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Old 22 May 2012, 07:58 AM
  #61  
JackClark
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Originally Posted by stevebt
Well facebook's value must be dropping quite quickly I would of hated to of bought in on the first day
Me too, Doh!
Old 22 May 2012, 10:00 AM
  #62  
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i heard that General Motors have already pulled all advertsing from FB


Advertising on the internet is a funny old game, I always find it ironic that click thru sites and aggregators, who's message to their customers (the ultimate service or product supplier) is the power of the internet, resort to advertising themselves on good old fashioned TV or Radio or Billboards

Last edited by hodgy0_2; 22 May 2012 at 10:01 AM.
Old 22 May 2012, 10:18 AM
  #63  
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Originally Posted by unfeasablylargegonads
wouldn't touch it with a barge pole - well maybe to short it
Funny you should say that ... delighted it's gone down and yes it will get worse.

All figures quoting growth miss the fact that the main growth comes from new regions/ groups joining. The original users are maturing and already beginning to migrate away, but their exits are hidden by new sign ups. Once growth flattens off completely , which it will, then their model is based on getting 10X the current revenues from a plateaued user base - cue lots of ads, etc, cue lots of people leaving saying " they've sold out, man"

Well timed from the man himself - already peaked in my view
Old 22 May 2012, 12:00 PM
  #64  
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Originally Posted by JackClark
Facebook is no different to Google according to your description.
I assume you mean Google from 5 or 10 years ago. The difference back then with Adwords, for example, was that people using Google were and are actively searching for something, thus ads based on the searched keywords are extremely relevant for them, people on Facebook aren't looking to buy anything, it is a passive service.

Facebook's valuation wasn't based on their current revenue. It was based on potential revenue, but if they ever properly use the information they have data-mined from the users, then that will just wreck the public's relationship with the company.

It is already the next Myspace imo, like anyone with an internet connection, i had an account and couldn't believe how much spam and advertising i was getting and that was well over a year ago, it can only get worse.

The next big thing in mass social networking, Social http://www.so.cl

For everyone else, watch FB bomb in real time
Old 22 May 2012, 12:12 PM
  #65  
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Originally Posted by Dedrater
I assume you mean Google from 5 or 10 years ago. The difference back then with Adwords, for example, was that people using Google were and are actively searching for something, thus ads based on the searched keywords are extremely relevant for them, people on
Facebook aren't looking to buy anything, it is a passive service.

The next big thing in mass social networking, Social http://www.so.cl
Not at all true. I have various business pages on Facebook and all of them out perform their associated websites for interaction and reach. That's significant. Lets look at a user that has an interest in Body Jewellery, they come to my page and find relevant information, comments/likes on that information are relayed to their friends, at the same time relavent advertising is served. Why is that any less of a service than Google provide.

Love your Next Big Thing... Sign in with Facebook LOL
Old 22 May 2012, 01:02 PM
  #66  
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Old 22 May 2012, 02:53 PM
  #67  
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http://www.youtube.com/watch?v=i18nSZBgOfs
Old 22 May 2012, 04:55 PM
  #68  
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It appears Zuckerberg sold 30 million shares at the IPO, so at $38 each that would have given him $1.14bn. He doesn't really need to worry about money anymore, even if the shares go to zero which is unlikely.

Last edited by Butkus; 22 May 2012 at 05:07 PM.
Old 22 May 2012, 05:29 PM
  #69  
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Interesting that Zuckerberg is already offloading his shares.

To me that rings alarm bells.

But what do I know!?
Old 22 May 2012, 05:36 PM
  #70  
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Of course he sold some shares, who wouldn't. If he'd sold all of his shares that might be a story worth posting.
Old 22 May 2012, 05:49 PM
  #71  
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I would have done the same I think. You never know what might happen, so if it went belly up at least you'd walk away with 'never have to work again' money.

He has over 500 million shares, so selling 30m of them isn't a big thing.
Old 22 May 2012, 05:54 PM
  #72  
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Even without selling he never has to work again.
Old 22 May 2012, 06:13 PM
  #73  
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People search Google when they want to buy something. You don't think to yourself "I need to buy x. I'll search facebook".

