I do believe though that FB has the potential for a lot more revenue just because they own the channel to their gazillion users. They just haven't figured out a good way, yet.
You're also falling prey to anchoring bias. Because Facebook stock has previously been twice as much as it is now, it seems 'cheap', and a good deal.
What you really need to consider is the net value of Facebook as a company (by assessing its long term money making potential), and deciding whether its currently under or over valued.
I personally would never consider buying shares in FB because of the weird voting structure/rights. When I buy a piece of the company I want the corresponding votes to have my say in making sure that company is run in my best long term interests.
However, if he starts doing crazy things, or I think there's a better candidate for the job, I want to be able to vote to chuck him out. 1 share 1 vote!
This is really only the second "rock bottom" its hit. The first one was a good place to make a trade, and when this one settles, it might be a good place too.
Is it said that? You should had bought Nokia, RIM or companies in the past like Silicon Graphics(once it started going down like crazy) or SCO.
FB is a scam to make their founders rich, a pyramid scheme in witch the money that enters is always from new people that believe are going to be rich with the "new thing"(social media), not from the real world.
FB is a billionaire business that does not know how to make money.
Good luck with those investments.
Social networks are here to stay. They fix many of the shortcomings of older ways of communicating. Facebook has shown that it’s possible to make money with that. Their current numbers are most certainly not an invalidation of the business model or service, it’s more that they might have wanted too much.
Social networks are a sound idea. Facebook has a competent implementation of a social network. Maybe it’s not enough to rule the world – but I think it’s enough to make some money and be a healthy business (though Facebook seems to want more).