- I’m sure a few of you have had the experience of using Facebook late at night, only to wake up and find that you’ve gotten seven auto-insurance quotes or enrolled as a criminal-justice major at the University of Phoenix.
It all goes to my junk mail anyways. It has to work though or they wouldn't do it.
but if we ignore the last quarters losses as IPO related
the price is still 50 to 70 times earnings we live in retarded times but that is not a good bet. But my math is based on number of active users [pairs of eyes that see ads]
Zuckerberg claims 955 million active users. Being as my wife alone has 8 fake accounts so she can cheat at games.
I have 2 one for work one my boss can't read assuming I had a boss. I have grave doubts on the validity of that number I estimate about 1/3 of those "people" are real. 30 / 3 = 10 + 2 cuz folks are stupid = $12. If we stare into the face of the unspeakable truth. (web ads are not worth the paper they are not printed on) the company is nearly worthless.
They should create an Amazon competitor, or buy Overstock.com or something similar, then they might have an edge. The service they provide gets worse the more they try to monetize it.