How will this "Growth company" ever justify this astronomical PE ratio if they don't plan on increasing news feed ads. The vast majority of there income is derived via these adds. I understand increasing users and ad prices in addition to monetizing instagram and video ads will generate additional revenue. However, if they ever want to be considered in the same fashion as GOOG, aka a PE of 20 or so, the would need to boost earnings by 6 times. I do not seen this as feasible and that is why I sold my shares today. I don't see this market cap as justifiable under this current managements direction. I do like this company, but until Zuckerberg decides to care about shareholders, there is no way the growth of FB will keep up with wall street expectations.
Great idea - anything to stop this mindless sliding in price
I would love a partnership announcement prior to 9/21/13 options expiry. As I am sure many others who got pounded by phase III would.
I am long. I made the mistake of buying sept 21 call hoping for the pop after phase III results. I am hoping to make back those losses on owning the shares over the next year or so.
Today is a nice start, we should have some solid run ups over the next few weeks. First day I have seen in a while where the swings haven't been so violent. Shorts must be getting a little gun shy.
Wondering if I should just realize losses on my sept 21 options and then buy into the 2015 calls. I am still hoping the $7 strike can at least be in the money prior to expiration.
We will be back to this level by the end of the month. Dont be suprised to see 5% -6% gains daily to rally us back. Any other events by Mannkind aka press events or partnership talks could spur a 20% one day gain. Choo Choo all aboard, this train is leaving. Hop on.