Peter Schiff on facebook and he is totally right!

Discussion in 'Stocks' started by S2007S, May 24, 2012.

  1. The market will not remain irrational forever. This is, at some point, a $100 stock.

     
    #11     May 24, 2012
  2. " by the time the IPO is issued there is no upside left for the investor............"

    face plant

    RIP

    s

    :cool:
     
    #12     May 24, 2012
  3. $100.00 for Fakebook????? :eek: You have GOT to be kidding! The site is a total waste of time and energy and totally useless. People have been leaving in droves and if you believe the #'s they dish out I have some land in FL. to sell you.
     
    #13     May 24, 2012
  4. S2007S

    S2007S


    He meant $100 on Amazon stock not facebook.

    $100 on facebook would value the company at over $250,000,000,000

    What does facebook produce?
     
    #14     May 24, 2012
  5. Have you seen the new version? It includes dogs and cats accounts. It's been found In testing pets were much more likely to click the banner ads.
     
    #15     May 24, 2012
  6. I should have been clearer. S2007S is correct. I was referring to Amazon. It would not shock me if six months or a year from today FB was $20.

     
    #16     May 24, 2012
  7. Wall street and it's crooks including Goldman have only one job

    to rob people and pensions under management
     
    #17     May 24, 2012
  8. LEAPup

    LEAPup

    No doubt! Like I said yesterday, fartbook will by then be about as popular as a leisure suit in 2012.
     
    #18     May 24, 2012
  9. LEAPup

    LEAPup

    Suicides
    Divorces
    Fights
    Jealousy
    Narcissism

    Need I go on?
     
    #19     May 24, 2012
  10. S2007S

    S2007S



    :p :p :p :p :p

    So very true.
     
    #20     May 24, 2012