Facebook, Inc. (NASDAQ:FB)

CAPS Rating: 2 out of 5

Recs

1
Player Avatar callumturcan (91.58) Submitted: 7/26/2012 10:45:26 AM : Outperform Start Price: $27.52 FB Score: -28.13

Earnings may cause a pop

Report this Post 5 Replies
Member Avatar chaddibanyan (< 20) Submitted: 7/26/2012 12:18:53 PM
Recs: 0

and I am going to sell what I have if it pops...

Member Avatar sikiliza (< 20) Submitted: 7/26/2012 1:23:25 PM
Recs: 1

And it will pop, much like a bubble does.

Member Avatar callumturcan (91.58) Submitted: 7/27/2012 4:13:09 PM
Recs: 0

I'm not a facebook bull by any means, I was just wildly guessing that it may pop if there was even a slight earnings beat or something new in the pipeline, but I was wrong. I'm switching this to a bear sign, I am aware facebook is way overvalued and should come down to a much lower multiple. Unless they can meaningfully increase revenue per user like LNKD is, they should trade at less than $20 a share. I was planning on getting some easy caps points but that failed haha. I do agree that the social networking "boom" will pop rather soon, especially after FB, Grpn, and zygnas bad quarters.

Member Avatar callumturcan (91.58) Submitted: 7/27/2012 4:13:09 PM
Recs: 0

I'm not a facebook bull by any means, I was just wildly guessing that it may pop if there was even a slight earnings beat or something new in the pipeline, but I was wrong. I'm switching this to a bear sign, I am aware facebook is way overvalued and should come down to a much lower multiple. Unless they can meaningfully increase revenue per user like LNKD is, they should trade at less than $20 a share. I was planning on getting some easy caps points but that failed haha. I do agree that the social networking "boom" will pop rather soon, especially after FB, Grpn, and zygnas bad quarters.

Member Avatar HedgeFund007 (91.30) Submitted: 7/28/2012 10:32:08 AM
Recs: 0

pop pop pop!!

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