by Gusai » Tue May 22, 2012 6:10 pm
From an investors point of view though, FB is going to be pretty volatile for a while, and I doubt it will increase in value to be above it's opening value of $38. FB set the number which was over priced.
For a company that actually doesn't produce anything substantial and utilizes an unproven revenue model, it's going to take a major shift in investor confidence for things to turn around. How do you track on paper FB's success or failure? By looking at your friend's friend list and see he has more poeple there thanhe did last week? Let's not forget the Dot com explosion was not long lived. How long qwill FB survive as a pubic company? The pressures on the company now are far greater thanthey ever were... I would expect FB will change considerably over the next few years... and not for the better. Myspace may yet make a comeback, or some other website.
Who knows.
From an investors point of view though, FB is going to be pretty volatile for a while, and I doubt it will increase in value to be above it's opening value of $38. FB set the number which was over priced.
For a company that actually doesn't produce anything substantial and utilizes an unproven revenue model, it's going to take a major shift in investor confidence for things to turn around. How do you track on paper FB's success or failure? By looking at your friend's friend list and see he has more poeple there thanhe did last week? Let's not forget the Dot com explosion was not long lived. How long qwill FB survive as a pubic company? The pressures on the company now are far greater thanthey ever were... I would expect FB will change considerably over the next few years... and not for the better. Myspace may yet make a comeback, or some other website.
Who knows.
