Sorry, Facebook haters: It's not going anywhere

Actually thats what Skype is for. Facebook is good for games and to upload pictures. Thats why they bought Instagram. They know the power of pictures.

 

Skype has a lot more uses than just keeping in touch with your cousins in Melbourne.

 

No, that is what Skype and Facebook are for. As far as buying Instagram, be assured Mark won't be just buying whatever he feels like without telling anyone again.

 

My colleague at work fails all the time, because he refuses to have a FB, so he has no idea what is going on at work, between friends and such, he is allways outdated.
I consider a FB and an email client to be a necessity these days, if you want to keep in touch with friends and family, to get the latest news about your interests and such.

 

I consider Facebook a necessary evil assuming you can secure the account sufficiently without getting infected or compromised.
Some tips from ESET how. I share much security information with my colleagues there.

 

No, I'll never use FB. I don't get out of the loop with anything that is going on that is important to me.

 

I tend to see more people leaving it then staying, a lot of my social circles have simply gone to google chat and hangouts. That is the great and bad thing about social media, it serves a purpose, but the community is fickle and what is great one day is old news the next. Which is also why I feel it is a poor long term investment to buy into companies that focus on social media only for a business plan.

 

Morgan Stanley cut Facebook view pre-IPO

Article

Looks like another case of the retail investor holding the bag.

Update

 

It seems that FB was priced a few multiples higher than Apple or Google based on historic and forward P/E.

 

I take these analysts with a grain of salt. If he is a so-called expert, and he quotes the stock as going to $44 in a year, other analysts would also have this same information and the stock would already be priced at $44. If not, nobody is going to know what FB is going to be next week let alone a year.

 

Shares of Facebook Inc. tumbled again on Tuesday as it began its third full day of trading, prompting one analyst to call the stock a “falling knife” even as he maintained an upbeat view of the company.

Facebook’s FB -2.97% shares dropped about 5% to $32.50 in late-morning trade, after shedding 11% on Monday. The stock is now down about 14% from its IPO price of $38. Facebook debuted on Friday, closing with a 23 cent gain on its first day.
One analyst with a buy rating on the stock called Facebook “a textbook case of a broken IPO.”

“The institutional buyers don’t want to be left holding the stock as it slides, and individuals aren’t knowledgeable enough about the company to step in and catch a falling knife,” Wedbush analyst Michael Pachter said in emailed comments. MarketWatch.com link

From the same site, also this upbeat article; 'How Facebook could destroy the U.S. economy' link

 

And the analyst should be knowing this: "There are 1.7 billion shares of Facebook currently sitting on the sidelines. The biggest chunk of those shares, 1.2 billion of them, will be released from their lock-up provisions in 177 days. That’s in November and is a pretty standard lock-up period for an IPO. The first slab of 271 million insider and principal shareholders stock will be available for sale in 86 days, an unusually short lock-up period."
http://www.forbes.com/sites/nathanv...book-insiders-an-excruciating-wait-has-begun/

 

Looks like the scams have started already.

Fake Facebook pull-down tricks social climbers into swallowing vile load

~ The Register

 

Personally i find FB kinda interesting and its quite handy sometimes.

 

http://www.pcmag.com/article2/0,2817,2404771,00.asp

"Massachusetts regulators on Tuesday issued a subpoena to Morgan Stanley, the lead underwriter for Facebook's initial public offering, in an effort to get answers about reports that some investors and not others were informed of earnings revisions for the company ahead of the IPO. "

A bit more detail here: http://www.reuters.com/article/2012/05/23/us-usa-markets-facebook-idUSBRE84L0PE20120523

Original source for PCMag article:http://www.reuters.com/article/2012/05/22/us-facebook-galvin-idUSBRE84L1BS20120522

 

If the bit about selective dissemination of information is true, there will be consequences. Peanuts for the biggies of Wall Street but I wonder how the small investors will be compensated.

 

I deleted my Facebook account and haven't missed it one bit. I have noticed, that since I deleted my account, I'm more productive.

No Facebook for 2 years

 

This sort of thing isn't rare, but Facebook was an insanely major deal, so "funny stuff" will be much harder to get away with.

 

I do not like facebook. It contains a lot of ads and spam.
malicous links are also spread by facebook chat.

 

You can say that for a good portion of the web though. Social media malware is just the hot thing because social media is the hot thing. It's also where mountains of data is to be had, and where data is, there is profit to be made.

 

http://www.technologyreview.com/web/40437/?p1=A3

 

That kind of doom is usually relegated to GodlikeProductions, along with such subjects such as Comet Elenin.

 

With so much talk about suckers, there's this:

http://www.theweek.co.uk/technology...eve-wozniak-will-buy-facebook-stock-any-price

 

Coming back to the article cited in the OP:

No doubt, the author by now has understood who was offering stock to the public and why.

 

10 hazards of buying individual stocks

Individual Retail Investors tend to lose when investing in individual stocks.