Growing the love for investing
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ratings and Key Statistics provided by Zacks.
SEC Filings and Insider Transactions provided by Edgar Online.
Powered and implemented by Interactive Data Managed Solutions. Terms & Conditions
RSS Headlines
Fool UK
Recs
http://www.fool.com/investing/general/2012/08/13/you-should-ignore-this-facebook-advice.aspx
NFLX CEO Reed Hastings is betting $1 million of real money on Facebook, but his market moves are not exactly the gold standard of investment advice. I still believe that Facebook is too expensive at today's $22 per share, and that the underlying business may have peaked already. My dim view of Facebook's future is unmoved by Reed Hastings' seal of approval or sea lion of enthusiasm.
The only way to turn my frown upside down is to restart Facebook's stalled growth engines and improve the anemic monetization of its torrential online traffic. One or the other isn't enough, and doing both will be very difficult -- especially with a green management team under Zuckerberg's dictatorial thumb. I recently canceled my thumbs-down CAPScall on this stock just to lock in some drastic short-term points, but the bearish rating is back again. There just isn't any substance behind Facebook's flashy face.