Thread: Facebook
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Old 04-10-2015, 02:53 PM   #39
over the mountain
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Join Date: Mar 2007
Location: close to the edge
Posts: 4,926
Re: Facebook

i dont know why i am even venturing into the school yard but .....

I agree with skinsguy on the one point he has - facebook needs to keep buying out other start ups and apps to stay profitable. facebook by itself will continue to have new similar digital media platforms/apps that will become the flavor du jour.

facebook shares were plateaued at 40 +/- for a long time until 2013 when they created buzz by buying out Israel's popular social app Onazo (something like that). Since then shares jumped to 80 and have again plateaued.

unless facebook keeps buying up start ups to stay relevant, facebook by itself is obsolete. Its not like google, where google has no competition. yahoo tries to challenge in the market by buying einvite but no one can compete with google's search machine or buying power.

im going to sell half my facebook if it slips or they dont generate more buy out buzz. ive already doubled my money, may be time to hop off before the train slows down too much.

facebook, by itself, is dead and there is no way they can keep buying start ups to control the industry.



...... troll on
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