patrick.net
An Antidote to Corporate Media
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FB is a ponzi. It will collapse soon enough. They don't even allow auditors to verify 'likes' are not fraudulent.
I agree with this except for that they will make some money from the mostly older (and wealthier) demographic now perusing FB, and except for that they can keep this hype scheme going longer than a lot of shorts can stay solvent ;) They will be around for quite a while and eventually go the route of MySpace.
smaulgld
2014 Feb 28, 6:07am
google facebook fraud on you tube
Yeah, I saw that video and it really is crazy marketing companies wouldn't have a problem with all this. Companies are spending a fortune and they can't even audit the results!
I just started a facebook page and tested it myself for $15- it is a complete waste- I wrote to Facebook and told them The few likes I got were from people that had liked thousands of pages none remotely close to economics and real estate.
https://www.facebook.com/smaulgld
smaulgld
2014 Feb 28, 6:13am
What a joke. Fraudster company!
Since the page was new and all the other likes I got were from people I knew it was obvious who the bought likes were. I could also tell that even though they said one of my blog posts received something around 3000 views. I didn't register one click from Facebook according to my google analytics.
Why would a company even bother with facebook? I only did it because I had seen the video about how bad it really is.
How long can they pull this off?
SFace
2014 Jul 23, 9:05am
The way I see it, FB can be a 40% operating margin business. If you slap a 40-50% growth for the next three years, we're talking about a 15B dollar busines with operating profits of $6B or $4B net of tax.
lol hahahahahahahahahahahahahahahahahahahahaha
well, here it is about a year later
http://finance.yahoo.com/news/facebook-reports-second-quarter-2014-200500433.html
46% operating margin and on track for 6B+ in pre-tax income. growth is 60%. I though it would take 3 years, but looks like FB will make 6B in 2014 not 2016
The Original Bankster
2014 Jul 23, 9:08am
OP: obvious ad is obvious.
clearly patnet is on the list of targets for forum spam.
Eman
2014 Jul 28, 2:12am
SFace,
Just sold all of my FB shares. Cleared almost $12,500 in profit. Thank you very much.
Wow, you probably timed the top. Only time will tell.
Apparently not. FB made new high. They broke out of the $72 range. I was waiting for it to form a handle and buy it back at around $64-$65 range. Nope, it just broke out without forming a handle. I see this stock going to $90 within the next 12 months.
The Original Bankster
2014 Jul 28, 2:15am
you should buy Facebook shitstock, spying on Americans is very profitable.
Eman
2014 Jul 28, 10:14am
SFace,
Just sold all of my FB shares. Cleared almost $12,500 in profit. Thank you very much.
Wow, you probably timed the top. Only time will tell.
Apparently not. :(
anotheraccount
2014 Jul 28, 12:02pm
Apparently not. :(
FB profit margins are ridiculous, but sales are still very low. 3B a quarter is only 12B a year for a market cap of 200B. I have not used FB in a while, glad to get off it.
Eman
2014 Jul 28, 12:13pm
Apparently not. :(
FB profit margins are ridiculous, but sales are still very low. 3B a quarter is only 12B a year for a market cap of 200B. I have not used FB in a while, glad to get off it.
I got you beat. I have never used FB and don't even have an account with them.
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Love what they are doing with Mobile and they figured out how to put ads on a phone in a targeted and discreet way (as part of a feed.) Really, FB have the most lucrative advertising platform out there for the majority.
For just an ad company, they aready have more than 1M paid advertisors, the bulk of which are small business'. Can't see why they can't have 5 million customers and really monteize what they built big time. FB will be going up for the next 2 years.
I wonder if Instagram can do what Youtube did for Google?