kain_kusanagi said:
I don't really use facebook, but the people who do use it all day long. Just wait until Facebook starts monotising it's service and adds a premium paid membership. There are a lot of ways Facebook could generate untold riches. But like all stock it's a gamble. I don't gamble and that's why I don't trade. But if I was a gambling man I think there's more money to make in the stock game with Facebook than Apple. You have to get in when it's cheap before it maxes out. |
That's completely untrue I'm afraid, Facebook's userbase is generally speaking not the type that will pay a penny for anything, very little spending power in their users that actually use it often and install extra "apps" on it like the Zynga games. It has an astronomical userbase and hence the high value float, it's been realised that this userbase although massive is basically worthless.
Facebook used to be ad-free. People moved away from Myspace -> Facebook because of the ads. Facebook has since bought in ads but in no way to the level that Myspace did before it's collapse, Facebook will be the next Myspace if they proceed with further trying to monetize the service, people just aren't interested, not even a small portion.
I could see the Myspace collapse a mile away and can see the Facebook one too if things go that way, no question.
