No, I sold OFFICE DEPOT STOCK at 20 dollars a share and got a few grand and now it's down to two dollars a share so do the math. I used to work for ODP during the PAPER CLIP WARS - LOL
Well this is a first Dvtimes and Facebook on a par, both full of shit. That valuation is mentally insane, $4BN turnover and a $1BN profit, so that's 100 times earnings on a 25% margin, which seems a pretty good margin, double the margin and it's still 50 times earnings which is still mental. Nah I'm putting everything into Lonhro http://www.lse.co.uk/SharePrice.asp?...R&share=LONRHO
Well this is a first Dvtimes and Facebook on a par, both full of shit. That valuation is mentally insane, $4BN turnover and a $1BN profit, so that's 100 times earnings on a 25% margin, which seems a pretty good margin, double the margin and it's still 50 times earnings which is still mental. Nah I'm putting everything into Lonhro http://www.lse.co.uk/SharePrice.asp?...R&share=LONRHO
You know who had a more insane valuation at IPO? Google.
I did at $34. I use a 20% down rule. If it hits $28 or so I am out. But my thinking is where will the stock be in 10 years so I am hoping to hold a long time..
I did at $34. I use a 20% down rule. If it hits $28 or so I am out. But my thinking is where will the stock be in 10 years so I am hoping to hold a long time..
uhhh, remember who came in and destroyed something called myspace? The same thing will happen to facebook by the next one. I seriously doubt it will be worth $2 in $10 years.
uhhh, remember who came in and destroyed something called myspace? The same thing will happen to facebook by the next one. I seriously doubt it will be worth $2 in $10 years.
How many members did MySpace have? Revenue per year? Facebook makes 8x what MySpace sold for. How long did it stay dominant? How long has Facebook been dominant?
Apple overtook Microsoft, Google overtook Yahoo, etc. Your argument makes no sense as it could apply to ANY company.
You know who had a more insane valuation at IPO? Google.
Yeah but that was 8 years ago and Google are far more diverse, Youtube, Search, Analytics and probably a load of other sites I don't even know about. Facebook is essentially just social network, where their existing users just become blind to advertising (like when you Sky Plus and speed through the commercials) and their new markets are going to be much harder work. CLUE....maybe that's why they floated now )
Yeah but that was 8 years ago and Google are far more diverse, Youtube, Search, Analytics and probably a load of other sites I don't even know about. Facebook is essentially just social network, where their existing users just become blind to advertising (like when you Sky Plus and speed through the commercials) and their new markets are going to be much harder work. CLUE....maybe that's why they floated now )
How many products did Google have in 2004? They were in search and just getting into Email.
Well this is a first Dvtimes and Facebook on a par, both full of shit. That valuation is mentally insane, $4BN turnover and a $1BN profit, so that's 100 times earnings on a 25% margin, which seems a pretty good margin, double the margin and it's still 50 times earnings which is still mental. Nah I'm putting everything into Lonhro http://www.lse.co.uk/SharePrice.asp?...R&share=LONRHO
Exactly, you must be an idiot to buy so overpriced stock. On the other hand those people who bought have money and if they have money at least some of them are not idiots. So this gets a little bit confusing.
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