Joe the Plumber, to buy 10 shares and suggest to Zuck to install a pipe dream in every single investor's brain, so they can think that $90Bn market cap is just the beginning.
It's so unfair, the market cap should reach $1 trillion before there is a correction on the stock, after all, with barely $6Bn in annual revenue it makes so much sense to keep going up non stop.
When you see FB market cap going up by $16Bn (2bn shares x 8$) with an increase of revenue of $700M yoy (from $1.1Bn to $1.8Bn)
When you see AMZN with earnings of a lemonade stand quarter after quarter,
Then you know that you are in a very familiar territory as for investors behavior: Irrational exuberance.
To be able to go higher non stop for two years, with the most dismal earnings in the tech world during the same period of time is simply fascinating.
Bezos should be named president of USA, because he would be able to convince, without open his mouth once, that the country will get rid of all its debt in few weeks.
To be able to convince fund managers to fork a big premium on a company that has shown paltry earnings for 5 quarters in a row, you have to be an amazing wizard, and have really stupid fund managers.
So many chinese red flags for years, not weeks or months! Still, the idiots kept their shares and even increased the amount of them! Unbelievable.
Now keep thinking you will have an annual meeting in September and an offer to buy your worthless shares!
One hundred shareholders with IQ of 0.0005 won't help you to get your money back from a chinese fraudster, idiot!
Bundle got it rigth about FUQI the Fraud years ago!
Nofence got it right about FUQI the Fraud years ago!
When it walks like a fraud, talks like a fraud and attracts idiots like a fraud, it's because it's a big chinese fraud!
jaguard the idiot!
fallingknife the idiot!
brassard the idiot!
msail the idiot!
gweb the idiot!
so many of them! LOL,LOL,LOL!
At least $175M that he put in his pocket after the IPO and the Secondary offering! Very smart #$%$!
The best US loophole of all! Don't provide any financials and you fall into oblivion in US and keep the millions!
Perfect for idiots like jaguard! The king of the idiots with brassard and anthropis!
Bue Bye Idiots!
Out of the Nasdaq, Out of the Pink, what is left is NOTHING!
KEEP WAITING for your brown bag to become a Prada bag! LOL,LOL,LOL!
BUNCH of IDIOTS! REAL BIG IDIOTS!
Yep, at $1111/sh and with 940M shares, that was a whopping $1 trillion market cap target for selling electronic gadgets. Where is that analyst-clown to pump Apple bull investors nowadays?
With 2.4Bn shares, FB needs to make $2Bn in net profit just to show a p/e of more than 28 ($2Bn divided by 2.4Bn = .83 and $23.50 divided by .83 = p/e of around 28).
The highest profit they have shown in last 4 quarters was barely $217M. They need 10 times this number and still will show a high p/e of 28.
Founders and seed investors got so greedy before going public that they crippled the stock for years to come.
Not one public company so far has shown such a greedy bunch of insiders.
It's a big TV screen on which there will be a big clock to give you time, and you will carry the TV the same way you do with your luggage at the airport, with wheels. Great stuff coming from Apple keeps saying Cook, that means big expectations. Better not disappoint your fans.
Apple will produce a 55 in wide TV that you will wear on your wrist. Remember the big radio that some youngsters were carrying on their shoulder two decades ago? Go for it Cook, you're the man...
It took one full year to get that increase of $14m in profit? WoW! Impressive...
And they have 1Billion users to get that? WoW! Impressive...
FB should become partner with Amazon, they both look so ridiculous with their little earnings quarter after quarter, at least by adding both together they will look a little higher.
"Glu Mobile Inc. (GLUU), a leading global developer and publisher of freemium games for smartphone and tablet devices"
When you pretend to be a leader in your field and you show a ridiculous amount of $19M in revenue, it's because your field is as big as a ant hill.