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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?