Facebook Stock Would You Buy It Now?

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Facebook Stock seems to be going up a little, was curious do you think it's a good idea to buy it now or not at all?
#facebook stock
  • Profile picture of the author garyv
    Originally Posted by craigslist View Post

    Facebook Stock seems to be going up a little, was curious do you think it's a good idea to buy it now or not at all?
    I said this way back when facebook took a dive - and everyone thought I was crazy - but it's still going no where but up. They have an infrastructure in place that no one else really has. Most people look at it as just a social gathering website, but it's way more than that underneath. Plus they've figured out very quickly how to make a profit with mobile traffic, and their mobile ad revenue is getting ready to surpass their revenue from desktops.
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  • Profile picture of the author yukon
    Banned
    Buy stocks when everyone else is in panic mode & selling out.

    As far as Facebook stock, I would never buy their stock, their whole existence doesn't make much business sense to me.

    IMO, buy something that makes business sense, like services that have a monopoly, everyday physical products that have strong brands & are undervalued.

    An example of a business/niche monopoly. A few years ago I bought a bunch of Baidu stock (Adsense money reinvested), I made 4x earnings on that stock. When I bought the Baidu stock Google was in the news big time for getting shut down in China (search niche), Baidu was the BIG dog of China search, with Google out of the picture Baidu had a controlled monopoly thanks to China Gov. telling Google to GTFO of China.

    Buy things you can understand or things you can prove have a monopoly.
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  • Profile picture of the author Rits
    I wouldn't buy it then and I still won't.
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