Facebook may have a large reach, but if they are purely fans and not buyers parting with cash, those fans are worthless.
Old 22 May 2012, 06:38 PM
  #74  
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Worthless, they made a billion last year without trying. Silly comment.
Old 22 May 2012, 06:46 PM
  #75  
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Originally Posted by JackClark
Of course he sold some shares, who wouldn't. If he'd sold all of his shares that might be a story worth posting.
If I was him and thought Facebooks value would rise I would hold.
Old 22 May 2012, 06:52 PM
  #76  
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Originally Posted by tony de wonderful
If I was him and thought Facebooks value would rise I would hold.
He sold 30 out of 500 million. I'd definitely call that holding.
Old 22 May 2012, 07:34 PM
  #77  
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Yep, he is still the major shareholder and still has a controlling interest in FB. He sold a small proportion of his shares but doesn't mean he has bailed out, he is still in control and FB is still generating revenue and more importantly, profit. Still overvalued, I reckon it will dip and finish this week in to the high twenties. If you have shares, I'd hold, you haven't lost anything unless you sell now.
Old 22 May 2012, 08:08 PM
  #78  
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He's not going to dump it all in one go is he!

Why is he selling, he doesn't need the money?
Old 22 May 2012, 08:22 PM
  #79  
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Originally Posted by JackClark
Worthless, they made a billion last year without trying. Silly comment.
You made a billion? I made a billion? Nope. Facebook may have made a billion, but I very much doubt that you did by advertising on Facebook. Silly comment.
Old 22 May 2012, 09:04 PM
  #80  
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Originally Posted by tony de wonderful
He's not going to dump it all in one go is he!

Why is he selling, he doesn't need the money?
He had a wedding to pay for.
Old 22 May 2012, 09:25 PM
  #81  
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http://www.google.co.uk/finance?client=ob&q=NASDAQ:FB#

Down another 10% today, why anybody would think this is a good investment at $30+ I've no idea, this'll be $10 shortly.
Old 23 May 2012, 11:34 AM
  #82  
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Alot of the drop is attributable to the NASDAQ f**k up. Traders went for over 2 hours not knowing if they had bought/sold and at what price. The consequence is that NASDAQ sent out a form asking for how many you thought you had sold/bought what price you thought you had and then confirmed against the actual amount you had confirmed bought/sold and the actual price. Therefore if you thought you sold and you hadn't sold you were forced to sell as the form had to be submitted by noon and couldn't be submitted if it wasn't fully completed.....either which way it was overpriced IMO
Old 23 May 2012, 01:38 PM
  #83  
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Originally Posted by alloy
..either which way it was overpriced IMO
Hi Alloy, what makes you think that? It's a very difficult business to price because it's not really heading where other businesses have gone before. You may as well make up a number and I think that is what many Analyst do despite their (pseudo) scientific valuation methods.
Old 23 May 2012, 01:48 PM
  #84  
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Gone up on pre market trading, that's a first
Old 23 May 2012, 03:19 PM
  #85  
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There be a sh*tstorm a-brewing :

http://www.telegraph.co.uk/technolog...-over-IPO.html
Old 23 May 2012, 04:45 PM
  #86  
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I guess they missed the small print where it says investments can go down as well as up.
Old 24 May 2012, 02:47 AM
  #87  
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I use Ad-Block+ as an add on in my browser . So that totally ***** FB
http://adblockplus.org/en/chrome
Old 24 May 2012, 05:06 AM
  #88  
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Originally Posted by RobJenks
I use Ad-Block+ as an add on in my browser . So that totally ***** FB
http://adblockplus.org/en/chrome
And Scoobynet.
Old 24 May 2012, 09:47 AM
  #89  
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i use a custom host file aswell

I am amazed at the level of sh1te on this site if I ever access it from another device that is "unprotected"
Old 24 May 2012, 09:55 AM
  #90  
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Originally Posted by tony de wonderful
Hi Alloy, what makes you think that? It's a very difficult business to price because it's not really heading where other businesses have gone before. You may as well make up a number and I think that is what many Analyst do despite their (pseudo) scientific valuation methods.
See my comments on the prior page...but in summary doubt over advertising revenue, hard to monetise a business that brands it self as "hackers", $15bn privacy lawsuit, 107 PE ratio at IPO price, the sheer fact that people that dont even play the markets were getting hyped about it...


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