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How can we not throw our hats into the ring with some sort of “facebook credo”? Honestly, we are both tired of Facebook and the endless drone that is Wall Street on the subject of Facebook.
We all use Facebook but have never knowingly clicked on an ad or purchased anything through a Facebook link. Therein, lies the rub for the company- how to make money after the inital hoopla ends and advertisers really scrutinize the value of ad dollars spent on Facebook. We are and have been wary of Facebook as an investment for quite some time- gotta say the Social Network movie didn’t exactly paint Facebook management as folks who would care what shareholders thought or how they fared finanically.
Our advice, tread carefully - buy it if you dare but keep your seat belt fastened - it is our sneaky suspicion that both bears and bulls will at various points be capable of claiming victory over the coming months (FB $32 at this time)