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Facebook: More than 83 million users are fake

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They have 950 million users (83 million are fake) and they only generate 1.1 billion per quarter. That's about a dollar per user. You have to be insane to buy their stock.

The majority of analysts are recommending a HOLD or a BUY at the current price. Do you use the price doesn't matter theory for choosing stocks as well?
 
The majority of analysts are recommending a HOLD or a BUY at the current price. Do you use the price doesn't matter theory for choosing stocks as well?

I can find you the same analysts from 3 weeks ago when they were saying buying at $29 was a steal and were looking to climb to $37.

My point is don't listen to the analysts.
 
I can find you the same analysts from 3 weeks ago when they were saying buying at $29 was a steal and were looking to climb to $37.

My point is don't listen to the analysts.

I'm not buying anything but baby diapers and wet wipes at the moment, but telling Kato he is insane to buy the stock at a price that he sees as a good point of entry seems a bit near-sighted.
 
I'm not buying anything but baby diapers and wet wipes at the moment, but telling Kato he is insane to buy the stock at a price that he sees as a good point of entry seems a bit near-sighted.

He can buy at $14. I will buy his shares when he dumps them at $7. It will go to single digits before it generates any meaningful revenue.
 
FB still has an exorbitant PE ratio.

It's a gamble. Stay away unless you feel like rolling the dice. Nobody knows how this company is going to make money in the future. Ad revenues don't scale. Valuation is far too high for a company relying solely on ad revenue.
 
What % of those accts belong to rogue juror?

There will come a time when facial recognition will be implemented and linked to gvmnt databases.

For example someone uploads a pic that happens to show you in the background taken in Boaco, Nicaragua. They will immediately know where you were at from the gps and picture data. There will be an entry in your file: Don Durito boaco ni 16:44 2012 and on and on.

Say NO to Facebook.
 
FB still has an exorbitant PE ratio.

It's a gamble. Stay away unless you feel like rolling the dice. Nobody knows how this company is going to make money in the future. Ad revenues don't scale. Valuation is far too high for a company relying solely on ad revenue.

Well they also make money off the people who play the Zenga games and want more stuff.
I do not understand, if this is supposedly a free site to join, how they are making millions off of it.