves as a niche provider of the latest fashions. It's no longer just the kids shopping there either. Last few times I've been in to buy jeans, (We're 37) the wife and I have dropped $500 in an evening, and noticed that most of the other people shopping in there were 30-somethings with plenty of money to toss around.
Now their PE is 700, and you would have lost almost all of your money.
Doubling your short tomorrow? Who are you kidding? We know you're already all-in, and waiting for a margin call to blow you out of this stock.... ROFL...
Not only that -- but I've noticed that hyping this stock down has become a computerized thing. 80% of the posts here are bogus, generated by some computer somewhere. Either that, or you've outsourced your posts to guys in India to sit here all day and run the stock down.
Good luck with that folks, I'll be happy to buy more if we get to $20.
All I see are negative posts, and negative people on the news, etc... You guys are talking about this stock like it's not a real company with a billion dollars in profit this year, repeating a lot of lies and mistruths. Facebook is not Znga, Groupon, and it definitely isn't LinkedIn (700 pe, WTF!?)...
You can either go with the rest of the herd and short this stock, or become a wolf and wait for the short slaughter that is about to happen when the covering frenzy begins. You are literally standing in front of a freight train barrelling down on you, if you have this stock shorted right now.
Stupid, stupid, stupid, stupid....
They cancelled the buy I made at $42, and honored the cancellation I had, so it put me into the stock at $32. Much better. I think this happened to a lot of folks, which is going to bring the stock price down a little today -- creating a huge buying opportunity to get in a little cheaper for everybody else.
Thanks for the sanity check, and for the people playing devil's advocate. If not for the NASDAQ screw up, and the market being scared -- We would already be at $100 right now....
As for why I'm invested in FB, I'd like to buy something that I know will either make me a million or not within the next decade.
If I was going to own GOOG or INTC for the dividends, I would have to already be rich -- and that hasn't happened yet, so I've got to take risk.
Just on the ads alone, Facebook can make billions. The online marketing revenue game is very simple, it's X$ for X number of impressions. They have more impressions than any other company, and more time spent on their web site than any other company.
They can also sell their user data to advertising companies to allow them to know what type of people like what kinds of products, etc. That is a billion dollar business right there that is virtually untapped.
They are already hugely profitable without even trying... Imagine what happens when they put their foot on the gas?
Because GOOG can't grow anymore. They're maxed out their super-growth period, and they're going to be a value/dividend play from here on in.
Facebook is going to double profits every year for the forseeable future.
Yeh, because LNKD is going nowhere fast. People spend almost no time on that web site, and only log in maybe once a week. It's clunky, and not user friendly. People log into FB 10-20 times daily, and spend 8+ hours on the site per month. Facebook hadn't even started putting ads on the newsfeed until maybe a month ago, so they just added billions of impressions daily with minimal effort.
LNKD has a PE of 700 right now, what's your point? FB has the growth capability to cut that PE in half by it's 1st year, and in half again by it's second...
I don't get it, am I missing something here? Also, people spend 10X more time on FB, and 10X more time on FB than they do on Google, so the ad revenue has got to spike as they begin to ramp up their newsfeed ads, etc. They're already going to make a billion dollar profit this year, while LNKD isn't making jack!?
I don't get it at all.... I keep hearing people talk about LNKD like it's more legit than FB, but people spend 10X the time on Facebook, and 10X more time on Facebook than they do even Google. What am I missing here!?
How come every "little guy" I know who put in an order got executed at $42, even though the stock was trading below $38 by the time the buy happened!?!?!
The pre-ipo stock holders are going to get their $10-20 pop so they can unload. You'll see, there will be some catalyst to drive this thing to $50 at least in the short term.
Picked up some new jeans -- It took 30 minutes to check out because so many people were in line. Store was packed. It wasn't like this 6 months ago when I dropped in. People seem to be shopping again, and this brand is as powerful as ever. After estimates were lowered after last quarter's miss, I would not be surprised at all to see a solid beat next time around.
Best of luck to you all ;)
So get ready to watch it take off like a rocket! LOL - It will probably be aquired by Facebook now and shoot to $15. Damned if you do, damned if you don't. Arghhhhhh